US - Latest news GMK Center

Service centers are currently looking to reduce inventory

Тhe companies will explore the possibility of using SMR power plants at Nucor enterprises

The negotiations are aimed at establishing barriers for products produced with high carbon emissions

Tariffs apply to products shipped to the US from Brazil, Mexico, South Korea, and Taiwan

Global rolled steel trade is slowing due to uncertainty in the Chinese market

The import of finished steel products in the USA for the month increased by 9% m/m

In the fourth quarter of 2022, the company's net profit was $1.26 billion

The value of the deal was $162 million

The subsidiaries of Metaloinvest Lebedynskyi and Mykhailivskyi Minings, OEMK and the Swiss Metalloinvest Trading came under the influence of Western sanctions

The company expects shipments to increase by 13% y/y in the first quarter of 2023

Countervailing duties are applied from April 3, 2023

The European market is breaking out of the general trend due to limited supply