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Photo – The USA increased steel imports by 9.4% m/m in April
The USA increased steel imports by 9.4% m/m in April

The import of rolled steel in the USA for the month increased by 1.4% m/m

Photo – The US imported 77% of steel in 2022 without the application of section 232 tariffs
The US imported 77% of steel in 2022 without the application of section 232 tariffs

Last year, the country reduced corresponding steel imports by 1.9% y/y

Photo – US rolled steel prices will ease after rising in the first quarter
US rolled steel prices will ease after rising in the first quarter

Service centers are currently looking to reduce inventory

Photo – Nucor and NuScale Power will work together on a green transition
Nucor and NuScale Power will work together on a green transition

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

Photo – The green agreement between the US and the EU should affect Chinese steel production
The green agreement between the US and the EU should affect Chinese steel production

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

Photo – US extends duty on round welded pipes from four countries
US extends duty on round welded pipes from four countries

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

Photo – World prices for hot-rolled coils are falling under the pressure of low demand
World prices for hot-rolled coils are falling under the pressure of low demand

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

Photo – The USA increased steel imports by 14.2% m/m in March
The USA increased steel imports by 14.2% m/m in March

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

Photo – Nucor reported net income of $1.14 billion in the first quarter
Nucor reported net income of $1.14 billion in the first quarter

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

Photo – The USA introduced sanctions against the Russian Metaloinvest
The USA introduced sanctions against the Russian Metaloinvest

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

Photo – Cleveland-Cliffs will increase flat rolled steel supply in the first quarter
Cleveland-Cliffs will increase flat rolled steel supply in the first quarter

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

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