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Photo – The European Parliament has approved the trade agreement with the United States
The European Parliament has approved the trade agreement with the United States

European lawmakers are calling for the removal of the 50% U.S. tariffs on steel and aluminum products

Photo – The US reduced its imports of rolled steel by 45.9% y/y in January
The US reduced its imports of rolled steel by 45.9% y/y in January

Total steel imports rose by 4.6% m/m but remained 46.3% lower than a year ago

Photo – Quotations for welded pipes in Turkey rose by $18 per ton in February
Quotations for welded pipes in Turkey rose by $18 per ton in February

OCTG pipe prices in North America decline for the second consecutive month

Photo – Nucor raised the price of hot-rolled coil to $1,010/ton
Nucor raised the price of hot-rolled coil to $1,010/ton

The new announcement marks the eighth consecutive weekly price increase

Photo – Prices for rebar declined in most regions in February
Prices for rebar declined in most regions in February

Turkish producers are trying to stimulate demand through discounts

Photo – Nucor raised the price of hot-rolled coil to $1,005/ton
Nucor raised the price of hot-rolled coil to $1,005/ton

The company announces its seventh consecutive price increase

Photo – The EU expects the US to lower tariffs on steel and aluminum products
The EU expects the US to lower tariffs on steel and aluminum products

The bloc faced a transition period in trade relations with the United States

Photo – Prices for hot-rolled coil continue to rise in February
Prices for hot-rolled coil continue to rise in February

In the EU, purchasing activity is held back by the availability of stocks built up prior to the full implementation of the CBAM

Photo – Nucor raises hot-rolled coil prices for the sixth consecutive time
Nucor raises hot-rolled coil prices for the sixth consecutive time

Offers rose by $10 to $990/t for all companies except California Steel Industries, where the price reached $1040/t

Photo – US trading partners hope for compliance with agreements reached
US trading partners hope for compliance with agreements reached

In particular, the EU is awaiting clarification on Washington's next steps following the Supreme Court's decision

Photo – EU steel exports to the US fell by 30% due to new tariffs imposed by Washington – EUROFER
EU steel exports to the US fell by 30% due to new tariffs imposed by Washington – EUROFER

The association calls for a balanced trade agreement and protection against indirect steel imports through finished goods

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