US

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EU prepares to counter US protectionism

US tariffs on steel and aluminum may become a controversial issue for the parties

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Nucor raises prices for hot rolled coil to $775/t

Price offers increased by $15 compared to the previous week

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US duties on steel and aluminum will affect millions of tons of imports

Deployment of new capacities will not be fast for US steelmakers, analysts say

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FRS has kept the key rate in the range of 4.25-4.5%

The head of the regulator sees no need to rush to reduce rates

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Nucor raises HRC benchmark price to $760/t

Despite a 60% drop in profitability in Q4, the company expects the market to recover in 2025

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Trump plans to impose broad tariffs on steel and other imported goods

The US President also announced his intention to introduce a universal tariff for all imports

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US increased imports of rolled steel products by 3.7% y/y in 2024

The total import of steel per year increased by 2.5% y/y

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Hyundai Steel is considering building a plant in the United States

The company confirmed its interest in such a step

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AISI outlines priorities for the US steel industry for 2025

American Iron and Steel Institute appeals to the Trump Administration and Congress

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US steelmakers support Trump’s trade policy

Industry associations are ready to cooperate for the development of the American steel industry

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US launches a comprehensive review of its trade relations

Trump also announced the introduction of a 25% duty on imports from Mexico and Canada

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