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US - Latest news GMK Center

Photo – Steel Dynamics introduced low-carbon steel grades BIOEDGE and EDGE
Steel Dynamics introduced low-carbon steel grades BIOEDGE and EDGE

New products will help customers reduce their carbon footprint in supply chains

Photo – Cleveland-Cliffs closed orders for hot-rolled steel for December
Cleveland-Cliffs closed orders for hot-rolled steel for December

Demand for US-made steel has increased due to tariffs and new requirements Melted and Poured

Photo – Trump cuts tariffs on imports from China
Trump cuts tariffs on imports from China

Beijing, in turn, will make adjustments to its countermeasures in the trade war.

Photo – How the US CBAM will affect the steel industries of different countries
How the US CBAM will affect the steel industries of different countries

The introduction of this mechanism will cause a collapse in steel exports to the US from China and Vietnam

Photo – The US Federal Reserve lowered its base rate by 25 basis points
The US Federal Reserve lowered its base rate by 25 basis points

The regulator acknowledged increased risks for the labor market and maintained its course to return inflation to 2%

Photo – Nucor raises prices for hot rolled coils to $885/t
Nucor raises prices for hot rolled coils to $885/t

The company's third-quarter profit exceeded expectations, in particular due to higher product prices

Photo – Atlas Tube and NLMK USA raise steel prices amid recovery in demand
Atlas Tube and NLMK USA raise steel prices amid recovery in demand

US producers report adjustments to supply of coiled steel and pipes

Photo – Steel Dynamics demonstrates strong performance in the third quarter
Steel Dynamics demonstrates strong performance in the third quarter

The company expects improved market conditions to drive higher domestic demand

Photo – Canada to exempt some steel and aluminum from the US and China from tariffs
Canada to exempt some steel and aluminum from the US and China from tariffs

Local steel producers are disappointed with the government's decision

Photo – Stellantis to invest $13 billion in US growth
Stellantis to invest $13 billion in US growth

This will increase production in the country by 50% over the next four years

Photo – EU pressures the US to cancel tariffs on steel derivatives
EU pressures the US to cancel tariffs on steel derivatives

The European Commission believes it has fulfilled its part of the conditions by proposing new protective measures

Photo – The IEA has significantly downgraded its forecast for renewable energy growth in the US through 2030
The IEA has significantly downgraded its forecast for renewable energy growth in the US through 2030

Overall, global renewable energy capacity will double by that date

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