News
- The US and South Korea have agreed on a trade deal with a 15% tariff rate
Seoul has committed to investing $350 billion in the US, while Washington has agreed to reduce the threat of tariffs on Korean goods
- Chinese steelmakers boost profitability amid capacity cuts
In the first half of the year, the industry's profits grew 14-fold thanks to reduced supply and weaker raw material prices
- The EC has launched consultations on replacing protective measures for steel
The EU is seeking to develop a highly effective and promising instrument
- Trump announces 30% tariffs on imports from the EU and Mexico
The EU will continue to suspend its countermeasures until early August and insist on negotiations
- Vietnam has imposed anti-dumping duties ranging from 23.10% to 27.83% on certain hot-rolled steel products originating in China following the expiry of a similar temporary tariff. This was announced i
The parties already have examples of industrial cooperation
- Canadian steelmakers consider government’s proposed protective measures insufficient
Steel dumping from Europe and Asia affects the competitiveness of the local industry