Mexican Economy Secretary Marcelo Ebrard announced Friday that next week his government will hold meetings with the US Trade Representative (USTR) team to negotiate tariffs on steel and aluminum. He emphasized that reaching an agreement on these issues is crucial for both...
The Polish Presidency of the Council of the European Union emphasized the commitment of EU member states to "protect" the bloc's steel and aluminum sectors from any potential "market destabilization.""Member States are united in solidarity & determined to protect EU's steel & aluminum...
Chinese Foreign Ministry spokesperson Guo Jiakun on Wednesday condemned the US decision to impose 25% tariffs on all steel and aluminum imports, calling it a serious violation of World Trade Organization (WTO) rules. Guo emphasized that the move undermines "the rule-based multilateral trading...
Brazil may tax US tech platforms if US President Donald Trump ratifies tariffs on steel and aluminum imports, Folha de S.Paulo reported Monday, citing a government official. Expected to be formalized today, Trump's measure could directly affect Brazil, which directed 48% of its total exports, equivalent...
United States President Donald Trump pledged to place tariffs on "foreign production of computer chips, semiconductors and pharmaceuticals," in hopes of returning production of these "essential" goods to the US.
"They left us and left for Taiwan and we want them to come back," he said. "And...
United States President-elect Donald Trump announced plans to stop Nippon Steel, a Japanese company, from buying US Steel.
Trump reiterated his campaign promise to impose measures to protect the industry from foreign ownership and proposed using tax incentives and tariffs to ensure it...
Nippon Steel will end its joint venture with China's Baoshan Iron & Steel, terminating a partnership that began in 2004, Nikkei Asia reported on Tuesday. The move comes as Japanese automakers, Nippon Steel's primary customers, struggle in China amid the rise of local electric vehicle (EV)...
H2 Green Steel announced on Monday that it signed definitive debt financing agreements for €4.2 billion in project financing for "the world's first large-scale" green steel plant in Northern Sweden. In addition, it will receive €371 million from the European Investment Bank (EIB) and the Nordic...
Officials reported that a fire that started in the morning at Posco's Pohang Steelworks facility on Saturday was extinguished and left the plant operations partially suspended for a short time, Yonhap reported
The fire apparently started caused by a spark produced by a gas leakage from a damaged in...
The United Kingdom Exchequer announced on Monday it will implement a tax on iron, steel, aluminum, ceramics, and cement imports to the country by 2027 that will equalize the carbon cost of products from overseas with those produced in Britain.
"This should give UK industry the confidence to...
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