EU market may see greater HDG volumes as auto demand retreatsFri, 03 Sep 2021 00:00:00 GMT
European hot-rolled coil prices were stable Sept. 2, with pricing uncertainty still rife in a market waiting on the outcome of the potential removal of US Section 232 tariffs come November, and what this could mean for the domestic market, sources told S&P Global Platts. As mills look to fund carbon-free steel production, and
EU steel buyers fear higher prices from potential US tariff removalFri, 20 Aug 2021 00:00:00 GMT
With the summer slow period on its way out, the European market is looking onwards to a possible settlement of the Section 232 steel tariff dispute on November 1, which could restore the flexibility of vital trade routes between Europe and the US, compliant with WTO regulations. Should the tariff on European steel exports
Tariff removal would hinder efforts on steel overcapacity: AISIThu, 17 Jun 2021 00:00:00 GMT
The recent joint statement from the US and EU shows that the governments share concerns regarding their domestic metals industries that must be cooperatively addressed, such as global excess capacity, but a removal of the US steel and aluminum tariffs on the EU would run counter to such initiatives, American Iron and Steel Institute
Peru's Castillo has copper tax deals in his sights; Chinese firms ...Wed, 02 Jun 2021 05:04:04 GMT
By Marco Aquino LIMA Reuters - Peru's presidential front-runner is taking aim at copper mining firms' coveted tax stability agreements that freeze tariffs, and the plan could have an outsized...
US manufacturers ask Biden to end steel, aluminum tariffsFri, 07 May 2021 00:00:00 GMT
A group of over 300 US manufacturing companies sent a letter to President Joe Biden May 6 requesting an immediate end to the Section 232 steel and aluminum tariffs originally implemented in 2018 under former President Donald Trump. Manufacturers in the US currently face historic shortages of readily available and globally priced steel and
Chinas unofficial ban on Australian products fails to inflict ...Sat, 10 Apr 2021 12:19:01 GMT
Last year Deloitte economist Chris Richardson said Chinas trade war had effectively introduced a fear tax and had driven Australias iron ore prices higher. Iron ore prices are close to the peak prices we saw during the mining boom ...
SMA Touts EPI Report on Continuation of 232 Steel TariffsThu, 25 Mar 2021 00:00:00 GMT
WASHINGTON, DC- A newly released report by the Economic Policy Institute (EPI) (Why Global Steel Surpluses Warrant U.S. Section 232 Import Measures) clearly communicates the effectiveness of Section 232 steel
Steel users beg Biden to nix 232 tariffsThu, 25 Feb 2021 00:00:00 GMT
As the White House stays mum so far on the status of the Section 232 tariffs originally put in place by President Donald Trump, a coalition of steel consumers is asking President Joe Biden to do away with them as quickly as possible. In a letter sent to the White House, the Coalition of
SMA Commends Congressional Steel Caucus on Bipartisan Letter ...Mon, 08 Feb 2021 00:00:00 GMT
In response to a bipartisan letter from the Congressional Steel Caucus to President Joseph R. Biden calling for the continuation of Section 232 tariffs and quotas on imported steel, Philip K. Bell, president of the Steel Manufacturers Association (SMA) issued the following
Steel Industry and Labor Urge Biden to Keep Steel Tariffs in ...Mon, 11 Jan 2021 00:00:00 GMT
WASHINGTON, DC - January 11, 2021 - Four of the leading domestic steel industry associations and the United Steelworkers union today urged President-elect Joe Biden to ensure steel tariffs and quotas, put in place in 2018 to protect national security, are
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