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U.S. rejects offer of Jan talks with UK on steel tariffs Politico ...
Fri, 14 Jan 2022 00:00:00 GMT
The United States has rejected an offer from Britains trade minister Anne-Marie Trevelyan for negotiations on steel tariffs in January, a Politico reporter said in a tweet on Thursday. While Secretary (Gina) Raimondo appreciates the kind invitation, shes not in a position to travel to London in-person at this time, UK-based Politico reporter Emilio Casalicchio said in a tweet citing a U.S. Department of Commerce spokesperson. The Department of Commerce did not immediately respond to a

US, UK leaders meet for steel trade talks
Fri, 10 Dec 2021 00:00:00 GMT
Government officials from the US and UK met this week in Washington, DC, to discuss trade issues stemming from the 232 steel and aluminium tariffs. US Commerce Secretary Gina Raimondo and UK Secretary of State for International Trade Anne-Marie Trevelyan said after the meeting that the two nations will engage expeditiously in talks i

US to remove 30 steel, aluminum products from tariff exclusion ...
Fri, 10 Dec 2021 00:00:00 GMT
The US Commerce Department will remove 30 steel and aluminum product types from its general approved exclusions (GAE) list, again subjecting these items to duties under the nations Section 232 metal tariffs, the department said Dec. 9. Based on Commerces review of the public comments received in response to the Dec. 14 2020 rule

UK launches bid for USA to end tariffs on steel, aluminum
Tue, 07 Dec 2021 00:00:00 GMT
UK Secretary of State for International Trade Anne-Marie Trevelyan is visiting the US this week as part of a push for an end to Trump-era tariffs on steel and aluminum imports, the UK government said in a statement Dec. 5. During her three-day trip to New York and Washington, the UK trade secretary will

US details EU quotas; Netherlands, Germany big winners
Wed, 01 Dec 2021 00:00:00 GMT
The US Department of Commerces Bureau of Industry and Security (BIS) has published detailed tariff-free quotas for European steel applicable from 2022. This is part of the new bilateral agreement between the US and EU regarding Section 232 measures. As anticipated, overall, European mills will have the possibility to sell into the US 3.3

Germany, Netherlands get big steel export quotas for post-tariff ...
Mon, 29 Nov 2021 00:00:00 GMT
Germany and the Netherlands have gained rights to substantial steel export quotas to the US from Jan. 1, 2022, after the US ends its current regime of Section 232 import tariffs on steel from the EU under a bilateral deal, according to documents posted on the US Department of Commerce website. Sweden and Austrias

Mechel sees stable coal, steel output; demand slump, tariffs ...
Mon, 22 Nov 2021 00:00:00 GMT
Strong prices and ongoing modernization of its mining fleet helped Russian mining and steel company Mechels coal division to complete the July-September quarter with results equal to the previous quarter, although steel sales declined, affected by a slump in end-user demand and temporary export tariffs. Aided by the mining equipment renovation representing Rb3.3

US and EU markets have mixed view of tariff decision on metals ...
Wed, 03 Nov 2021 00:00:00 GMT
A decision by the US and the EU to replace the Section 232 tariffs on European steel and aluminum imports with a tariff-rate quota was met with mixed market reaction. Domestic buyers feared another surge in domestic steel prices, while European steel producers look to increase export prices to the US, sources told S&P

EU HRC outlook bullish, shortages expected following US tariff ...
Wed, 03 Nov 2021 00:00:00 GMT
The bullish outlook on European HRC prices intensified Nov. 2 following a decision by the US and the EU to replace the US Section 232 tariffs on European steel and aluminum imports with a tariff-rate quota (TRQ) effective Jan. 1, 2022. Market sources had been waiting on the outcome of EU-US discussions since the

US tariff-rate quotas on aluminium create additional market instability
Wed, 03 Nov 2021 00:00:00 GMT
European Aluminium, the voice of the aluminium industry, believes that the tariff-rate quotas, which will replace the existing 10% tariff on EU aluminium products under Section 232, will result in even more trade distortions.

US steelmakers applaud replacement of EU tariffs with quotas
Tue, 02 Nov 2021 00:00:00 GMT
US steel industry groups expressed optimism in response to a deal made Oct. 30 between the US and EU replacing the formers 25% steel tariffs on European metal with a quota system. American Iron and Steel Institute CEO Kevin Dempsey said Oct. 30 the agreement will allow the US and EU to develop a

US-EU deal slashes UK steelmakers' competitiveness: UK Steel
Tue, 02 Nov 2021 00:00:00 GMT
There is concern that UK steelmakers have been left behind in the process of the US and EU negotiating and reaching a deal over steel tariffs, says UK Steel. Steel made in the UK is seen becoming less competitive in the US versus EU material as a result. Over the weekend the US agreed

Number of steel trade tariff news reports: 12
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