Keywords: Steel
European Union officials are preparing to confront U.S. Commerce Secretary Howard Lutnick over Washington's efforts to expand the list of EU products subject to elevated steel and aluminum tariffs. This expansion threatens to undermine a trade agreement reached just months ago designed to cap tariffs......
U.S. President Donald Trump announced on Friday that he plans to unveil new tariffs on semiconductors in the “next week or the following week,” ahead of his trip to Alaska to meet Russian President Vladimir Putin. “I will announce new tariffs next week or the week after, on steel and,......
Japan announced on Wednesday the initiation of an anti-dumping investigation into imports of hot-dip galvanized steel from China and South Korea. The move follows a complaint filed on April 28 by Japanese steelmakers including Nippon Steel and Kobe Steel. Domestic producers claim that falling local......
KANANASKIS, Alberta — On the sidelines of the G7 Summit in Canada, U.S. President Donald Trump and UK Prime Minister Keir Starmer announced the signing of a new trade agreement aimed at easing certain tariffs between the two nations. The deal marks a step forward in efforts to finalize a comprehensive......
U.S. President Donald Trump has significantly increased tariffs on imported steel and aluminum, raising them to 50%. This move, announced in a presidential order effective from 12:01 a.m. local time on Tuesday, is presented as a measure to protect national security. According to the White House, although......
The British government took control of British Steel on Saturday, following the swift adoption of an emergency law by Parliament aimed at preventing the closure of its blast furnaces in Scunthorpe, located in northeastern England. In an extraordinary session, both Members of Parliament (MPs) and Lords......
The Office National des Chemins de Fer (ONCF) has awarded two construction contracts to the Italian company Generale Costruzioni Ferroviarie (GCF) for the extension of the high-speed rail line connecting Tangier and Kenitra to Marrakech. GCF will lead a consortium that includes its subsidiaries Transalpes......
British Steel, a key player in the UK’s steel industry, recently confirmed that it would close its blast furnaces and steelmaking operations due to ongoing market challenges, tariffs, and rising environmental costs associated with high-carbon steel production. In an official statement, the company......
Sonasid, Morocco’s leading steel manufacturer, has announced a remarkable net profit of MAD 151 million ($15.1 million) for the fiscal year 2024, representing a substantial 91% increase compared to the previous year. This impressive performance marks the best results the company has achieved since......
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