The steel union warns that removing counter-tariffs at this moment would be a risky gamble, especially amid rising fears that President Trump is weakening CUSMA. They stress that these protective measures are crucial to safeguarding the North American steel industry
Australia’s top port has shattered records with a soaring iron ore export, driven by strong global demand. This remarkable surge underscores the nation’s vital role in the global minerals market, boosting trade and powering economic growth
Finance Minister Carney has launched a dynamic new aid package aimed at strengthening Canada’s steel industry and safeguarding workers affected by the U.S. tariffs imposed during the Trump administration, emphasizing steel as the essential backbone of our economy
The US and UK have launched an exciting new trade deal aimed at boosting economic ties like never before. However, steel imports continue to pose a significant challenge, with talks still in progress, officials say. More negotiations are expected soon
In a bold move to safeguard its domestic steel industry, Brazil has reintroduced tariffs and quotas on steel products. This strategic decision comes in response to the ever-changing global market landscape, aiming to empower local manufacturers. As trade tensions simmer and challenges persist within the sector, Brazil is taking decisive steps to ensure its steel industry remains resilient and competitive.
Spain’s steel production has experienced an impressive surge of 6.1% year-on-year in the first four months of the year, as revealed by data from GMK Center. This remarkable increase highlights a vibrant recovery within the sector, showcasing not only a rebound in industry but also signaling broader economic growth and escalating demand.
In an exciting new development, former President Donald Trump has announced a groundbreaking trade deal between the U.S. and the U.K.! This agreement highlights a commitment to collaboration in vital industries like steel, automobiles, and beef. With this initiative, both nations are set to enhance their economic partnership and significantly increase bilateral trade.
The UK government has stepped in to support British Steel, a bold move designed to breathe new life into the struggling mill. This intervention highlights just how vital the steel industry is to our economy and job market, especially as it faces ongoing challenges.
The UK government is set to take emergency control of British Steel amid escalating financial challenges, potentially paving the way for nationalisation. This move aims to safeguard jobs and stabilize the struggling steel industry, sources indicate.
Japan’s crude steel production declined for the 12th consecutive month in February, reflecting ongoing challenges in the global market. The downturn underscores concerns about demand in key sectors and highlights the nation’s struggle to stabilize its steel industry.
As the UK braces for the reimposition of tariffs on steel and aluminum under the Trump administration, industry leaders express concern over potential market disruptions. Government officials are strategizing to mitigate economic fallout while seeking new trade partnerships.
Canada has launched a dispute complaint against the United States at the World Trade Organization over tariffs on steel and aluminum. The move underscores ongoing tensions between the two nations regarding trade policies and their economic impacts.
Australia has decided against implementing reciprocal tariffs on the US following President Trump’s announcement of steel tariffs. This response highlights Australia’s commitment to maintaining trade relations, despite the potential economic impact.
