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Steel and aluminium: Biden administration confirms 25% tariff on Chinese metal
The Biden administration confirms that it will increase the tariff rate on certain steel and aluminium products of Chinese origin under Section 301 from 0-7.5 per cent to 25 per cent in 2024. This follows a thorough review by the US Trade Representative. The move is...
Pig iron: Ukraine reduces exports to conserve raw materials for domestic steel
Ukraine's pig iron exports fell to 55,710 tonnes in April, down almost 40% from March and down a third year-on-year, as the country retained more iron for domestic steel production. In the January-April period, pig iron exports fell 21.7 per cent year-on-year to...
Flat Carbon Steel Service Centres: Market Analysis and Current Trends
In the context of the steel industry, service centres play a crucial role in the supply chain, acting as a bridge between producers and consumers. They are the key suppliers of flat carbon steel sheets and strips, a key material for a wide range of industries....
Rare earth: elements are a potential blind spot for EU politicians and industry
The approval of the Critical Raw Materials Act (CRMA) by the European Union was a historic achievement that will strengthen critical raw materials supply chains, but not without some foreseeable challenges. While the EU published its first list of critical raw...