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U.S.-U.K. Agreement On Steel And Aluminum: Away Goes Section 232 Duties, But Impact Is Limited
A new U.S.-U.K. trade deal has resulted in the removal of Section 232 duties on U.K. steel and aluminum imports, a move seen as “positive” by many parts of the industry as it could help curb the risks of triangulation of Chinese exports. The understanding, announced...
Steel Europe between crisis and revival: industrialists’ rallying cry at Made in Steel 2025
During Made in Steel 2025, held in Milan, the European steel sector sent a clear message: European steel is in trouble and urgently needs effective, coordinated and concrete industrial policies. Strongly expressing this position was Giuseppe Pasini, president of the...
Base Metals Contrasted At SHFE Amid Uncertainties About Duties And Expectations Of Monetary Policy
During the morning of Friday, May 9, base metals trading on the Shanghai Futures Exchange (SHFE) experienced mixed movements amid general caution related to tariff tensions between the United States and China, according to market sources. Traders moved with extreme...
Spot Nickel Markets Stable But Little Liquidity In Europe, China And The United States
During the week ended Tuesday, May 6, the nickel spot market showed essentially static dynamics in the major global areas-Europe, China and the United States-with little trading, unchanged premiums and wait-and-see sentiment among traders. Low liquidity, tariff...