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Extension of UK Steel Safeguard Measures: A Crucial Step for the Sector
On 26 June, the United Kingdom (UK) Secretary of State for Trade and Industry, Kemi Badenoch, announced the extension of steel safeguard measures on all 15 product categories until 30 June 2026. This decision, which follows a recommendation by the UK Trade Remedies...
Abandonment of BHP’s Takeover Offer on Anglo American
Recently, Australian multinational mining company BHP decided to abandon its bid to acquire London and Johannesburg-listed Anglo American, after the latter rejected the latest proposal. This development marks the end of a series of takeover attempts that saw BHP...
Analysis of the Stainless Steel Market in China: Import and Export Trends in 2023
The stainless steel industry in China is going through a period of mixed dynamics, characterized by significant fluctuations in both imports and exports. In the month of May 2023, the market showed trends reflecting changes both on a monthly and annual basis, offering...
The Review of Safeguard Measures and the Future of the Steel Industry in the EU.
The European Commission's (EC) recent decision to extend safeguard measures on steel imports until 2026 has raised significant concern among steel users and processors in the European Union (EU). In particular, Italian trade association Assofermet has expressed strong...