Loading
EU extends safeguard measures until 2026
The European Union (EU) has notified the World Trade Organisation (WTO) that the safeguard measures on steel will be extended for another two years, affecting access to residual tariff quotas (TRQs) for hot-rolled coils and wire rod, in particular. The proposed...
India’s steel industry under pressure: increased US duties could boost Chinese imports
The Indian steel industry is currently under stress. Already strained by cheap steel imports, the country is now even more worried about a surge in Chinese imports following the imposition of new duties on Chinese steel by US President Joe Biden. Besides the US, India...
Macron and Trudeau: Diplomacy Behind the Scenes for Russian Titanium
The aerospace industry witnessed a dramatic turn of events when French President Emmanuel Macron personally intervened to convince Canadian Prime Minister Justin Trudeau to grant Airbus and other aerospace companies relief from sanctions on Russian titanium. This...
Drop in Recycled Steel Use in 2023 – BIR 2024
Despite the increase in steel production, the use of "recycled steel" declined significantly in 2023. According to the Bureau of International Recycling (BIR), consumption decreased by 12 percent in major steel producing countries. This decline occurred despite a...