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US Steel Production Rising: Output And Capacity Utilization Recover
Domestic raw steel production in the United States reached 1,817,000 net tons in the week ended Saturday February 21, with a capacity utilization rate of 78.5%, according to data released by the American Iron and Steel Institute (AISI). The figure confirms a positive...
Global Tariffs Raised To 15% But Critical Minerals Exempted In The United States
The United States is preparing to implement a new temporary global tariff, announced by President Donald Trump and set to take effect on Tuesday February 24. However, in a key move for America’s strategic industry, imports of critical minerals will be exempt from the...
European Hot-Rolled Coil Prices Rise Amid Long Lead Times And Weak Imports
European domestic hot-rolled coil (HRC) prices have continued to move higher, supported by extended mill lead times and limited foreign competition. Despite demand described by market participants as cautious and lacking momentum, regional producers have gradually...
Trump Raises Global Tariffs To 15% After Clash With The Supreme Court
President Donald Trump announced a further tightening of US trade policy, declaring an increase in global tariffs from 10% to 15%, just one day after an adverse ruling by the Supreme Court. The Court ruled, in a 6-3 decision, that the administration had exceeded its...