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Steel and Aluminum in China: Resilience to US Tariffs and Outlook for 2025
Despite the 25% tariffs imposed by the United States, China’s steel and aluminum market has demonstrated remarkable adaptability. The measure, originally introduced by the administration of Donald Trump, does not appear to have had a significant impact on Chinese...
Europe’s Steel and Aluminum Crisis: Between U.S. Duties, Global Overcapacity and Falling Production
The U.S. decision to impose an additional 25 percent duty on steel and aluminum imports from the European Union has triggered concerned reactions from European institutions and industry representatives. European Commission President Ursula von der Leyen expressed her...
Aluminum Can Recycling in Europe: Total Volume Grows, but Percentage Rate Drops Slightly
According to the latest report published by Metal Packaging Europe and European Aluminium, the total recycling rate of aluminum beverage cans in the European Union, the United Kingdom, Switzerland, Norway and Iceland reached 75 percent (74.6 percent) in 2022. Although...
Trump’s Trade Tightening: Duties, De Minimis and Global Market Impacts
U.S. President Donald Trump signed an executive order on Feb. 1, imposing a 10 percent duty on all imports from China and revoking the de minimis exemption for low-value goods. However, just four days later, he temporarily reinstated the exemption, allowing U.S....