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New EU sanctions on Russia worry British manufacturers
New EU sanctions against Russia could have a significant impact on British downstream producers who source steel around the world. For this reason, legislation needs to be urgently studied, warns the Confederation of British Metalforming (CBM). The new rules, which...
EU recyclers warn against critical raw materials law
European recyclers' association EuRic issued a note of concern on a report submitted to the European Parliament on critical raw materials (CRM). The report was drafted by the Parliamentary Committee on Industry, Research and Energy (ICRE) and EuRic welcomed the...
Steel: EU flat product manufacturers should reduce production to balance supply and demand
Further reductions in EU production capacity are expected in the fourth quarter of 2023, as steel mills seek to rebalance oversupply in the hot-rolled steel (HRC) market. European flat steel prices have been pressured in recent weeks by a lack of demand, with buyers...
Aluminum: monitoring imports from Mexico and duty exclusions are among top U.S. industry trade priorities
High levels of aluminum imports entering Mexico and being sold in the United States and the limits of the U.S. Section 232 tariff exclusion process are among the top trade concerns for the domestic aluminum industry. The Aluminum Association and the Mexican Aluminum...