Shares of U.S. Steel dipped after a Nippon Steel executive told the Japanese Nikkei newspaper that its planned takeover of the company required "a degree of management freedom" to go ahead, even as sources…
The Canadian government will soon announce measures to combat steel dumping from abroad and help local steelmakers affected by US tariffs. This was stated by Industry Minister Melanie Joly, Bloomberg…
The American steel company Nucor has announced an increase in the weekly spot price (CSP) for hot rolled coil (HRC). Offers for the week of June 9-15, 2025 increased by 2.3% or $20/t compared to the previous…
Century Aluminum, the largest primary aluminium producer in the U.S., and top recycler Matalco will be among the big winners from President Donald Trump's higher tariffs on imports of the metal as domestic…
At the beginning of June 2025, the global scrap market demonstrates overwhelming price stability after mixed dynamics in May. Despite some signs of localized growth, particularly in Italy, the overall…
In May 2025, the hot-rolled coil market in Europe, the US and China showed a general downward trend in prices. In Europe, the decline was driven by weak demand and pressure from cheaper imports, especially…
At least 20 steelmakers in Brazil suspended operations for 12 hours on Tuesday in a coordinated protest aimed at pressuring the government to implement urgent support measures for the domestic steel industry,…
Alarm over China's stranglehold on critical minerals grew on Tuesday as global automakers joined their U.S. counterparts to complain that restrictions by China on exports of rare earth alloys, mixtures…
U.S. President Donald Trump plans to double tariffs on steel and aluminium imports to 50% from Wednesday, stepping up pressure on global steel producers and deepening his trade war.
A single deep-sea scrap deal was heard from Germany on Tuesday at $343/tonne cfr Türkiye for 13,000 tonnes of HMS 1&2 80:20, and at $363/t cfr for 7,000t of shredded and 6,000t of bonus grade material.…
The European Commission is discussing with the United States possible cooperation in sectors such as aerospace, steel, semiconductors and critical minerals, European Trade Commissioner Maros Sefcovic…
Gold imports to Switzerland from the United States jumped to the highest monthly level since at least 2012 in April after the exclusion of precious metals from U.S. import tariffs, Swiss customs data…