Category: Issue
Explore the latest global current issues impacting our world today. Stay informed about critical developments and changes worldwide.
Germany Steel Production Decline in 2025
Germany’s steel production dropped 15.4% in June 2025 amid energy costs and weak demand, hitting recession-level lows.
EU Steel Import Safeguard Consultation Sparks Debate on Future Trade Defense
EU opens consultation on steel safeguards, aiming to defend its industry from global oversupply and tariff disruptions.
US Copper Tariff Announcement Fuels COMEX Copper Price Volatility
COMEX copper surged to a record as the US considers a 50% tariff on copper imports, sparking global market volatility.
Liberty Steel Exit from Belgium and Luxembourg Signals Industry Shift
Liberty Steel’s Belgium and Luxembourg plants face closure amid EU import quotas blocking new investors.
Malaysia Tackles Scrap Export Duty Evasion to Protect Steel Industry
Malaysia launches nationwide operation to curb scrap export duty evasion, safeguarding steel supply and boosting market…
UK Steel Import Market Reacts to New Trade Defence Measures
UK steel importers face stricter quotas and tariffs, prompting market disruption and rising concerns over supply and…
Tariff Uncertainty Weighs on Tomra’s Recycling Equipment Market
Tomra faces slowed orders in Q2 2025 as tariff concerns delay recycling sector investments.
Recycled Steel Market Price Stability Expected to Continue into Q3 2025
Recycled steel prices remain stable worldwide as traders expect range-bound movement into Q3 2025.
US Remains Top Consumer of EU Automotive Industry Exports in 2023
The US accounted for 20% of EU automotive export value in 2023, remaining the sector’s most vital foreign market.
US Steel Tariffs Cost Mills $39 Million in May Amid Rising Import Costs
US steel tariffs cost mills $39M in May, pushing import prices higher and reshaping supply chains amid trade tensions.
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