Category: Market
Ørsted Faces Rising Costs from Trump Tariffs on Steel and Aluminum
Ørsted warns that Trump-era tariffs on steel and aluminum are driving up costs for U.S. wind projects, including Revolution…
Metso Unveils Fully Electric Anode Weighing and Casting Machine with Advanced Control System
Metso introduces a fully electric anode casting machine with enhanced safety, precision, and energy efficiency for…
Ukraine Pushes to Extend EU Trade Preferences for Steel Exports
Ukraine is working to extend EU trade preferences through 2025 to protect its steel industry and support economic recovery.
Ukraine Considers Zero Quota on Scrap Metal Exports to Support Domestic Steel Sector
Ukraine is considering a zero quota on scrap exports to support domestic steel production, boost revenues, and prevent…
Tata Steel Announces 1,600 Job Cuts in the Netherlands Amid Restructuring Plan
Tata Steel Nederland (TSN) will cut 1,600 jobs as part of a restructuring aimed at restoring profitability, boosting…
Ukrainian Steelmakers Cut Semi-Finished Product Exports by 35% in Q1 2025
Ukrainian steel exports declined by 34.8% in Q1 2025, mainly due to reduced demand from traditional markets. Poland emerged as…
EU Greenlights Retaliatory Tariffs on U.S. Steel and Aluminum—Talks Still Possible
The EU has approved retaliatory tariffs on U.S. steel and aluminum imports worth €21 billion, citing economic harm and…
China Raises Tariffs on U.S. Goods to 84%
China raises tariffs on U.S. imports to 84%, escalating trade tensions. The new tariffs will take effect on April 10,…
Iron Ore Prices Decline Amid Economic Tensions and Global Tariffs
Iron ore prices are dropping amid global trade tensions and economic uncertainty. Steel mills in China are…
U.S. Slaps 104% Tariffs on Chinese Imports as Trade Tensions Escalate
The U.S. increases tariffs on Chinese imports to 104%, escalating trade tensions and shaking global metals and…
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