Category: World
Follow global headlines and understand the forces shaping today’s world stage.
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EU to Negotiate with US on Steel Imports Quotas
EU and US to negotiate steel import quotas, aiming to ease tariffs and protect European steel industry interests. -
ArcelorMittal Earnings Rise Despite Section 232 Tariff Pressure
ArcelorMittal posts $1B Q2 profit, boosted by Calvert acquisition, despite higher Section 232 tariffs and weak demand. -
Trump Copper Tariff Includes Copper Scrap Export Controls
Trump’s copper tariff targets imports and hints at export limits on high-quality copper scrap to bolster U.S. supply. -
Austria Steel Production Drops 14.3% in June Amid Energy Cost Pressures
Austria’s steel production declined 14.3% in June 2025, as high energy costs pressure competitiveness and EU demand falls. -
Iron Ore Prices Surge Over 10% Amid China’s Infrastructure Boost
Iron ore prices rise over 10% in July as China’s infrastructure projects drive market optimism and steel production… -
US Copper Tariff Opens Arbitrage Window Amid Supply Chain Challenges
US copper tariff sparks arbitrage and tests supply chain; self-sufficiency may take 10 years despite price surge. -
Peru Mulls Green Light for $6 Billion in Mining Projects
Peru considers approving $6 billion in mining projects amid protests and political instability. -
South32 Resumes Manganese Exports from Gemco Mine
South32 resumes manganese exports from Gemco mine, signaling a production recovery after Cyclone Megan’s disruption. -
Chinese Steelmakers Boost Profitability Amid Capacity Cuts
Chinese steelmakers profit rebounds 14-fold in H1 2025 due to capacity cuts and softer raw material costs. -
European HRC Market Stagnates Amid Import Pressure and CBAM Concerns
European HRC prices drop 2–6% in July due to weak demand, cheap Asian imports, and looming CBAM regulations.
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