NEWS&CASES
ArcelorMittal to close warehouse in Germany due to falling demandThe company intends to completely shut down the Olpe warehouse by the middle of next year
- EU to consider extending restrictions on steel imports – Sejourne
European steel industry needs protection during decarbonization
- Turkey reduced steel production by 3% m/m in October
In January-October, production increased by 12.4% y/y
- The US will extend the anti-dumping duty on hot-rolled steel from Ukraine
In general, tariffs on these products from six countries have been extended
- US increases import duties on Nippon Steel hot-rolled steel
At the same time, Nippon Steel promises American trade unions not to import slabs from foreign factories to the US
- US President calls for increased duties on steel and aluminum from China
This move will affect a small segment of the American market