MEPS International is poised to share insight into a steel market “at a turning point” with an expanded presence at the annual UK Metals Expo 2025, next month.
MEPS’s steelmaking capacity round-up detailed AcelorMittal’s delayed decarbonisation projects in Germany and trade defence developments in the United Kingdom, EU and Taiwan, this month.
Stainless steel importers in the United States do not believe that the August 1 deadline for international trade negotiations will end market uncertainty or ease their supply issues.
An unchanged 50% tariff on steel and 15% tariffs on steel-intensive products shipped to the United States mean that the new EU-US trade deal will place a “huge burden” on Europe’s steel industry, Eurofer claims.
Acquisition offers for Liberty Steel’s Dudelange (Luxembourg) and Ostrava (Czechia) operations appear likely to end a prolonged period of uncertainty about their future.
The sinking of two cargo vessels in the Red Sea ended steel importers’ earlier hopes that the busy shipping route’s return to normal service would reduce steel transport costs this summer.
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