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US - Latest Articles GMK Center

Photo – Turkiye’s Borusan Mannesmann wins Section 232 lawsuit against US
Turkiye’s Borusan Mannesmann wins Section 232 lawsuit against US

The company received $48.9 million from the United States customs authorities

Photo – US steel producers do not express concern about CBAM
US steel producers do not express concern about CBAM

At the same time, analysts believe that decarbonization efforts should be global

Photo – How Western sanctions affect Russian steel trade
How Western sanctions affect Russian steel trade

The European market remained open for raw materials from the Russian Federation, the USA introduced minimal bans

Photo – US appeals WTO decision against steel tariffs
US appeals WTO decision against steel tariffs

In December 2022, the WTO recognized the US tariffs on steel and aluminum as unjustified

Photo – Inconsistency in EU and US approaches will affect global climate efforts
Inconsistency in EU and US approaches will affect global climate efforts

The EU reached a preliminary agreement on CBAM in December 2022

Photo – The USA reduced steel imports by 2% y/y in 2022
The USA reduced steel imports by 2% y/y in 2022

The import of finished steel products in the USA for the year increased by 10.9% y/y

Photo – The US Department of Commerce has ordered a review of NLMK’s slab import requests
The US Department of Commerce has ordered a review of NLMK’s slab import requests

The agency should review the rejection of 58 requests for exemption from steel import duties

Photo – European HRC producers are aiming for further price increases
European HRC producers are aiming for further price increases

The trends in the Chinese HRC market will be determined after the holiday period

Photo – What will be the dynamics of the world economy in 2023
What will be the dynamics of the world economy in 2023

Analysts expect that in 2023 the economies of Asian countries will grow, while the USA and the Eurozone are threatened with recession

Photo – The USA reduced steel imports by 17% m/m in November 2022
The USA reduced steel imports by 17% m/m in November 2022

Imports of finished steel products in the USA for the month fell by 10.7% m/m

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