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Photo – The situation around Taiwan undermined US plans for tariffs on Chinese goods
The situation around Taiwan undermined US plans for tariffs on Chinese goods

Officials in Joe Biden's administration are weighing whether to eliminate some tariffs on Chinese goods or, conversely, impose others

Photo – The USA allocated $4.5 billion for Ukraine to cover the state budget deficit
The USA allocated $4.5 billion for Ukraine to cover the state budget deficit

The government of Ukraine will receive the first tranche of $3 billion in August

Photo – US steelmakers plan to increase production of rolled products by the end of the year – Argus
US steelmakers plan to increase production of rolled products by the end of the year – Argus

The four largest steel producers in the United States expect stabilization or growth in demand in the second half of the year

Photo – Chinese drills around Taiwan could disrupt global supply chains
Chinese drills around Taiwan could disrupt global supply chains

Military exercises are taking place along the busiest sea routes on the planet

Photo – USA in January-June increased steel imports by 14%
USA in January-June increased steel imports by 14%

Imports of finished products increased by 34.7% in six months

Photo – G7 to direct revenues from raising tariffs on Russian goods to Ukraine
G7 to direct revenues from raising tariffs on Russian goods to Ukraine

United States to increase tariffs on 570 groups of Russian goods worth $2.3 billion

Photo – Biden signed the one-year abolition of the 25% duty on Ukraine-made steel
Biden signed the one-year abolition of the 25% duty on Ukraine-made steel

The United Kingdom, the European Union and Canada took similar measures earlier

Photo – US Senate approves $40 billion aid for Ukraine
US Senate approves $40 billion aid for Ukraine

Of this money, $8.8 billion is for direct economic assistance

Photo – Centravis to increase sales in the United States after the tariffs suspended
Centravis to increase sales in the United States after the tariffs suspended

The company also records improvements in the supply of billets

Photo – Metinvest considers billets and pipes exports to the USA
Metinvest considers billets and pipes exports to the USA

Also, with favorable market conditions, the company may supply wire rod and rebar to the US

Photo – United States suspends steel tariffs for Ukraine for a year
United States suspends steel tariffs for Ukraine for a year

The decision is political in first place

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