The US gets most of its imported steel from Canada, Brazil, Mexico and South Korea. China, despite being the world’s largest steel producer and exporter, accounted for less than 2 per cent of US steel ...
Turkey upped its steel exports by 27.6% y/y in 2024 to 13.4mn tonnes, according to the Turkish Steel Association (TCUD). Growth was driven by shipments to the European Union (5.9mn tonnes, up 64.6% ...
President Donald Trump on Feb. 10 removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%.
Rising imports of steel have been the biggest worry among domestic steelmakers over the past year. Inbound steel shipments grew 22% in 2024 to 9.2 million tonnes led by a surge in imports from ...