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Steel market

Image of Yuriy Ryzhenkov speaking at a press conference, with a backdrop of Metinvest branding and EU flags.
EU Tariffs Threaten Ukraine's War-Torn Steel Industry: CEO Urges Exemption
The CEO of Metinvest urges the EU to exempt Ukraine's steel industry from tariffs crucial for its survival amid war. With a significant drop in export volume due to EU import caps, Ukraine's steel sector faces a severe crisis. >>
Damaged Ukrainian steel plant with inactive machinery and debris, symbolizing the conflict's impact on production capacity.
Ukraine Steel Crisis: Mill Shutdowns & Port Closures Redefine Market Dynamics
The Ukraine steel crisis, fueled by conflict, has slashed production by over 65%, boosting imports from China and Turkey. As Ukrainian mills remain inactive, these nations dominate market supply. >>
Graph showing U.S. hot-rolled coil steel price surge to $1,255 per ton after Trump's tariffs, highest since May 2022, with upward trend.
Steel Prices Soar 52% in a Year Due to Trump Tariffs
Steel prices in the U.S. have skyrocketed 52% due to Trump tariffs, benefiting domestic producers but burdening manufacturers. Import limitations and maintenance cuts may lead to further price hikes. >>
Image of a large shipyard in Philadelphia with cranes and construction activity, showcasing efforts to revitalize U.S. manufacturing.
Trump's Industrial Vision: Can It Survive the Steel and Shipyard Challenges?
Trump's initiatives to revitalize U.S. manufacturing face skepticism, with a $5 billion shipyard project in Philadelphia and a costly steel mill in Iowa raising concerns about feasibility and customer base. >>
Christian Ehler speaking at a podium in the European Parliament, with EPP members discussing industrial law in the background.
EU Industrial Act Revamps Emissions Criteria, Drops EU-Origin Steel Requirement
The EU Industrial Act faces rejection from the EPP, prompting fears of trade wars and calls for improvement rather than dismissal. Critics argue the act neglects competitiveness and risks violating trade agreements. >>
Metinvest Group board members in a meeting discussing the closure of a steel plant project in Piombino, Italy.
Metinvest May Exit Italian Green Steel Mill Project in Piombino Following Russian Strikes
Metinvest may exit its €3 billion green steel mill project in Piombino, Italy, due to financial strain from Russian attacks on its Ukrainian facilities, and is exploring selling its stake in Metinvest Adria. >>
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