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Steel News

EU slaps tariffs on US as trade war erupts

Apo - The European Union slapped revenge tariffs on iconic US products including bourbon, jeans and motorcycles on Friday in its opening salvo in a trade war with President Donald Trump.

EU backs tariffs against US as trade war escalates

Apo - EU countries on Thursday approved a raft of tariffs targeting US goods including whiskey and motorcycles in retaliation against painful duties imposed by President Donald Trump on European metals.

EU approves retaliatory tariffs against US

Apo - EU countries on Thursday approved a raft of retaliatory tariffs, including on whiskey and motorcycles, against painful duties imposed by US President Donald Trump on European metals, sources said.

EU says tit-for-tat tariffs against US ready in July

Apo - The EU on Wednesday said a raft of retaliatory tariffs, including on whiskey and motorcycles, against painful metals duties imposed by the US would be ready as early as July.

No more Mr Nice Guy: Canada's Trudeau gets tough

Ottawa - Canadian Prime Minister Justin Trudeau, who has a reputation for playing it safe on burning political issues, showed a new level of grit in the face of two crises, and it may help him win re-election in 2019.

EU joins global battle against Trump tariff onslaught

Whistler - The EU on Friday launched its first counteroffensive against Washington's punishing steel and aluminum tariffs while the US began meetings in Canada with outraged finance ministers from its top trading partners.

Canada files WTO complaint over 'illegal' US steel tariffs

Ottawa - Canada filed a complaint at the World Trade Organization in response to "illegal" US tariffs on imports of Canadian steel and aluminum, Foreign Minister Chrystia Freeland said Friday.

US action 'risks economic destabilization of the planet': French minister

Whistler - The punishing US metal tariffs which took effect on Friday will reduce growth and kill jobs, posing a danger to the global economy, French Finance Minister Bruno Le Maire said.

EU 'not at war with anyone' on trade: Mogherini

Apo - EU foreign policy chief Federica Mogherini on Friday said the bloc was not in a trade war with anyone but would defend its interests, hours after the US slapped punishing metals tariffs on Europe and other close allies.

EU joins global battle against Trump tariff onslaught

Apo - The EU fired its first riposte against Washington's punishing steel and aluminium tariffs on Friday, joining Canada and Mexico in a brewing global trade war against US protectionism.

US to impose steel, aluminum tariffs on EU, Canada, Mexico

Washington - The United States said Thursday it will impose stiff tariffs on steel and aluminum imports from the European Union, Canada, Mexico, reviving fears of a trade war with angry allies and trading partners.

Macron calls US tariffs an 'illegal' decision

Paris - French President Emmanuel Macron on Thursday said he "deplored" the US move to impose harsh tariffs on steel and aluminium imports from the European Union, declaring it an "illegal" decision.

EU ripostes as Trump kicks off transatlantic trade war

Apo - The EU on Thursday vowed unity and to retaliate swiftly against the Trump administration's harsh tariffs on steel and aluminium imports as Europe blasted Washington's 'America First' protectionism.

US to impose steel, aluminum tariffs on EU, Canada, Mexico

Washington - The United States said Thursday it will impose stiff tariffs on steel and aluminum imports from the European Union, Canada, Mexico, reviving fears of a trade war with angry allies and trading partners.

US to impose steel, aluminum tariffs on EU, Canada, Mexico

Washington - The United States said Thursday it will impose harsh tariffs on steel and aluminum imports from the European Union, Canada, Mexico at midnight (0400 GMT Friday) -- another move sure to anger Washington's trading partners.

EU-US trade tensions at fever pitch as steel deadline looms

Paris - Trade tensions between the European Union and the United States ran high Thursday as the clock was ticking for US steel and aluminium tariffs against European producers to kick in.

India launches WTO challenge over US steel, aluminium tariffs

Geneva - India has opened a World Trade Organization challenge against the steel and aluminium tariffs imposed by the United States, a document circulated to WTO members on Wednesday said.

Trudeau to Trump: Canada will block backdoor steel shipments

Ottawa - Prime Minister Justin Trudeau has assured US President Donald Trump in a telephone call that Canada will block foreign steel and aluminum transshipments to the United States.

US says could deal with S. Korea next week on steel tariffs

Washington - A deal with South Korea resolving differences over steel and aluminum tariffs and revising the bilateral trade pact with the United States could be announced next week, US officials said Friday.

Trump suspends metal tariffs for key US trade partners

Washington - US President Donald Trump on Thursday authorized the suspension of controversial tariffs on steel and aluminum imports from key trade partners including the European Union.

US: EU, 6 other economies exempt from metals tariffs for now

Washington - The European Union and six other economies will be exempt at least temporarily from the harsh steel and aluminum tariffs President Donald Trump has imposed, a top US trade official said Thursday.

IMF chief warns trade war will harm global growth

Paris - The head of the International Monetary Fund warned Wednesday that a trade war US President Donald Trump apparently intends to provoke with tariffs on steel and aluminium would snuff out global growth.

Trump steps up trade threats as Cohn resigns in protest

Washington - White House economic advisor Gary Cohn became the latest casualty of President Donald Trump's tumultuous administration,resigning in protest Tuesday as Trump stepped up his threats of steep tariffs on steel, aluminum and European cars.

Electrolux puts $250 million investment in U.S. plant on hold

Sweden's Electrolux, Europe’s largest home appliance maker, said on Friday it would delay a planned $250 million investment in Tennessee after President Donald Trump announced tariffs on imported aluminum and steel.

Trump: 'Unfair trade' in steel, aluminum decimating US industry

Washington - US President Donald Trump lashed out Thursday at "unfair trade" as he weighs whether to impose tariffs or quotas on cheap steel and aluminum imports that he said are decimating US producers.

Trump: 'Unfair trade' in steel, aluminum decimating US industry

Washington - US President Donald Trump lashed out Thursday at "unfair trade" as he weighs whether to impose tariffs or quotas on cheap steel and aluminum imports that he said are decimating US producers.

China vows to protect interests as US eyes trade sanctions

Bejing - China on Saturday warned it would take necessary measures to protect its interests if the US imposes tough trade sanctions against its steel and aluminium exports.

US eyes heavy tariffs on China, Russia to counter steel, aluminum glut

Washington - The US Commerce Department said Friday it recommended imposing tariffs on China, Russia and other countries to counter a global glut in steel and aluminum which it says threatens national security.

New alloy leads to printing of safe steel products

3D printing has advanced in relation to plastics. With metals, progress has been slower due to technical complexities. A new advancement with the effective and safe 3D printing of steel has been announced.

Super wood material can replace steel

A new process has the potential to transform wood into a material that is as strong as titanium alloys, but one that is also lighter and less expensive.
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Major steel and aluminum producing nations have condemned US President Donald Trump's plan to i...
Major steel and aluminum producing nations have condemned US President Donald Trump's plan to impose tariffs on the industry, as stock markets plunged on fears of an imminent tit-for-tat trade war
Patrick HERTZOG, AFP/File
BARRIER APPROVED: Directors of the Golden Gate Bridge approved construction of a $76 million suicide...
BARRIER APPROVED: Directors of the Golden Gate Bridge approved construction of a $76 million suicide barrier of the iconic span, where hundreds have jumped to their deaths.
RonPaul86/Wikimedia Commons
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U.S. Department of Commerce
China produces about half of the world's steel but supplies less than two percent of the steel ...
China produces about half of the world's steel but supplies less than two percent of the steel imported by the United States
-, AFP/File
Sweden-based SSAB  which has operations around the world  has invested $800 million in its Alabama s...
Sweden-based SSAB, which has operations around the world, has invested $800 million in its Alabama steel mill. The company is moving its U.S. headquarters to Mobile.
© SSAB