Tag #Steel

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es.euronews.com

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Feb 10, 16:11

Trump Imposes 25% Tariffs on Steel and Aluminum Imports

President Trump announced 25% tariffs on all steel and aluminum imports to the U.S., impacting major exporters like Spain (€384 million in combined steel and aluminum exports to the U.S. in 2024), prompting market declines and fears of a global trade war.

Trump Imposes 25% Tariffs on Steel and Aluminum Imports

President Trump announced 25% tariffs on all steel and aluminum imports to the U.S., impacting major exporters like Spain (€384 million in combined steel and aluminum exports to the U.S. in 2024), prompting market declines and fears of a global trade war.

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What are the immediate economic consequences of Trump's newly imposed tariffs on steel and aluminum imports for key U.S. trading partners, such as Spain?

President Trump announced 25% tariffs on all steel and aluminum imports into the U.S., including those from Canada and Mexico. This impacts Spain, the tenth largest exporter of steel to the U.S., having sent 290,000 tons valued at €255 million in the past 11 months. Spanish aluminum exports to the U.S. also totaled €129 million in 2024.

lexpress.fr

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Feb 10, 19:08

Trump Announces New Steel and Aluminum Tariffs

President Donald Trump announced 25% tariffs on steel and aluminum imports to the US, starting this Monday, significantly impacting Canada, its main supplier, and other major suppliers such as Brazil, Mexico, and South Korea, prompting global economic concerns and retaliatory threats.

Trump Announces New Steel and Aluminum Tariffs

President Donald Trump announced 25% tariffs on steel and aluminum imports to the US, starting this Monday, significantly impacting Canada, its main supplier, and other major suppliers such as Brazil, Mexico, and South Korea, prompting global economic concerns and retaliatory threats.

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What are the immediate economic consequences of President Trump's newly announced tariffs on steel and aluminum imports?

President Donald Trump announced 25% tariffs on steel and aluminum imports to the US, significantly impacting Canada, its primary supplier. This action also affects other major suppliers like Brazil, Mexico, and South Korea, prompting concerns from industries worldwide.

elmundo.es

🌐 75% Global Worthiness

Feb 10, 22:07

European Markets Calm Despite Trump's New Tariffs"

Despite President Trump's announcement of new 25% tariffs on steel and aluminum, European markets saw a calm session; the IBEX 35 closed up 0.16%, while Acerinox rose 3.76% due to its US production, contrasting with ArcelorMittal's 0.58% drop due to uncertainty and Tubos Reunidos' potential negative...

European Markets Calm Despite Trump's New Tariffs"

Despite President Trump's announcement of new 25% tariffs on steel and aluminum, European markets saw a calm session; the IBEX 35 closed up 0.16%, while Acerinox rose 3.76% due to its US production, contrasting with ArcelorMittal's 0.58% drop due to uncertainty and Tubos Reunidos' potential negative...

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What was the immediate market reaction in Europe to Trump's new steel and aluminum tariffs, and what factors explain this response?

Despite President Trump's announcement of new 25% tariffs on steel and aluminum, European markets, including the IBEX 35, experienced a calm session, with the IBEX 35 closing up 0.16% at 12,708.8 points. This contrasts with initial expectations of market declines. Several companies, such as Acerinox (up 3.76%) and Indra (up 2.11%), saw significant gains.",

forbes.com

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Jan 29, 04:10

Global Coking Coal Market Rebalances, Creating Investment Opportunity

Declining Chinese demand for coking coal, a key steelmaking material, is creating a market opportunity as India and the U.S. increase steel production, leading investment banks to predict a significant price rebound and recommend buying stocks like Coronado Global Resources.

Global Coking Coal Market Rebalances, Creating Investment Opportunity

Declining Chinese demand for coking coal, a key steelmaking material, is creating a market opportunity as India and the U.S. increase steel production, leading investment banks to predict a significant price rebound and recommend buying stocks like Coronado Global Resources.

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What is the primary driver of the expected recovery in coking coal prices, and what are the immediate implications for investors?

The declining demand for steel-making coal in China, coupled with increased demand in India and the U.S., is creating a market opportunity for investors. Coronado Global Resources, a coal mining company, is expected to benefit significantly from this shift, with investment banks forecasting substantial share price increases.

europe.chinadaily.com.cn

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Jan 22, 04:12

China's Steel Demand to Remain Highest Globally in 2025 Despite Dip

Despite a projected slight dip in overall steel demand, China is expected to remain the world's top steel producer and consumer in 2025, driven by rising demand for high-quality special steel from sectors such as new energy vehicles, household appliances, and shipbuilding, according to the China Iro...

China's Steel Demand to Remain Highest Globally in 2025 Despite Dip

Despite a projected slight dip in overall steel demand, China is expected to remain the world's top steel producer and consumer in 2025, driven by rising demand for high-quality special steel from sectors such as new energy vehicles, household appliances, and shipbuilding, according to the China Iro...

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What are the key factors influencing China's steel demand in 2025 and beyond?

China's steel consumption, while declining, is expected to remain the world's highest in 2025, driven by rising demand from sectors like new energy vehicles and shipbuilding. This demand shift towards high-quality special steel is crucial for the industry's future.

zeit.de

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Dec 29, 19:08

Brandenburg Monitors Bridges After Dresden Collapse

Three Brandenburg bridges, built with Hennigsdorf steel, are under close surveillance due to potential collapse, mirroring concerns raised by the Dresden Carola Bridge collapse. Authorities are installing monitoring systems and implementing weight restrictions.

Brandenburg Monitors Bridges After Dresden Collapse

Three Brandenburg bridges, built with Hennigsdorf steel, are under close surveillance due to potential collapse, mirroring concerns raised by the Dresden Carola Bridge collapse. Authorities are installing monitoring systems and implementing weight restrictions.

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What immediate actions are being taken in Brandenburg to address the potential collapse of bridges built with Hennigsdorf steel?

Three bridges in Brandenburg are under constant monitoring due to potential collapse. They were built using Hennigsdorf steel, a material suspected in the Dresden Carola Bridge collapse. Two of these bridges carry the heavily trafficked B96.

sueddeutsche.de

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Feb 10, 19:08

Trump's New Tariffs Prompt EU Retaliation Plans

Trump announced new tariffs on steel and aluminum imports, prompting a cautious response from the EU, which is prepared to retaliate with pre-established counter-measures, unlike in 2018, aiming to protect European businesses and consumers.

Trump's New Tariffs Prompt EU Retaliation Plans

Trump announced new tariffs on steel and aluminum imports, prompting a cautious response from the EU, which is prepared to retaliate with pre-established counter-measures, unlike in 2018, aiming to protect European businesses and consumers.

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What immediate actions and impacts resulted from Trump's announcement of new tariffs on steel and aluminum imports?

The EU Commission responded cautiously to Trump's new tariffs on steel and aluminum, stating they are illegal and counterproductive, and vowing to protect European businesses. Chancellor Scholz echoed this, warning of retaliatory tariffs and promising a thorough EU review.

fr.euronews.com

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Feb 10, 22:07

EU Threatens Retaliation Against Potential US Tariffs on Steel and Aluminum

The EU threatens retaliation against potential US tariffs on aluminum and steel, citing illegality and economic counterproductivity; previous similar disputes resulted in retaliatory tariffs on both sides, highlighting the deep economic integration between the EU and the US.

EU Threatens Retaliation Against Potential US Tariffs on Steel and Aluminum

The EU threatens retaliation against potential US tariffs on aluminum and steel, citing illegality and economic counterproductivity; previous similar disputes resulted in retaliatory tariffs on both sides, highlighting the deep economic integration between the EU and the US.

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What is the EU's response to President Trump's potential tariffs on aluminum and steel?

The EU declared it is prepared to defend its interests against what it considers illegal and economically counterproductive tariffs on aluminum and steel if they are confirmed by the US. The EU asserts that imposing such tariffs would be unlawful and would negatively impact integrated production chains between the EU and the US. This follows President Trump's announcement of potential 25% tariffs on all steel and aluminum entering the US.

europe.chinadaily.com.cn

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Feb 1, 16:07

Chinese Steelmaker Tiangang Achieves Significant Carbon Emission Reduction

Tiangang, a Chinese steel manufacturer, is significantly reducing carbon emissions through innovative energy solutions like hydrogen fuel, waste heat recovery, and a 100-megawatt power generation facility converting blast furnace gas into electricity, resulting in a 657,900-ton annual emission reduc...

Chinese Steelmaker Tiangang Achieves Significant Carbon Emission Reduction

Tiangang, a Chinese steel manufacturer, is significantly reducing carbon emissions through innovative energy solutions like hydrogen fuel, waste heat recovery, and a 100-megawatt power generation facility converting blast furnace gas into electricity, resulting in a 657,900-ton annual emission reduc...

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How is Tiangang's innovative approach to carbon emission reduction impacting China's national carbon neutrality goals, and what are the immediate consequences of its success?

Tiangang, a Chinese steel manufacturer, has significantly reduced its carbon emissions through various initiatives, including using hydrogen fuel for trucks, capturing residual heat for building warmth, and employing energy-efficient lighting. A new 100-megawatt power generation facility converts blast furnace gas into electricity, meeting one-third of the plant's power demand and reducing emissions by 657,900 tons annually.

africa.chinadaily.com.cn

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Jan 22, 04:12

China's Steel Industry: Navigating Decline Amidst Continued Global Dominance

China is expected to remain the world's largest steel producer and consumer in 2025, driven by increased demand from new energy vehicles, household appliances, and shipbuilding, despite a projected overall decrease in demand; however, the decline is expected to slow. The country is facing challenges...

China's Steel Industry: Navigating Decline Amidst Continued Global Dominance

China is expected to remain the world's largest steel producer and consumer in 2025, driven by increased demand from new energy vehicles, household appliances, and shipbuilding, despite a projected overall decrease in demand; however, the decline is expected to slow. The country is facing challenges...

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How are government policies attempting to mitigate the decline in steel demand and what sectors are they prioritizing?

Despite an overall decrease in steel demand, China's continued dominance in steel production and consumption stems from strategic policy shifts promoting domestic consumption (e.g., consumer goods trade-in programs) and growth in specific high-value sectors (new energy, shipbuilding). This targeted approach counteracts the broader market slowdown.

kathimerini.gr

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Jan 14, 19:10

Ukraine Halts Coking Coal Production Amidst Russian Advance

Due to escalating security threats from advancing Russian forces, Metinvest suspended operations at Ukraine's only coking coal mine near Pokrovsk on Tuesday, jeopardizing the nation's steel production and potentially reducing output from 7.6 million tons in 2024 to 2-3 million tons in 2025.

Ukraine Halts Coking Coal Production Amidst Russian Advance

Due to escalating security threats from advancing Russian forces, Metinvest suspended operations at Ukraine's only coking coal mine near Pokrovsk on Tuesday, jeopardizing the nation's steel production and potentially reducing output from 7.6 million tons in 2024 to 2-3 million tons in 2025.

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How is Metinvest attempting to mitigate the effects of the Pokrovsk mine closure on steel production?

The shutdown of the Pokrovsk mine highlights the devastating impact of the ongoing war on Ukraine's economy. The mine's proximity to the frontlines (2km) makes it increasingly vulnerable, forcing Metinvest to rely on increased imports and existing stockpiles to mitigate production shortfalls. This situation underscores the interconnectedness of military conflict and economic stability.

dw.com

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Dec 10, 22:09

Steel's Climate Conundrum: Decarbonizing a Crucial Industry

The steel industry, responsible for 7-9% of global greenhouse gas emissions, faces increasing pressure to decarbonize amid rising demand. Technological solutions include green hydrogen-based production and carbon capture and storage, but both require significant investments and policy support. Incre...

Steel's Climate Conundrum: Decarbonizing a Crucial Industry

The steel industry, responsible for 7-9% of global greenhouse gas emissions, faces increasing pressure to decarbonize amid rising demand. Technological solutions include green hydrogen-based production and carbon capture and storage, but both require significant investments and policy support. Incre...

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What are the most significant environmental impacts of steel production and how urgently must they be addressed, given rising steel demand?

The steel industry accounts for 7-9% of global greenhouse gas emissions, significantly contributing to climate change. Current steel production methods rely heavily on coal, a polluting fossil fuel, making the industry a major climate concern. The high demand for steel, projected to rise by one-third by 2050, necessitates urgent action to decarbonize the sector.

Showing 157 to 168 of 172 results