Nippon Steel and U.S. Steel Get Extended Deadline for Acquisition Amid Legal ChallengesNippon Steel and U.S. Steel's acquisition plan deadline extended to June 18 after legal challenges and Biden's intervention.
White House Divided: Biden Rejects Steel Acquisition Despite Strong Advisory SupportPresident Biden blocked Nippon Steel's acquisition of U.S. Steel despite advisors' concerns about national security and legal repercussions.
U.S. Steel Warns of China’s Growing Power If Nippon Steel Deal Falls ThroughU.S. Steel warns that failing to acquire Nippon Steel could weaken the U.S. steel industry against China, impacting jobs and investments.
Kim Jong Un’s Economic Success Story: North Korea Hits 101.4% of Steel Production TargetsNorth Korea's Rodong Sinmun claims major factories met or exceeded production targets, including steel, power, and machinery sectors.
Canada Hits China Hard: New Tariffs on EVs, Steel, and Aluminum Set to Impact TradeCanada is imposing new tariffs on Chinese EVs, steel, and aluminum, aligning with U.S. and European actions amid trade tensions.
Chinese Steel Exports Drive Iron Ore Prices to New LowsChinese steel companies boost low-cost exports due to domestic demand slowdown, pressuring global markets and iron ore prices.
Trump’s Return Could Crush South Korean Steel Industry: Here’s WhyThe likelihood of Trump's election has increased. This has caused tension in the South Korea's steel industry.
Steel Showdown: U.S. Industry Braces for Surge in Chinese ImportsThere’s growing concern that the supply of low-cost steel from China will intensify. As global trade barriers against Chinese steel rise, analysts predict that China will increase its exports to Southeast Asia, including South Korea. The steel industry is accelerating its response measures, such as filing anti-dumping lawsuits. On the 20th, industry insiders reported that […]
Chile Strikes Back: Imposes Anti-Dumping Duties on Chinese SteelThe Chilean government has decided to impose anti-dumping duties of up to 33.5% on two types of Chinese steel products that the domestic market with the prices. This comes amid a global trend of countering Chinese products, as evidenced by the U.S. government’s announcement on the 17th to raise tariffs on Chinese steel and aluminum […]
Chile Takes a Stand: Slaps Up to 33.5% Tariff on Chinese SteelChinese steel exports to Central and South America have increased by 88 times in comparison to the year 2000 The Chilean government has decided to impose anti-dumping duties of up to 33.5% on cheap Chinese steel subsidized by the Chinese government. The Chilean Anti-Competitive Market Distortions Office for the Prevention of Price Distortions announced on the […]
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