Tagged Posts for Steel-raw-materials
Exclusive: EC Steel Draft to Slash Quotas, Hike Tariffs
The European Commission’s draft proposal to replace the bloc’s steel safeguard system seeks to revolutionize existing temporary protections into a new permanent law, according to internal Commission documentation seen by McCloskey. Read More
Tariff Talk: Who are Chinese Leaders Meeting With?
Examine China's recent international trade activities, which countries its two main leaders have been meeting with, and how diplomatic priorities have evolved since the election of Donald Trump to a second term. In this edition of Tariff Talk, we look at what themes emerge and discuss what the implications may be for commodities and commodity trade. Read More
ArcelorMittal prepares for S. Africa long steel closure
ArcelorMittal South Africa (AMSA) warned that operational steps would need to be taken soon ahead of the planned September closure of its long steel business, if the government doesn’t provide further emergency support. Read More
S.Africa govt hopes to stop ArcelorMittal plant closure
South Africa's government is scrambling to prevent the closure of ArcelorMittal South Africa's long steel business, which potentially threatens tens of thousands of jobs. The steelmaker last week announced it would shut its long steel business, after a year of talks with the government to turn around the loss-making unit. Read More
ArcelorMittal to shut South Africa long steel business
ArcelorMittal South Africa (AMSA) has decided to close its loss-making long steel business and halt production by the end of the month, threatening thousands of jobs. The decision comes a year after the company first announced plans to place the operations into care and maintenance. This prompted engagements with the government wherein AMSA sought policy intervention to address structural issues affecting the business. Read More