New green steel firms could reap rewards as EU carbon tariffs ... ghg steel thailand tradeMon, 18 Nov 2024 00:00:00 GMTOn Thailands eastern coast, plans are underway to build an electric arc furnace that will deliver green steel to Europe and benefit from contentious new rules that will force buyers to pay tariffs on high-carbon imports. Governments and industry associations in Asia have lobbied ferociously against Europes Carbon Border Adjustment Mechanism (CBAM) and it could cast a shadow over COP29 climate talks in Baku, Azerbaijan, next week, with China and others calling for an end to green trade
https://www.hellenicshippingnews.com/new-green-steel-firms-could-reap-rewards-as-eu-carbon-tariffs-loom/
China steelmakers gird for indirect Trump tariffs hit politics steel usaMon, 11 Nov 2024 00:00:00 GMTChinas steel industry, already struggling with overcapacity and weak domestic demand, faces an indirect hit if U.S. President-elect Donald Trump pursues 60% tariffs on Chinese goods such as manufactured items made from the alloy. The worlds largest steel producer and exporter has so far in 2024 shipped more than last years 90.26 million metric tons, worth $85 billion, fueling trade friction with countries ranging from Indonesia and Turkey to the U.S. While less than 1% of Chinas direct
https://www.hellenicshippingnews.com/china-steelmakers-gird-for-indirect-trump-tariffs-hit/
Steel ministry backs industry's demand to raise tariffs india steel tradeWed, 04 Sep 2024 00:00:00 GMTSteel minister plans to persuade the finance ministry to increase tariffs on steel imports to protect domestic mills from cheaper imports, mainly from China. India became a net steel importer in the last fiscal year, with China being the top exporter. The government is also investigating anti-dumping measures on certain steel products from
https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/steel-ministry-backs-industrys-demand-to-raise-tariffs/articleshow/113057539.cms
Companies make last ditch effort to thwart Chinese tariffs steel trade usaThu, 11 Jul 2024 09:00:00 GMTDespite some pleas denouncing tariffs, the White House plans to move forward with increased tariffs on Chinese steel and metal fabricating equipment as well as addressing the problem of Mexican-fabricated products made of Chinese steel crossing the U.S.
https://www.thefabricator.com/thefabricator/blog/metalsmaterials/companies-make-last-ditch-effort-to-thwart-chinese-tariffs
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