EU will solve the steel problem in the USA by the end of the year

According to the European Commission Vice President Vera Jourova's statement, it was stated that the European Commission aims to reach an agreement with the USA on steel and aluminum by the end of the year in order to definitively end the customs duties imposed by the USA on metals.

10.11.2023 - 08:30 Last Update : 10.11.2023 - 10:09

EU will solve the steel problem in the USA by the end of the year

Previously, Biden suspended the customs duties imposed by former USA President Donald Trump on steel and aluminum in the EU in 2018, on the condition that an agreement was reached by the end of October.

The summit, held on October 20, failed to reach a conclusion on measures to address overcapacity in non-market economies and promote green steel.

Iron and Steel Markets

EU will solve the steel problem in the USA by the end of the year

According to the European Commission Vice President Vera Jourova's statement, it was stated that the European Commission aims to reach an agreement with the USA on steel and aluminum by the end of the year in order to definitively end the customs duties imposed by the USA on metals.

Comments

Only +plus subscribers can access this content.

Most read news

Sims Limited and Alter Steel join forces for Queensland's clean steel vision

Steel prices in the Middle East shaped by production and demand dynamics

Iran's steel sector is struggling with an energy crisis: uninterrupted production in only one month out of 12

BlueScope-led consortium considers takeover of Australia's Whyalla steel mill

Japan Steel Works announced growth above expectations in the first quarter of fiscal 2026

Follow List

Your watch list is empty

There are no news categories you follow

Global Iron and Steel Exchanges

1 Month Future

2 Month Future

3 Month Future

1 Month Future

2 Month Future

3 Month Future

1 Month Future

2 Month Future

3 Month Future