Strasbourg - European Parliament has voted to extend the suspension of import duties and quotas on select goods from Ukraine, including iron and steel, beyond the current expiration date of June 5, 2025.
Brussels - The event will bring together senior figures from across the European and global steel value chain to reflect on market developments and discuss future strategies.
Milan - Assofermet emphasizes that the core challenge facing the steel sector is the persistent weakness in EU steel consumption—particularly among end-use sectors.
Milan - While significant strides have been made, participants acknowledged that economic pressures and geopolitical uncertainties are complicating the path forward.
London/Washington - Under the agreement, the U.S. will reduce tariffs on British car exports from 27.5% to 10% for up to 100,000 vehicles annually. Steel and aluminum tariffs, previously set at 25%, will be eliminated entirely.