Government/Policy
March 25, 2025
Written by Ethan Bernard
The European Commission is stiffening its grip over the amount of tariff-free foreign steel that can enter the EU.
The EC has reduced the “liberalization rate” from 1% to 0.1%, thus curbing the increase in the quantity of steel that can be imported tariff-free into the trading bloc.
Canadian Prime Minister Mark Carney has threatened legal action against Cleveland-Cliffs over the layoffs announced earlier this week at its Stelco mill in Hamilton, Ontario.
Steel trade groups applauded the US Trade Representative’s (USTR's) unveiling of "The Milwaukee Framework" to fight global excess steel capacity.
The Commerce Department has made its preliminary findings in the anti-dumping portion of the trade case investigating large-diameter graphite electrodes (LDGE) from China and India. The agency found that LDGEs from both countries are being, or are likely to be, sold in the US at less-than-fair-value.
The US Department of Commerce has determined that the anti-dumping duty (AD) suspension agreement on cut-to-length plate imports from Ukraine should not be sunset.
The result comes after Mexico’s Ministry of Economy completed a five-year sunset review of the anti-dumping duty (AD) order on imports of hot-rolled (HR) sheet from Russia and Ukraine.