The EU Commission on Tuesday said it will present plans to make Europe's ailing steel sector more competitive and to shield it from looming U.S. trade tariffs in the spring.
The European Union is broadening the list of US goods it will target with retaliatory tariffs if US President Donald Trump follows through on his threat to impose duties on steel and aluminum exports,
Steel a focal point of meeting between bloc’s point person on trade and new US commerce secretary plus other senior administration officials.
The US–EU trade war is gathering pace. Following the imposition of 25% US import tariffs on steel and aluminum from March 12, President Trump has announced further plans to introduce "reciprocal" tariffs on all countries on or after April 1.
The European Union's Carbon Border Adjustment Mechanism (CBAM), a pioneering global carbon tariff, will begin charging extra costs on carbon-intensive industries—including steel, aluminum, cement, fertilizers,
Discussions should indicate how to realise a “step-change” in competitiveness and help draft a steel and metals action plan this spring.
The European steel industry is fundamental for European economy, providing critical inputs to many sectors, including automotive, construction, and
U.S. tariffs on steel and aluminum "will not go unanswered," European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger tough countermeasures from the 27-nation bloc. It means iconic U.
The new Ecodesign for Sustainable Products Regulation1 ("ESPR"), which entered into force on 18 July 2024, is set to significantly reshape
The EU's Carbon Border Adjustment Mechanism presents challenges for India's small and medium steel producers due to various constraints, while larger plants may adapt. The mechanism's impact on equity and feasibility is debated,