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Steel Market Summary – International

December 5, 2025 Steel Market Summary – International Where Trump Tariffs Go, Others Follow  The apparent success of Donald Trump´s tariffs has not only been welcomed by his domestic steel and manufacturing base, but it has also encouraged other countries to implement their own tariffs as an industry protection mechanism. Indeed, tariffs and anti-dumping actions […]

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SMS-Int Nov25

November 6, 2025 Steel Market Summary – International Iron Ore At Centre Of Global Power Struggle  If the unconfirmed reports are true, China has taken another strategic step towards its goal of consolidating its grip on the global steel market. The step was small, but it fits into a far wider plan. On October 30, […]

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SMS-Int Oct25

October 6, 2025 Steel Market Summary – International European Union To Apply 50% Tariffs And Lower Quotas It is being reported that the European Commission on behalf of the European Union is set to propose cutting steel import quotas by nearly half and then introducing a 50% tariff on volumes above those revised quota levels. […]

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SMS-Int Sept25

September 5, 2025 Steel Market Summary – International Most Trump Tariffs Illegal, As Chaos Continues In the United States, the Court of Appeals for the Federal Circuit ruled on August 29 that most of the “reciprocal” tariffs Donald Trump announced on April 2 were illegal. The Court said Trump had overstepped his presidential authority when […]

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SMS-Int Aug25

August 6, 2025 Steel Market Summary – International Slow-Burn Dangers Of Trump´s Trade War The chaotic manner in which the US President, Donald Trump, has prosecuted his global trade war in recent months has had many obvious effects. His fluctuating and exaggerated tariff rates have caused confusion and dismay in equal measure. However, aside from […]

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SMS-Int July25

July 6, 2025 Steel Market Summary – International Uncertainty Rules As Tariffs Pause Reaches Its End All participants in the global steel industry are anxiously awaiting the July 9 end to the 90-day pause Donald Trump placed on his worldwide `reciprocal´ tariffs. As well as a 25% tariff on steel and aluminium products, plus a […]

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SMS-Int June25

June 6, 2025 Steel Market Summary – International World Reacts As Trump Raises Tariffs To 50%  Steel industry leaders and governments around the world have reacted with predictable dismay to the decision by Donald Trump to raise the tariffs on steel and aluminium imports into the United States to 50%. The increase took effect on […]

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SMS-Int May25

May 6, 2025 Steel Market Summary – International US Tariffs Accelerate Global Trend Of Protectionism The imposition by Donald Trump of 25% steel and aluminium tariffs, followed in early April by a minimum 10% tariff on all goods imported into the United States has unleashed a wave of retaliatory measures – some justified, some opportunistic. […]

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SMS-Int Apr25

April 7, 2025 Steel Market Summary – International Trump´s Tariffs Bring Turmoil To World Trade Not content with a 25% tariff on steel and aluminium being imported into the United States, Donald Trump used his self-proclaimed “Liberation Day” to announce a minimum 10% tariff on all products from all countries in the world – and […]

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SMS-Int Mar25

March 6, 2025 Steel Market Summary – International Protectionism In Vogue As China Struggles During the past 12 months, the international steel community has been highly critical of those naughty Chinese who´ve been “flooding” the market with their “cheap” steel. Chinese steelmakers have been demonised for “dumping” their product wherever it suits them. Part of […]