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Steel Market Summary – International

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 […]

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SMS-Int Feb25

February 6, 2025 Steel Market Summary – International Steel Prices Await Backlash From Trump´s Trade War Initially, Donald Trump said there would be tariffs on a range of goods imported from Canada, Mexico and China. A levy of 25% on Canadian and Mexican imports as well as an additional 10% tax on Chinese goods would […]

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SMS-Int Jan25

January 6, 2025 Steel Market Summary – International Overcapacity And Trump To Dictate Steel Market In 2025 A Danish politician in the 20-century famously said: “It is difficult to make predictions, especially about the future”. He was referring to the difficulty in making accurate predictions. However, after China´s steel exports approached record levels in 2024, […]

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SMS-Int 18 Dec24

December 6, 2024 Steel Market Summary – International Global Steelmakers Ranked By Renewable Energy Use Steelmakers around the world are failing miserably in making the switch towards low-carbon production, according to a report by the Sydney-based climate group, Action Speaks Louder (ASL). The report titled “Testing the Mettle: Ranking Steel Companies´ Current Renewable Energy Use” […]