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EU plans to reduce steel imports by 15%
The European Commission presented on Wednesday an action plan for the steel and metals industries. In a sector marked by strong international competition, the European executive plans to tighten import quotas with an objective of 15% reduction.
EU to tighten controls on steel imports and waste metal flows
The EU plans to tighten controls on steel and aluminium imports to prevent market dumping and restrict countries from blocking waste metal imports.
Tariffs: EU hits Trump-voting US states
In its response to the US tariffs on steel and aluminium, the EU is aiming to be 'smart' and hit US Republican-leaning states.
EU strikes back against US steel and aluminium tariffs with retaliatory package
European Commission president Ursula von der Leyen announced a response to new US tariffs on steel and aluminium imports, unveiling a package of countermeasures aimed at US exports.
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Commission touts action plan for steel industry faced with US tariffs
The Commission has pledged an action plan for the steel industry to be launched in mid-March, days after US President Donald Trump's threatened tariffs against the sector are slated to come into force, beckoning the onset of a trade war.
Thyssenkrupp announces lower sales as shake-up plans proceed
Earnings increased despite weaker sales, thanks to the German firm’s efficiency drive. Meanwhile, Thyssenkrupp’s military-related units expect a boost from greater defence spending.
Countries warn of economic fallout from Trump's steel tariffs
Canadian Prime Minister Justin Trudeau is among the leaders who have hit back at US tariffs. He called them "unjustified" and vowed swift retaliation.
Markets unsettled as Trump imposes 25% tariffs on steel and aluminium
US President Donald Trump officially imposed 25% tariffs on steel and aluminium imports, sparking selloffs in the stock markets, and a further surge in gold prices.
EU will react against 'unlawful' US tariffs, says European Commission
The European executive has announced that it would retaliate against US tariffs on aluminium and steel if they are confirmed, considering them unlawful and counterproductive.
Who were the Brutalist architects behind the Oscar-nominated film?
A firm favourite for Oscar glory this year 'The Brutalist' is not a biopic but rather a film loosely based of several real people. All share one common denominator; they were the godfathers of Brutalism, an influential, and divisive architectural movement.
US Steel and Nippon file lawsuit after Biden blocks merger deal
The firms accuse the Biden administration of blocking the merger for "purely political reasons".
Source: 'regrettable' that Nippon Steel deal blocked due to security
A Japanese government source told Euronews that the Biden adminstration's decision to block the takeover of US Steel by Japan's Nippon Steel might have an impact on future investments between Japan and the US.
ArcelorMittal green steel backtrack raises fears over clean transition
European Commission top brass set to visit steel multinational’s Belgian plant this week in the wake of a warning that low-carbon steel projects won’t go ahead without further policy support from Brussels.
Thyssenkrupp's steel division sees valuation slump
The unit has suffered from rocky economic conditions, fierce competition from Asian manufacturers, and a pressure to decarbonise.
EU car and steel industries call to avoid US tariffs
A recent study found that 186,000 jobs could be lost in the European automotive industry over the next decade.
Thyssenkrupp is reviewing plans for manufacturing 'green steel'
Thyssenkrupp is revisiting its ambitious plan to produce green steel at its Duisburg site due to escalating costs. The German government has spent billions of Euros subsidising the project.
Joe Biden prepares to block Nippon Steel's takeover of US steel
Critics say that blocking the $15bn (€13.53bn) deal could risk thousands of jobs.
Why are senior leaders at Germany’s Thyssenkrupp resigning?
A bitter restructuring row has left the firm’s steel division waving goodbye to its CEO, chair and five directors.
German steelmaker ThyssenKrupp holding major restructuring talks
The firm's supervisory board will discuss the independence of its steel division in the face of fierce competition from Asia and climate demands.
German conglomerate Thyssenkrupp fails to cheer investors as sales dip
CEO Miguel López says the firm performed "as planned" in the second quarter, although the market remains "gloomy".