Economic cooperation between Brasilia and Washington should be enough to guarantee a solution that is beneficial to both countries, the group added.

Germany also warned on Monday that higher duties would "harm all sides".

India looks to price differentials for “5-star” steel.

“I’m not sure of the effects of the on-and-off-again tariffs.” — second US distributor

This includes the growing momentum to reduce Scope 1-3 emissions to increase the number of “Net-Zero” buildings, according to sources.

South Korea is one of the world's largest steel producers, with major companies like POSCO, Hyundai Steel, and SeAH Steel leading the industry. Below is an overview of their production capacities and contact details for procurement or purchase departments.

The steel market remains under pressure: demand is weak and imports are at record highs

In December 2024, U.S. steel mills shipped 7,145,016 net tons, a 0.9 percent increase from the 7,082,921 net tons shipped in December 2023.