US President Donald Trump, under the pretext of the national security significance of the US steel industry, is about to demand from the leaders of the twenty to reduce the activity of overcapacity and other distortions in the global steel market, White House economic adviser Gary Cohn said on Thursday.
The Trump administration expects to delay the release of the hotly anticipated study until Trump speaks with G20 leaders at a summit in Germany next week, another official said Thursday, demanding anonymity. The review of the so-called "Section 232" will be a hot topic at the meeting in Hamburg.
The report could lead to sweeping new US quotas or tariffs on imported steel, and the Secretary of Commerce
Wilbur Ross previously said that he hopes to disclose his findings by the end of June. The study uses the Cold War trade law, which allows the president to restrict imports of goods deemed critical to national defense.
But American steel-consuming companies have lobbied the Trump administration “vigorously” against large new tariffs on foreign steel that would raise the prices of key raw materials.
+38 (097) 475-20-95
|
|
|
Subscribe to news 
Metallurgy news
- 25 December 2025
17:00 Japan's scrap steel exports increased by 20.8 percent in January-November 2025 17:00 Canada imposes Preliminary AD duties on OCTG from five countries 16:00 CBAM could cost UK industry £800m annually as the EU rules out tax relief. 16:00 The production of base metals in Taiwan in November 2025 decreased by 4.05 percent compared to October 14:00 ArcelorMittal resumes steel production in Fos-sur-Mer after October fire 14:00 China launches its first near-zero million-ton carbon steel production line 13:00 AHMSA sells US pellet plant for $5 million 13:00 TCUD: Fractures in global crude steel production deepen
Publications
25.12 Diode lasers from Alvi Prague 25.12 Services of the exporter of Budivelny Smith 24.12 old furniture - how to dispose of it correctly 24.12 The computer does not start, beeps or shows a black screen: diagnostics by sounds and what to fix 24.12 What is a Mont Blanc fountain pen and ballpoint pen?
