Tag: Steel
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The melt and pour rule became mandatory on October 1, and Europe’s 50 percent out-of-quota duty now has the origin tracing it needed to work BRUSSELS, October 8, 2026 The European Union’s steel import regime passed its quietest and most consequential deadline a week ago, and most of the world’s exporters are only now discovering…
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Ottawa has given Cleveland-Cliffs five business days to explain how it will honour the employment undertakings it signed to win approval for its $3.4 billion takeover of Stelco. Industry Minister Melanie Joly says the trade war is no defence. OTTAWA and HAMILTON, Ont., Oct. 8, 2026 The federal government has opened a direct legal confrontation…
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Washington closes its G20 trade presidency with a 28-economy Milwaukee Framework on steel overcapacity, a blocked consensus statement and an open question about whether plurilateral coalitions can substitute for multilateral agreement MILWAUKEE, Oct. 6, 2026 The United States Trade Representative closed the books yesterday on a G20 trade ministerial that produced one durable institutional artifact,…
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Five days into the European Union’s fourth-quarter steel quota window, the biggest supply lines were not merely full but queued two deep. The next legal opening is January 1, and the rulebook that governs it expires on New Year’s Eve. BRUSSELS, October 7, 2026. The European Union’s new permanent steel trade measure opened its fourth…
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A WTO panel will now examine whether Europe’s carbon border levy and the free allowances underpinning its own emissions market comply with the rules, in the first full legal test of climate-linked border measures as the definitive CBAM regime takes financial effect GENEVA / BRUSSELS, 6 October 2026 – The World Trade Organization’s Dispute Settlement…
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Cleveland-Cliffs will indefinitely idle cold-rolled and coated operations at Stelco’s Hamilton Works from October 9, cutting as many as 500 jobs. Ottawa is weighing enforcement action under the Investment Canada Act over five-year employment undertakings attached to the 2024 takeover, while the union accuses the company of lobbying for the tariffs it now blames. HAMILTON,…
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Five Reports on Global Trade Measures In this edition 1. Beef Quota Wall China’s safeguard surtax slams shut the world’s largest beef import market for Brazil, pushing the effective duty to 67 percent and forcing a global rerouting of protein trade in the final quarter of 2026 2. Melt Rule Bites The European Union’s melt…
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The European Union’s melt and pour traceability requirement took effect on October 1, converting a paperwork obligation into the gatekeeper for an 18.3 million tonne quota backed by a 50 percent out-of-quota duty BRUSSELS, October 2, 2026 As of 00:00 on October 1, 2026, a steel consignment arriving at an European Union port without documentary…
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Europe’s new steel wall hardens on 1 October as melt and pour proof becomes binding and a second quota tranche opens against near total exhaustion of the first BRUSSELS, 29 September 2026 Europe’s steel importers have roughly 48 hours left before the most consequential customs paperwork requirement in a generation takes legal effect, and the…
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From Cairo to Brasilia to New Delhi, defensive measures multiplying outside the big blocs are rewriting sourcing maps for mid-sized importers LONDON, October 1, 2026 / The trade measures that attract headlines are the ones imposed by the largest economies. The measures that are quietly reshaping sourcing decisions for most of the world’s importers in…