World Steel Association June 2022 crude steel production
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.1 million tonnes (Mt) in June 2022, a 5.9%…
Mexico is seen risking $30 billion hit in US-Canada trade spat
Mexico could be hit with between $10 billion and $30 billion in tariffs if it loses a trade spat with the US and Canada, according…
Ukraine’s grain challenge involves clearing mines, finding ships and trusting Putin
Ukraine is about to finally secure a deal aimed at restarting crucial Black Sea grain exports that have been crippled by Russia’s invasion. But getting…
EU ramps up legal pressure on UK over breaches of Brexit deal
The European Union ramped up its legal campaign against the UK over breaches to the Brexit deal, days after legislation allowing Britain to scrap parts…
Ukraine and Russia to sign grain export deal, Turkey says
A deal to restart grain exports from Ukraine’s Black Sea ports that have been blocked since Russia’s invasion will be signed on Friday by representatives…
Statement by Ambassador Tai following Senate passage of the Formula Act
“Today’s vote sends a strong, bipartisan message that the United States will use all the tools at our disposal to address the infant formula shortage,…
India may allow more sugar exports to prevent defaults
India may allow sugar mills to export more than previously permitted to help them prevent defaults on contracts, according to people familiar with the matter.
China’s top steel mill adds its voice to industry’s alarm
The world’s top steelmaker has added its voice to the growing sense of alarm among China’s mills over crisis conditions in the industry due to…
China’s top chipmaker achieves breakthrough despite US curbs
Semiconductor Manufacturing International Corp. has likely advanced its production technology by two generations, defying US sanctions intended to halt the rise of China’s largest chipmaker.
Korea early exports hold up on chip sales despite China lockdown
South Korea’s early trade data showed exports remained resilient in the face of risks to global economic growth and China’s Covid lockdowns that are disrupting…
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