Hot-rolled coil (HRC) prices in the United States fell toward the end of April, with producer offers dropping from $975/metric ton to $952/metric ton ex-works (EXW) between April 11 and April 25.

On April 9, U.S. President Donald Trump initiated a 90-day pause on the implementation of "reciprocal" tariffs. This move was initially attributed to ongoing efforts to negotiate trade agreements with 75 countries that had reportedly approached the White House.

China’s stainless steel exports saw a solid increase in the first quarter of 2025, rising 15.47% year-on-year to 1.2259 million metric tons (mt), according to data released by Chinese customs authorities.

In 2024, global energy-related carbon emissions surged by 0.8% year-on-year, reaching a record-breaking 37.8 gigatonnes (Gt), according to a recent report by the International Energy Agency (IEA).

In the first half of April, hot-rolled coil prices in Southern Europe fell by €20 per ton to €545 per ton CIF as of April 11.

China’s steel production rose by 4.6% in March 2025 compared to the same month last year, reaching 92.84 million tons, the highest level in 10 months.

Nickel prices on the Asian SHFE have seen a continued rise today, increasing by as much as 1.8%.

In response to recent actions by the United States, China has raised tariffs on American goods to 84%.

The European Commission (EC) is exploring potential changes to EU energy legislation as part of a broader initiative to alleviate the regulatory burden on struggling industries, according to sources cited by Reuters.

The European Commission has officially released the results of the technical review of the EU Safeguard measure on certain steel products.

The UK’s Trade Remedies Authority (TRA) has launched a review of tariff quota exemptions on steel imports from developing countries, according to an official agency report.

For over a century, stainless steel has been a cornerstone material across various industries, distinguished primarily by its remarkable resistance to corrosion.