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European Union › Steel Industry

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
BCLP

Significant Implications for Environmental Assessment of Major Projects

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The Supreme Court’s judgment in R(Finch) v Surrey County Council [2024] UKSC 20 has potentially significant implications on how environmental impacts of major projects are assessed. The question at the heart of the case was...more

Akin Gump Strauss Hauer & Feld LLP

WTO Dispute Settlement–What to Expect in 2024

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The year 2024 holds the potential for significant developments in the World Trade Organization (WTO) dispute settlement mechanism. With the upcoming 13th Ministerial Conference (MC13) in February, members may reach agreements...more

Wiley Rein LLP

White House Issues Presidential Proclamations Extending Section 232 TRQs on Steel and Aluminum Imports from the EU

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On December 28, 2023, the White House published presidential proclamations extending the tariff-rate quotas (TRQs) in place on imports of steel and aluminum products from the European Union (EU) until December 31, 2025....more

Latham & Watkins LLP

Sanctions Update: EU and UK Impose Sweeping Import Restrictions on Russian-Origin Iron and Steel

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The new measures bar the import of iron or steel products processed in countries other than Russia but incorporating Russian-origin iron or steel components. The measures form part of a series of significant sanctions updates...more

Akin Gump Strauss Hauer & Feld LLP

What's Causing EU-US Impasse On Steel And Aluminum

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In October 2021, the European Union and the United States launched negotiations for a Global Arrangement on Sustainable Steel and Aluminum, or GASSA, which would link import restraints to exporting countries' efforts to...more

White & Case LLP

US and EU Commit to Making Deal on Electric Vehicle Subsidies; Unveil more Cooperation on Green Energy and Economic Security

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The US and EU announced a range of commitments on green energy and economic security cooperation on March 10, 2023, in a meeting between European Commission President Ursula von der Leyen and US President Joe Biden. The most...more

Cadwalader, Wickersham & Taft LLP

European Commission Approves €515 Million in State Aid from Spain and Germany to Build Hydrogen-Powered Steel Plants

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On February 17, 2023, the European Commission granted approval for the Spanish and German governments to subsidize the construction of two renewable hydrogen-powered steel production facilities for Europe’s largest...more

ArentFox Schiff

New Year, New Duty Savings: TRQ For EU Steel and Aluminum Takes Effect  

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As expected, on January 1, 2022, the additional Section 232 tariffs on imports of steel and aluminum from the European Union (EU) were replaced with a new Tariff Rate Quota (TRQ). The TRQ is the result of an October 2021...more

ArentFox Schiff

Department of Commerce Posts Details on EU Tariff Rate Quota and Exclusion Extensions

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Following up on our November 3 alert broadly detailing the agreement between the United States and the European Union to replace the Section 232 tariffs on steel and aluminum with a tariff rate quota (TRQ), the US Department...more

BCLP

US Relaxes Tariffs on Steel and Aluminum from Europe, Looking Next to UK and Japan

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On October 31, 2021, at the Group of 20 (G20) Summit, the United States and European Union announced an interim agreement to relax the Trump-era worldwide Section 232 tariffs on European steel and aluminum articles and...more

Hogan Lovells

U.S. and EU have reached a settlement regarding Section 232 tariffs on steel and aluminum products

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The U.S. and the EU have announced a settlement regarding the U.S. Section 232 duties on European steel and aluminum products. As part of that settlement, the U.S. Department of Commerce (Commerce) announced that the 25...more

ArentFox Schiff

US-EU Announce a New Path for Steel and Aluminum Trade

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On October 31, 2021, the Department of Commerce and the Office of the US Trade Representative announced an agreement with the European Union (EU) to remove the 25% additional tariffs on steel and 10% additional tariffs on...more

White & Case LLP

Evolving trade and competition regulation in the push for green metals

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The metals sector is an attractive target for decarbonization due to the energy-intensive nature of traditional production processes. Carbon: the next frontier of commodities trade tensions - Governments around the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - April 2020 #2

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China Resumes LNG Imports from the U.S. - "Chinese buyers have resumed imports of liquefied natural gas from U.S. exporters, as Beijing started granting waivers to a 25% import tariff." Why this is important: In the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - January 2020 #3

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Energy Blockchain’s Most Obvious Use Case is Not What You Think - "Instead, a select group of blockchain companies is finding success with a focus on certificates of origin, helping demonstrate the provenance of renewable...more

Society of Corporate Compliance and Ethics...

US reliance on Section 232 tariffs threatens international trade system

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Report on Supply Chain Compliance 2, no. 23 (December 12, 2019) - United States President Donald Trump tweeted in the early morning of December 2 that he would “restore the Tariffs on all Steel & Aluminum that is shipped...more

Robins Kaplan LLP

Financial Daily Dose 12.02.2019 | Top Story: US Restores Metal Tariffs on Argentina and Brazil

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The White House will again slap tariffs on steel and aluminum imports from Argentina and Brazil in an apparent reaction to “massive devaluation” of  currencies in both South American nations....more

Jones Day

U.S. Imposes Sanctions on Turkish Officials, Ministries in Response to Syrian Offensive

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The Situation: In response to events in Syria and in the face of strong Congressional pressure to act, President Trump introduced sanctions targeting Turkey. The Result: Although the President indicated that a ceasefire...more

White & Case LLP

Iran Threatens Partial JCPOA Suspension; US Imposes Sanctions on Certain Iranian Metals Sectors

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On May 8, 2019, following Iran's announcement that it intends to suspend certain nuclear proliferation-related commitments under the Joint Comprehensive Plan of Action (JCPOA), the United States issued a new Executive order...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2019 #2

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New Sulfur Caps for Shipping Fuels Will Help Make the Shale Boom Even Bigger "Now the shale revolution will help shippers across the world comply with the International Maritime Organization's 2020 standards, called "IMO...more

White & Case LLP

Outlook for US Trade Policy and the World Trade Organization in 2019

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The year 2018 may be remembered as a turning point for US trade policy and the international trading system. The Trump administration took several unilateral trade actions, including the imposition of global "national...more

King & Spalding

Trade & Manufacturing - December 2018

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The Impact of the New Democratic House Majority On The Administration’s Trade Policy - On November 6, 2018, in the mid-term elections, Democrats took control of the U.S. House of Representatives by winning approximately...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Markets around the world took a beating yesterday amidst concerns about steel tariffs and other rising commodity costs, an economic slowdown in China, and brewing trouble in the EU. US stocks rallied by the end of the day to...more

Nelson Mullins Riley & Scarborough LLP

International Law Bulletin - Vol. 22, No. 6

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INTERNATIONAL BUSINESS AND TRADE - Trade Policy - E.U.: The E.U. gave approval to the imposition of a 10% levy against a $3.2 billion worth of imports from the United States on a range of products in retaliation for the 25%...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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CEO Dara Khosrowshahi is undoubtedly breathing a sigh of relief on news out of the UK yesterday that Uber will regain its taxi license in London—a “crucial victory for efforts by its new chief executive to revamp the...more

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