The Ministry of Trade, Industry and Energy said the government will actively express its position and consult with the U.S. administration to protect the interests of the local steel industry.

Economic cooperation between Brasilia and Washington should be enough to guarantee a solution that is beneficial to both countries, the group added.

Germany also warned on Monday that higher duties would "harm all sides".

India looks to price differentials for “5-star” steel.

“I’m not sure of the effects of the on-and-off-again tariffs.” — second US distributor

This includes the growing momentum to reduce Scope 1-3 emissions to increase the number of “Net-Zero” buildings, according to sources.

South Korea is one of the world's largest steel producers, with major companies like POSCO, Hyundai Steel, and SeAH Steel leading the industry. Below is an overview of their production capacities and contact details for procurement or purchase departments.

The steel market remains under pressure: demand is weak and imports are at record highs