News
Trump administration dangles tariff discounts for companies willing to build US aluminum plants
2+ hour, 23+ min ago (127+ words) Crypto Briefing Canadian and Mexican producers can get relief from 50% tariffs if they commit to expanding stateside, but industry leaders are calling the math 'unfeasible' Jean Simard, CEO of the Aluminium Association of Canada, didn’t mince words. He described the…...
Trump adjusts aluminum import rules with new Section 232 tariff changes
2+ hour, 44+ min ago (260+ words) The White House announced temporary duty reductions and expanded country-specific carve-outs that could ripple through commodity markets and the broader macro landscape crypto traders watch closely. President Trump signed a proclamation on June 1 overhauling the Section 232 national security tariffs on…...
China threatens retaliation after UK nationalizes Chinese-owned British Steel
2+ day, 11+ hour ago (342+ words) The diplomatic standoff over a steel plant carries broader implications for how governments treat foreign investment, and crypto markets are watching the macro signals closely. The UK just seized a Chinese-owned steel company. China is not happy about it. On…...
UK government's nationalization of British Steel undermines Chinese investment confidence, says Beijing
3+ day, 9+ hour ago (256+ words) China's response to the Scunthorpe takeover carries implications for cross-border capital flows and investment sentiment in an already fragile global economy Beijing fired back at the UK this week after London officially nationalized British Steel, calling the move a severe…...
British Steel enters public ownership under new UK legislation
4+ day, 17+ hour ago (242+ words) Parliament's passage of the Steel Industry (Nationalisation) Bill marks the first major re-nationalization since the 1980s and carries implications for global commodity markets and industrial policy debates. The UK just did something it hasn’t done in nearly four decades: it bought…...
European Union limits tariff-free steel imports to protect industry
2+ week, 6+ day ago (516+ words) Brussels slashes its steel import quota by 47% and doubles tariffs on excess volumes as new trade barriers take effect July 1 Starting Wednesday, the European Union will cap tariff-free steel imports at 18.3 million metric tons per year. That figure represents a…...
Nippon Steel VP dissatisfied with US steel reforms post-acquisition
1+ mon, 3+ day ago (85+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Nippon Steel raises ¥90B in first bond offering after US Steel acquisition
1+ mon, 1+ week ago (372+ words) The Japanese steelmaker continues its aggressive financing strategy following its landmark $14.9 billion purchase of US Steel. Nippon Steel is tapping the bond market again, raising ¥90 billion through its first straight-bond offering since completing its acquisition of US Steel. The move…...