Largo Appoints Co-COOs to Strengthen its Operational Leadership

The same applies to steel and aluminum, key materials for car production, which both Mexico and Canada export to the US.

Contrary to the US administration's claims, Nagel asserted that tariffs would likely have negative consequences for the United States as well.

Their comments came after Trump signed an executive order on Feb 10, announcing a 25 percent tariff on all US steel and aluminum imports from March 12.

"China's 'circle of friends' to develop the circular economy is constantly expanding," Zhu Liyang said.

The UK government has reaffirmed its commitment to invest £2.5 billion ($3.15 billion) to support the steel industry and protect jobs in the steel sector.

Oman is accelerating industrial growth with new projects in key sectors such as metals, mining, and construction.

China-Funded Steel Plant in Bolivia To Open 2 Weeks After Trump’s 25% Tariffs, “We Will Have No Choice But To Export the Surplus Abroad” Invitation forThe 21st China Ferro-Alloys International Conference