Brazilian steelmaker Gerdau may opt to bump up its output capacity in the United States instead of building a new plant in Mexico, its CEO said on Thursday, as tariffs implemented by President Donald Trump shake up global trade.
Rio Tinto CEO Jakob Stausholm has expressed caution regarding the potential impact of US President Donald Trump’s proposed 25% import tax on all steel and aluminium, stating that the ultimate effect on the company remains uncertain.
Athens-listed industrial and energy company Metlen Energy & Metals has entered into two long-term strategic agreements with global mining major Rio Tinto, securing supply chain improvements in both bauxite and alumina.