Major Ferrosilicon Producer Curtails Production in Northern Norway Elkem is reducing the production of ferrosilicon at one of its North Norwegian factories due to challenging market conditions. The EU's potential safeguard measures on imports of ferroalloys have further increased uncertainty, the company writes.
Cornerstone Businesses Face Uncertainty Regarding EU Measures It is still unclear whether Norway will steer clear of the EU's safeguard measures on alloy imports. For the metal industry in Northern Norway, limited market access to the EU may have big consequences.
Trump Imposes 25 Percent Tariffs on Steel and Aluminum US President Donald Trump is imposing 25 percent tariffs on all steel and aluminum imports. The European Commission said it would react to protect European businesses from unjustified measures.
In Search of the Russian Market: - Everything is Permitted If It is Not Banned Norwegian-Russian business cooperation is at a record low, though several Norwegian companies are at the starting point of bringing home money from a gigantic, yet sanctioned Russian market. High North News met with three of them. And with a Norwegian ambassador who says that “everything that is not banned, is permitted”.
