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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Nam Kim Steel Joint Stock Company (NKG-HOSE) has disclosed an insider-related transaction involving Mr. Ho Minh Phat, the son of Mr. Ho Minh Quang, Chairman of the Board of Directors of NKG. Mr. Phat registered to purchase 5 million NKG shares for personal financial investment purposes. The transaction is expected…
The European Union has reached an agreement to sharply increase tariffs on imported steel in order to protect the bloc’s domestic manufacturing sector amid pressure from global market conditions. Under the agreement dated 13 April between EU member states and the European Parliament, the tariff on imported steel will be doubled to 50%.
Alongside the higher tariff rate, the duty-free import quota will be reduced by 47%, to about 18.3 million tonnes per year. This level is described as roughly equivalent to the EU’s import volume in 2013, when the market began to lose balance.
The new framework is intended to replace the current safeguard measure, which imposes a 25% tariff on steel imports above the quota. That safeguard measure is due to expire at the end of June 2026.
The new rules will apply to most trading partners, with the exception of EEA members Iceland, Liechtenstein and Norway.
Maros Sefcovic, EU Commissioner for Trade and Economic Security, said the steel industry is central to Europe’s strategic autonomy and industrial capacity, particularly as global overcapacity rises.
The agreement is based on a proposal from the European Commission made the previous year. However, it is described as a temporary arrangement and still requires formal approval by the Council of the European Union and the European Parliament before it can take effect.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
