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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.

Mexico rejects U.S. tariffs on steel, aluminum.

The United States has recently announced a 25 percent tariff on steel and aluminium imports.

The Ministry of Trade, Industry and Energy said the government will actively express its position and consult with the U.S. administration to protect the interests of the local steel industry.

Economic cooperation between Brasilia and Washington should be enough to guarantee a solution that is beneficial to both countries, the group added.

Germany also warned on Monday that higher duties would "harm all sides".

India looks to price differentials for “5-star” steel.