Iron and steel

US President Joe Biden announced a series of tariff increases on various Chinese imports, including electric vehicles, computer chips, and medical products.

Atradius a UK trade credit insurer, has reported an 18% reduction in claims from UK businesses compared to the same period in 2023.

The government explained that the carbon border adjustment mechanism (CBAM) will target carbon-intensive products in sectors like iron, steel, aluminium, fertiliser, hydrogen, ceramics, glass, and cement.

The European Union is considering extending its current truce with the US concerning steel and aluminium trade. This move could circumvent ongoing stagnant talks and prevent the re-imposition of tariffs… read more →

The use of electronic bills of lading (eBLs) increases efficiency, reduces costs and improves the overall transparency and security of trade.  In contrast, paper bills of lading are inefficient, slow… read more →

Given the complexity of maritime transport, Annie Kovacevic sat down with Grant Hunter, director of standards, innovation, and research at BIMCO, to learn more about hot topics in the industry.

Recent times have seen a steep incline in raw materials prices and delivery volumes. Against this background, the Oryx Stainless Group is increasing its financial flexibility with a syndicated credit… read more →

Since the United Nations (UN) adopted the 2030 Agenda for Sustainable Development, industries have started planning for more sustainable practices

This article was co-authored by:

– Arun Prakash, strategy officer for trade and commodity finance at IFC
– Dennis Ochieng, economist at IFC
– Shanshan Li, consultant at IFC

HSBC India and HSBC UAE have successfully executed a blockchain-enabled, live trade finance transaction between Tata Steel Ltd. (India) and Universal Tube & Plastic Industries Ltd. (UAE). This is a… read more →

If Africa is to realize her trade potential, they must be willing to implement far-reaching reforms across all the segments and institutions of the economy.

The Government has announced the UK’s new MFN tariff regime, the UK Global Tariff (UKGT) The Government has this morning (19 May) announced the UK’s new MFN tariff regime, the UK… read more →

Alfa-Bank and Novolipetsk Steel Company (NLMK), in cooperation with Commerzbank, Germany, and Vesuvius GmbH, Germany, have launched a pilot project of cross-border payments via the Marco Polo international trade finance network. For Marco Polo, it is the first Russian-German import-export operations financing project.

TFG heard from Accenture’s Cecile Andre Leruste, on the major digitisation initiatives within the commodiy finance space. Commodity finance is in a phase of major transition, driven by multiple megatrends

TFG exclusive podcast with komgo, we heard from CEO Souleïma Baddi talking about bringing blockchain and distributed ledger technology to commodity finance.