Newsquawk Logo

EU Trade Commissioner Sefcovic says he discussed critical minerals and steel with US Commerce Secretary Lutnick, and the EU and US agreed to accelerate discussions on steel derivatives

Importance
Level 1
  • Also discussed cooperation on energy security with Treasury Secretary Bessent
  • Discussed disruptions of fertiliser supply and the alarming situation in Africa with Bessent
  • Sefcovic expects to suggest a couple of pilot projects on critical minerals very quickly
  • Says he raised question of US easing sanctions on Russian oil during discussion with Bessent, understand that it will not be repeated in the future