News

South Korea’s steel hub struggles as plant shutdowns, Chinese imports, and U.S. tariffs reshape its industrial landscape.

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European heavy plate market anticipates price increases driven by infrastructure demand in 2026, higher import costs, and tightening supply tied to new CBAM and Russian sanctions.

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Major Asian steelmakers are accelerating digital transformation with AI-powered automation, achieving operational excellence and higher safety standards in 2025.

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The European Commission has announced a safeguard measure to reduce silicon and manganese-based ferroalloy imports into the EU by 25 percent, addressing industry injury and sustainability concerns.

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Rising tariffs on industrial equipment threaten to delay or increase costs for major US steel mill modernization projects despite high domestic steel output.

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China's crude steel production rose by 6% among CISA mills in early November after the lifting of environmental restrictions in northern provinces.

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The European Commission introduces safeguard measures using TRQs and variable duties to shield EU ferro-alloy producers, with a vote scheduled today impacting supply chains, market share, and trade flows.

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Tenaris has acquired the Beaver Falls scrap processing yard in Pennsylvania, integrating scrap sourcing with its US production to enhance manufacturing efficiency.

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Shanghai Metals Market announces price assessments for Indonesian stainless steel exports, signaling increased transparency and competitiveness in Asian trade flows.

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Today, Germany's government and industry leaders convene for a decisive summit as new policies and EU collaboration reshape competitiveness, energy pricing, and decarbonization in Europe's steel sector.

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