From January 2026, the EU's Carbon Border Adjustment Mechanism enters enforcement, imposing carbon levies on imports and coinciding with reduced free ETS allowances, reshaping steel trade and pricing dynamics.

Nucor enters 2026 with record steel mill order backlogs up 40% year-over-year, fueled by tariffs curbing imports and robust demand from infrastructure and energy sectors.

The European Steel Association reveals European steel production has reached a historic low, with imports capturing a record market share, urging immediate policy action.

Nucor enters 2026 with record order backlogs up nearly 40% in steel mills and 15% in products, fueled by tariffs reducing imports and strong demand from infrastructure and energy sectors.[1]

thyssenkrupp benefits from improving EU policy support, including CBAM enforcement, during negotiations to sell a stake in its Steel Europe business to India's Jindal Group.

The American Iron and Steel Institute announced a 4.6% increase in steel imports for January 2026 versus December 2025, reflecting sustained demand from higher mill operating rates supported by protective tariffs.

The European Steel Association welcomes the Industrial Accelerator Act but demands mandatory EU-origin requirements for low-carbon steel in public procurement to secure the sector's future.

President Trump signed executive orders implementing 25% tariffs on all steel and aluminum imports into the United States, effective March 12, 2026, to protect domestic industry amid rising demand.[2]

Marcegaglia Group is progressing with its fully decarbonized steel facility in Fos-sur-Mer, France, targeting scrap and DRI inputs powered by nuclear electricity, set for production by 2028.

Europe's steelmakers brace for the EU's Carbon Border Adjustment Mechanism full enforcement in 2026, alongside phasing out free ETS allowances and stricter import safeguards, reshaping trade competitiveness and driving up prices.