U.S. raw steel production increased 6.6% year-over-year to 1.817 million net tons for the week ending February 21, 2026, operating at 78.5% capability utilization.

SMS group has finalized the upgrade of Level 1 automation and HMI systems for three downcoilers at Thyssenkrupp Steel Europe's Hot Strip Mill No. 1 in Duisburg, Germany, enhancing operational efficiency and digital readiness.

US steelmakers like Steel Dynamics and Cleveland-Cliffs have increased prices significantly in response to doubled tariffs on imports, boosting domestic production amid declining imports.

European steel producers call on the European Commission to address high electricity costs amid upcoming industrial production law.

Barry Zekelman highlighted critical tariff loopholes flooding the US with pipe and tube imports and urged adoption of small-scale nuclear power amid grid strains from data centers.

SMS group has successfully upgraded Level 1 automation and HMI systems for three downcoilers at Thyssenkrupp Steel Europe's Hot Strip Mill No. 1 in Duisburg, Germany, enhancing operational efficiency and digital readiness.

Shougang Group Changzhi announced price increases for rebar, coiled rebar, and wire rod on February 17, 2026, reflecting stabilizing demand in China's ferrous sector.

The European Commission's CBAM default values for steel, published on 31 December 2025, remain full of errors as of 17 February 2026, impacting importers' compliance ahead of the 2026 enforcement phase.

China's largest private steelmaker Shagang maintains rebar, wire rod, and bar-in-coil prices unchanged for February 11-20 due to weak spot demand ahead of Lunar New Year.

North Shore Steel has fully integrated Ford Steel under its brand, unifying operations in plate processing, structural distribution, and fabrication to strengthen its position in the American steel market.