News

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.

Nucor enters 2026 with record order backlogs up 40% in steel mills, boosted by tariffs reducing imports and strong demand from infrastructure and energy sectors.

ArcelorMittal has locked in a €1.3 billion investment for a new electric arc furnace at its Dunkirk facility in France, set for commissioning in 2029 to significantly reduce CO2 emissions.

Domestic raw steel production fell marginally by 0.3 percent week-over-week, reaching 1.811 million net tons amid stable capacity utilization.

EUROMETAL Southern Europe Meeting on February 26, 2026, in Milan underscored imminent deindustrialization risks for EU steel due to trade measures, regulations, and import pressures amid green steel initiatives.

The American Iron and Steel Institute announced that U.S. steel mills shipped 7,583,826 net tons in January 2026, marking increases from both December 2025 and January 2025.

Thyssenkrupp Steel will supply its bluemint CO2-reduced recycled steel to BMW Group starting in 2026 for use in the BMW iX3's outer panels, interior parts, and battery housing.

Domestic raw steel production reached 1,811,000 net tons for the week ending February 28, 2026, marking a 6.2% increase from the prior year amid heightened capability utilization.