News

Liberty Steel's Dalzell plant in the UK has resumed operations following a significant government order, signaling renewed momentum in Europe's steel sector.

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Daily construction steel price moves and surging stainless scrap imports into China are prompting Asian mills and suppliers to recalibrate raw-material sourcing, pricing strategies, and near-term production planning.

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The European Union has broadened its electricity price compensation program to shield the steel industry from high energy costs and carbon leakage risks amid ongoing decarbonization efforts.

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Satellite data reveals increased activity at key Asian steel plants like POSCO Gwangyang and Kardemir amid India-Oman FTA, signaling bright prospects for buyers.

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Tibnor, SSAB’s distribution arm, has agreed to acquire Ovako Metals Oy to expand its steel distribution footprint and service offering in the Finnish market.

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China announces export licensing for 300 steel products starting January 1, 2026, aiming to address rising trade frictions with emerging Asian markets amid declining domestic production.

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China and Indonesia's surging stainless steel exports are eroding market share of Japan and South Korea, sparking protectionist measures across Asia.

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China's Ministry of Commerce has implemented an export license system for approximately 300 steel HS codes to improve monitoring, statistical analysis, and export quality without quantitative restrictions.

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The European Commission is preparing revisions to the Research Fund for Coal and Steel to speed up and streamline funding for low‑carbon steel projects across the EU, strengthening support for Europe’s industrial decarbonisation agenda.

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Inner Mongolia North Heavy Industries Group has achieved a technological breakthrough by mass-producing 17-meter ultra-high-pressure steel pipes, ending foreign monopoly in this critical petrochemical component.

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