News

The European Commission has launched a detailed investigation into MMG's acquisition of Anglo American's Brazilian nickel operations, citing risks to ferronickel supply for Europe’s stainless steel sector.

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U.S. Steel announces a $14 billion investment plan targeting major plant modernization, product upgrades, and sustainability initiatives following its acquisition by Nippon Steel.

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South Korea's government introduces a 4 billion won steel export guarantee program to support SMEs facing global oversupply and tightened trade barriers.

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European steel producers struggle with stagnant demand and shifting import dynamics as regulatory changes loom in 2026.

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U.S. Steel will invest $75 million in a state-of-the-art premium threading line at its Fairfield Tubular Operations in Alabama, enhancing automation, capacity, and environmental controls.

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Iron ore futures dipped as China's steel production slowdown and rising inventories signaled persistent market imbalances across the Asian steel sector.

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European mills confront slow HRC demand in November, with import offers stabilizing but orders remaining subdued across the market.

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Federal approval for Nippon Steel's acquisition of U.S. Steel coincides with sharp tariff increases, promising major upgrades in U.S. production capacity and electrical steel technologies.

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Primetals Technologies will supply a continuous tandem cold mill to a leading Chinese silicon steel producer, marking a strategic advancement in China's electrical steel sector.

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The European Commission today announced sweeping protectionist measures for the steel industry, doubling tariffs and halving quota exemptions for imported steel.

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