News

The EUROMETAL Steel Trade Day 2025 in Düsseldorf addresses new EU trade safeguards, the Carbon Border Adjustment Mechanism, and strategies for navigating the future of European steel trading.

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Federal authorities have approved the $14.9 billion sale of U.S. Steel to Japan’s Nippon Steel, introducing a unique government-controlled 'golden share' arrangement and raising tariffs on steel and aluminum imports to 50%, setting the stage for major upgrades to U.S. electrical steel production capacity.

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The European Commission unveils a landmark plan to overhaul steel import safeguards, replacing quotas with steep tariffs and a new 'Melt and Pour' rule, aiming to boost competitiveness and support the green transition.

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voestalpine finalizes a new Indiana truck beam production hall, signaling continued investment in U.S. steel despite tariff headwinds.

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China’s iron and steel sector reported a 1.9-fold increase in profits for the first three quarters of 2025, even as output and consumption continued to fall, prompting calls for further production restraint to stabilize the market.

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At Ecomondo 2025, leaders assess how the European steel sector is balancing decarbonization, green technology investment, and industrial competitiveness in a volatile market.

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New market research shows America's steel wire rope industry will be a key contributor to the global market reaching $13.88 billion by 2030, fueled by demand from construction, mining, oil & gas, and industrial sectors.

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Asia’s grain-oriented electrical steel market is set for steady expansion, driven by strategic alliances, sustainability focus, and surging power infrastructure demand.

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German steelmaker Salzgitter lowers 2025 sales and earnings forecast, highlighting persistent weak demand and the anticipated effects of new EU trade measures designed to reshape Europe's steel market.

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US Steel, newly owned by Nippon Steel, announced an $11 billion investment plan for modernization, operational efficiency, and advanced R&D across its US facilities by 2028.

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