News

US raw steel production saw gains both week-over-week and year-over-year in the week ended April 4, signaling continued strength in domestic steelmaking capacity utilization.

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The European Steel Association demands immediate adjustments to the Carbon Border Adjustment Mechanism to protect EU steelmakers as carbon pricing takes effect.

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US raw steel production increased both week over week and year over year in the week ended April 4, according to the latest AISI data.

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ArcelorMittal's supply of low-carbon Usibor 1500Xcarb steel to Renault since September 2025 marks a key step in Europe's green steel transition amid ETS stabilization efforts.

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Barry Schneider, president and COO of Steel Dynamics and SMA chairman, testified before Congress today emphasizing $25 billion in capital investments to boost U.S. steel production amid supportive trade policies.

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European steel ministers are urgently meeting to deliberate ETS reforms and electricity taxation amid escalating raw material costs and suspended rebar quotations in Italy, highlighting tightening market dynamics.

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Worthington Steel has surpassed the minimum acceptance threshold in its offer to acquire Kloeckner & Co, with an extended period until April 14, 2026.

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European steel ministers are holding emergency talks on Emissions Trading System reforms and electricity taxation in response to soaring raw material costs and halted rebar quotations in Italy.

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US-based Mesabi Metallics has secured $520 million in financing to advance its major iron ore project, boosting domestic raw material supply for steelmakers.

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

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