Mexican Steel Industry Welcomes Higher Tariffs on Imports From Non-FTA Countries Mexico’s steel industry has welcomed the *approval of a reform to the Law of General Import and Export Taxes (LIGIE)* that introduces *higher import tariffs on steel products from countries without fr...
RINL Records Highest-Ever Single-Day Crude Steel Output India’s state-owned steel producer *Rashtriya Ispat Nigam Limited (RINL)* achieved its *highest-ever single-day crude steel production of 21,012 metric tons on December 14*, the company said in a stat...
Vietnam’s Steel Imports Edge Down in November, Scrap Shipments Drop Sharply Vietnam imported *1.52 million mt of steel in November 2025*, down *0.4%* from October, according to the General Department of Customs. *Scrap imports fell much more sharply — down 23.8% year on year ...
German Industry Pushes for Rapid Expansion of Green-Steel Lead Markets A broad coalition of German industry groups, trade unions, environmental associations and steel stakeholders is urging the federal government to *accelerate the creation of lead markets for green stee...
US Steel Imports Drop Sharply in August 2025 Amid Weak Demand According to preliminary data from the US Department of Commerce, *US steel imports fell 16.3% in August 2025 from July*, totaling *1.70 million mt*, a *21.1% year-on-year decline*. The value of impor...
Steel Dynamics Completes Acquisition of Remaining Stake in New Process Steel Steel Dynamics, Inc. (SDI) has announced the acquisition of the *remaining 55 percent ownership interest* in New Process Steel, a Houston-based metals solutions and distribution supply-chain company. ...
Germany Calls on EU to Mandate Greater Use of Low-Emission Steel in Automaking Germany has urged the European Union to introduce policies that *significantly increase the use of low-emission steel in the automotive sector*, arguing the move is essential for aligning industrial p...
EUROFER: EU Steel Demand Weakens in Q2 2025 as Industrial Activity Declines The latest *Economic and Steel Market Outlook 2025–2026* from EUROFER reports that *EU-27 apparent steel consumption fell 1.8 percent year on year* in the second quarter of 2025, reaching *34.3 millio...
Algoma Steel Issues 1,000 Layoff Notices Amid Tariffs and Shift to EAF Production Canada’s *Algoma Steel has issued layoff notices to roughly 1,000 employees* at its Sault Ste. Marie plant, with the changes scheduled to take effect on *March 23, 2026*. The company cited a combinati...
Thyssenkrupp Steel Confirms Major Restructuring: Production Cut and 11,000 Job Reductions German steelmaker *Thyssenkrupp Steel has finalized a comprehensive restructuring agreement* with the IG Metall union and employee representatives, marking a decisive step in its long-running transfor...
Australian Steelmakers Seek Emergency Safeguards as Structural Steel Imports Surge The *Australian Steel Institute (ASI)* has issued an urgent warning over a *rapid surge in fabricated structural steel imports*, stating that the influx is causing *serious injury* to Australia’s dome...
Global Stainless Steel Production Rises 2.3% Year on Year in Q3 2025 Global stainless crude steel production totaled *16.07 million metric tons* in the third quarter of 2025, down *1.8% quarter on quarter* but *up 2.3% year on year*, according to preliminary data from ...
