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US Tariffs on Steel Imports May Have a Ripple Effect, Says Metinvest
Recent developments indicate that the US imposition of tariffs on steel imports could have far-reaching consequences for the global steel market. Metinvest, a leading steel producer, has warned that t...
Feb 19, 2025
0 1416


China Steel to Hold Prices Steady Amid Trump Tariffs
Amid the backdrop of rising US protectionist measures, Chinese steel producers have announced their decision to maintain stable prices despite the imposition of new tariffs by President Trump. Reports...
Feb 19, 2025
0 1132


Ancora Demands US Steel Board Records, Escalates Proxy Fight
Ancora, a prominent shareholder group at US Steel, has escalated its ongoing proxy fight by demanding the release of detailed board records, Reuters reported on February 18, 2025. This move is part of...
Feb 19, 2025
0 1274


UK government commits £2.5 billion to support transition of steel industry
The UK government has committed to providing up to £2.5 billion of funding within the scope of "The Plan for Steel" for the transition of the steel industry to net zero and production of green steel. ...
Feb 19, 2025
0 1266


UAE's EMSTEEL aims to become carbon-neutral by 2050
The United Arab Emirates' (UAE) largest steel producer and market leader, EMSTEEL, formerly known as Emirates Steel, has unveiled its decarbonization strategy in line with the UAE's targets and the Pa...
Feb 19, 2025
0 1267


Argentina complains about steel import tariff in the US
The Argentine steel chamber, Acero Argentino (AA), has issued a statement making comments about the 25 percent import tariff imposed by the US for all origins of steel products. According to AA, it un...
Feb 19, 2025
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Workers union recommend stoppage at Usiminas
The Brazilian steel producer, Usiminas, has improved by a minimal margin from its previous proposal for the readjustment of salaries of the 2024-2025 season. The union, SINDIPA, has called a meeting o...
Feb 19, 2025
0 1074


CAAM Reports a 0.6% Decline in China’s Auto Vehicle Sales for January
Data from the China Association of Automobile Manufacturers (CAAM) indicates that China’s auto vehicle sales experienced a 0.6% decline in January. Although the decrease is modest, it highlights the c...
Feb 18, 2025
0 1200


Aperam Boosts Stainless Steel Shipments by 4.9% in 2024
Aperam has announced a 4.9% increase in stainless steel shipments in 2024 compared to the previous year, a promising indicator of improved market dynamics and growing global demand for premium stainle...
Feb 18, 2025
0 1052


Alacero hopes to rebuild strategic alliance with US despite tariffs
The Latin American Steel Association Alacero has made some evaluations regarding the 25 percent tariffs lately announced by the US on imports of steel and aluminum from all countries. Accordingly, the...
Feb 18, 2025
0 1039


US Steel: Tariffs to position us to pioneer new golden age of US steelmaking
United States Steel Corporation (US Steel) has a made statement to SteelOrbis regarding the 25 percent tariffs lately announced by the US on imports of steel and aluminum from all countries. According...
Feb 18, 2025
0 1112


Canada initiates review on heavy plate from Taiwan and Germany
The Canada Border Services Agency (CBSA) has announced it has initiated a review to determine the normal values and export prices of certain hot rolled carbon steel heavy plate and high-strength low-a...
Feb 18, 2025
0 1206
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