Thyssenkrupp Net Loss Deepens to €278M, Cuts 2025 Outlook on Steel Weakness German industrial group *Thyssenkrupp* posted a significantly wider *net loss of €278 million in its fiscal third quarter* (April–June 2025), compared to a €54 million loss a year earlier. The company...
Euro Area Industrial Production Suffers 1.3% Drop in June According to Eurostat’s latest release, *industrial production in the euro area fell 1.3 percent in June 2025 compared to May*, marking a sharp reversal from the *1.1 percent increase recorded the pre...
LKAB Reports Higher H1 Sales but Profit Impacted by Falling Ore Prices Swedish state-owned miner *LKAB* recorded a *40 percent increase in sales revenue* in the first half of 2025, reaching *MSEK 17,442* compared to MSEK 15,322 in the same period last year. The company s...
India’s JSL Taps Primetals for Plate Mill Automation Upgrade *India —* *Jindal Steel Limited (JSL)* has contracted *Primetals Technologies* to carry out a major automation upgrade for its *5-meter plate mill* in Odisha, marking the *first large-scale implementa...
Japan Launches Anti-Dumping Investigation Into HDG Steel Imports *Japan’s Ministry of Economy, Trade and Industry (METI)*, together with the Ministry of Finance, has launched an *anti-dumping investigation into hot-dip galvanized (HDG) steel imports* from *China an...
Severstal Installs World's Largest Grinding Ball Mills at Pellet Complex in Russia *Cherepovets, Russia —* *Severstal* has completed installation of the *world’s largest dry grinding ball mills* at its Cherepovets steel plant, each measuring *6.7 meters in diameter* and *over 13 met...
ArcelorMittal Suspends Expansion of Brazilian Steel Facility *Mineralogia, Brazil —* In a move signaling caution over market dynamics, *ArcelorMittal has suspended a $460 million expansion project* at its João Monlevada steel plant in Minas Gerais. The decision...
Tata Steel Publishes Environmental Product Declaration for Three Flat Steel Products *Tata Steel Limited* has released *Environmental Product Declarations (EPDs)* for three flat steel products—*steel slab*, *cold rolled closed annealed (CRCA) steel*, and *galvanized steel*—highlightin...
Canadian Steelworkers Call on Government to Protect Jobs Amid US Tariffs The *United Steelworkers (USW)* union is urging the Canadian federal government to *take stronger measures* to protect jobs and industries in response to steep US tariffs introduced by *President Dona...
Australia Extends Antidumping Duty Investigation on Rebar from China Australia’s *Antidumping Commission* has *extended the deadline* for its investigation into *rebar imports from China*, which began in *May 2025*. The *final report*—covering April 1, 2024, to March ...
Japan Launches Antidumping Probe on Hot-Dip Galvanized Steel from South Korea and China Japan’s *Ministry of Economy, Trade and Industry (METI)*, in cooperation with the Ministry of Finance, has *initiated an antidumping duty (AD) investigation* on *hot dip galvanized (HDG) steel coils, ...
Severstal Boosts Power Self-Sufficiency with RUB 800 Million Turbine Upgrade Russian steelmaker *Severstal* has completed the *modernization of turbine unit No. 2* at the combined heat and power plant of the Cherepovets Iron and Steel Works (*CherMK*). The upgrade increases th...
