SSAB Secures €430 Million in Green Financing to Complete Luleå Steel Mill Transformation Swedish specialty steel producer *SSAB* has successfully raised an additional *€430 million in green financing*, completing the full funding for its *€4.5 billion transformation project* in *Luleå, Sw...
EU Launches New State Aid Framework to Accelerate Clean Tech and Industrial Decarbonization The *European Commission* has uanveiled the *Clean Industrial Deal State Aid Framework (CISAF)*, a new regulation aimed at helping *EU member states fast-track the transition to clean energy, industri...
India Proposes Greenhouse Gas Intensity Targets for Key Industries Including Iron and Steel In a major move toward industrial decarbonization, *India's Ministry of Environment, Forest and Climate Change (MoEFCC)* has released a *draft consultation paper* proposing *greenhouse gas (GHG) emiss...
Tokyo Steel Taps Primetals Technologies for Galvanizing Line Upgrade at Okayama Works *Tokyo Steel*, one of Japan's leading electric arc furnace-based steelmakers, has awarded a contract to *UK-based Primetals Technologies* to upgrade its *hot dip galvanizing line* at the *Okayama Work...
Thailand Enforces New Import Standards on Hot-Rolled Flat Steel Starting Late 2025 Thailand’s *Ministry of Industry* has announced that *hot-rolled flat steel imports for general structural use must comply with the Thai Industrial Standards Institute’s (TISI) new standard 1479-2566*...
Argentina’s Crude Steel Output Rises 12.3% Year-on-Year in May 2025 *Argentina's crude steel production reached 350,300 metric tons in May*, marking a *12.3% increase compared to May 2024*, according to data released by the *Argentine chamber of the steel industry (Ac...
US Standard Pipe Imports Fall 3.4% in April 2025, Despite Year-on-Year Growth *U.S. imports of standard pipe totaled 66,749 metric tons in April 2025*, reflecting a *3.4% decline from March*, according to *final census data from the U.S. Department of Commerce*. Despite the mon...
Taiwan Imposes Temporary Anti-Dumping Duties on Chinese Hot-Rolled Steel Imports Taiwan has announced the imposition of *temporary anti-dumping duties on certain Chinese hot-rolled steel products*, following a preliminary investigation that found evidence of unfair pricing practic...
Fitch Ratings Holds Iron Ore, Coking Coal Price Forecasts Steady Through 2026 Amid Weak Chinese Demand *Fitch Ratings* has maintained its price forecasts for *coking coal and iron ore* through *2025 and 2026*, citing continued pressure from *sluggish steel demand in China* and broader global economic u...
India's Stainless Steel Demand Sees 8% Growth in FY 2024-25 Amid Import Challenges India's domestic stainless steel consumption rose to *4.85 million metric tons* in the fiscal year *2024-25*, marking an *8 percent increase year-on-year*, according to the *Indian Stainless Steel Dev...
Global Crude Steel Output Falls 3.8% in May Amid Sharp Declines in Asia *Global crude steel production dropped by 3.8% year on year in May 2025*, totaling *158.8 million metric tons*, according to data released by the *World Steel Association (worldsteel)*. For the *Janu...
UK Steel Applauds Industrial Strategy Targeting Lower Energy Costs *UK Steel, the leading trade association for the British steel industry, has welcomed the UK government’s new Industrial Strategy*, which aims to *cut industrial electricity costs* and *boost the sect...
