Cleveland-Cliffs Cancels $500M Hydrogen Steel Project Amid Hydrogen Supply Issues and Policy Uncertainty *Cleveland-Cliffs Inc.*, a major U.S. mining and natural resources firm, has *scrapped its planned $500 million hydrogen-based steel plant* in Middletown, Ohio, citing *insufficient availability of cl...
Brazil Weighs Response as U.S. Raises Steel Import Tariffs to 50 Percent *Brazil is taking a cautious yet strategic approach to the United States’ decision to double its steel import tariffs to 50 percent*, according to Marco Pollo Melo Lopes, executive president of the Br...
Ashry Steel to Invest Over €600 Million in New Stainless Steel Pipe Plant in Egypt *Egyptian steel manufacturer Ashry Steel Group has announced plans to invest more than €600 million ($685 million) in the construction of a new stainless steel pipe plant*, according to local media re...
EUROFER: New EU trade measures needed in face of US tariffs *The European Steel Association (EUROFER) has called for immediate action from the European Commission in response to the United States' decision to double tariffs on steel imports to 50 percent.* The...
Jindal Stainless Secures Clean Energy Supply *Jindal Stainless Limited (JSL)* has acquired a stake in a *special purpose vehicle (SPV)* to develop *282 megawatts (MW) of hybrid renewable energy*, marking a major step in the company's clean energ...
EU Drops Antidumping Probe on Chinese Seamless Pipe Imports After Complaint Withdrawal The *European Commission has officially terminated its antidumping investigation* into imports of certain *seamless steel pipes from China*, following the withdrawal of the original complaint by the *...
U.S. Races to Finalize Trade Deals Before Tariff Hike, Global Leaders React Sharply The *United States is urging trade partners to submit their final offers by Wednesday, June 4*, as it prepares to implement a *sharp increase in tariffs on steel and aluminum imports*. The Biden admi...
Brazil Launches Antidumping Probe into Chinese Steel Imports Amid Surging Volumes The Brazilian Secretariat of Foreign Trade (*SECEX*) has *formally launched an antidumping investigation* into hot-rolled coil (*HRC*) steel imports from China, citing concerns over potential unfair p...
US Tool Steel Exports Surge 38.5% in March *Tool steel exports from the United States jumped by 38.5 percent in March 2025 compared to February*, according to the latest data from the *U.S. Department of Commerce*. The U.S. exported *7,184 met...
China Targets 80% Ultra-Low Emission Steel Production by End of 2025 China’s steel industry is on track to achieve ultra-low emissions for 80% of its production capacity by the end of 2025. As of April, approximately 591 million tons of capacity have met full ultra-low...
India Enforces ‘Melt and Pour’ Rule to Boost Domestic Steel Usage The Indian government has revised its steel procurement policy, introducing the ‘Melt and Pour’ rule to prioritize domestically produced steel in government projects. This mandates that steel must be ...
Ukraine Faces Urgent Need to Protect Domestic Steel Market Ukraine’s steel industry is under pressure as imports, particularly from Turkey, continue to rise. Turkish steel now accounts for over 50% of Ukraine’s imports, with projections indicating it could ex...