Stellantis Eyes $10 Billion Investment to Expand US Operations *Stellantis* is considering *investing around $10 billion* to expand its *manufacturing footprint in Illinois and Michigan*, according to Bloomberg. The proposed investment would support *plant reope...
Vingroup Enters Vietnam’s Steel Sector with VND 10 Trillion High-Tech Complex *Vingroup* has officially entered the steel industry with the establishment of *VinMetal Joint Stock Company for Manufacturing and Trading*. The company will invest *VND 10 trillion (≈ USD 379 millio...
India Launches Antidumping Probe on Stainless Steel Imports from China, Indonesia, Vietnam *India’s Directorate General of Trade Remedies (DGTR)* has initiated an *antidumping investigation* into *cold rolled stainless steel flat products (300 and 400 series)* from *China, Indonesia, and Vi...
Germany Launches €6 Billion Program to Decarbonize Heavy Industry The *German government* has unveiled a *€6 billion federal funding initiative* to *accelerate decarbonization* in energy-intensive industries, including *steel, chemicals, cement, and glass*, accordin...
ASEAN Plans to Establish Regional Steel Council The *Association of Southeast Asian Nations (ASEAN)* is advancing plans to create an *ASEAN Steel Council*, aimed at *harmonizing steel standards*, *improving construction safety*, and *coordinating i...
Panatere Unveils World’s First Solar Steel Furnaces in Switzerland Swiss recycler *Panatere* has inaugurated the *world’s first two solar furnaces* dedicated to *steel recycling* in *La Chaux-de-Fonds*, marking a *technological breakthrough in circular and low-carbon...
Turkish Steelmakers Call for Tariffs on Chinese and South Korean Rolled Steel The *Turkish Association of Cold-Rolled, Galvanized, and Painted Flat Steel Producers (SOGAD)* has urged the *Ministry of Trade* to impose *temporary antidumping measures* on imports of *cold-rolled, ...
Hasçelik Invests €150 Million in Turkey’s First Green Steel Plant *Turkish steel producer Hasçelik* has officially commissioned its *sixth steel plant* in *Osmaneli, Bilecik province*, with a *€150 million investment* — marking a *major step toward green steel produ...
Vietnam’s Steel Imports Fall 15.3% in September 2025; Scrap Imports Rise Vietnam’s steel imports in *September 2025* reached *1.14 million mt*, marking a *15.3% decline compared to August*, according to data from the *General Department of Customs*. Meanwhile, *scrap impor...
Nippon Steel to Merge Three Pipe Subsidiaries to Streamline Operations *Nippon Steel Corporation* has announced plans to *merge three of its pipe subsidiaries*—including *Kokan Co., Ltd.* and *Nippon Steel Kokan Finetube Co., Ltd.*—into a single entity called *Nippon Ste...
Spain’s Network Steel Secures Renewable Energy Through PPA with Statkraft and Fortia *Statkraft*, Europe’s largest renewable energy producer, and *Fortia Energía*, a major Iberian electricity supplier, have signed a *five-year power purchase agreement (PPA)* with *Network Steel*, one ...
EU Launches Expiry Review of AD Duties on Stainless HR Sheets from Indonesia, China, and Taiwan The *European Commission (EC)* has *initiated an expiry review* of the *antidumping duties on hot rolled stainless steel sheets and coils* from *Indonesia, China, and Taiwan*. The review follows a *J...
