Made in Steel 2025 Opens with Urgent Call for EU Steel Strategy Reform * At the opening of Made in Steel 2025 on May 6, top industry leaders and policymakers delivered a stark message: Europe’s steel sector is under mounting pressure and urgently needs a credible, compet...
Thyssenkrupp Reaches Deal with IG Metall to Avert Layoffs Amid Restructuring *German steelmaker thyssenkrupp Steel has reached an agreement in principle with industrial union IG Metall to avoid layoffs as part of its major restructuring plan*, the company announced this week. ...
US Confirms Continuation of Antidumping Duties on Chinese Steel Threaded Rod *The US Department of Commerce (DOC) has finalized its decision to maintain antidumping (AD) duties on imports of steel threaded rod from China*, following a sunset review of the trade measure. In it...
EU Considers Countermeasures Against US Tariffs, Eyes Restrictions on Scrap Exports *The European Commission has launched a public consultation on potential countermeasures targeting €95 billion worth of US imports*, amid rising trade tensions over American tariffs on EU goods. The ...
US and China Agree to Major Tariff Rollback After Breakthrough Geneva Talks *In a significant step toward easing trade tensions, the United States and China have reached an agreement to roll back retaliatory tariffs*, following a high-level negotiation in Geneva, Switzerland....
Hydnum Steel Signs Green Steel Deal with Kingspan to Support Construction Decarbonization *Spanish steelmaker Hydnum Steel has entered into a green steel supply agreement with Ireland-based Kingspan Group*, marking a significant step toward *decarbonizing the construction industry*, the co...
POSCO and LG Chem Launch CCU Project to Decarbonize Steelmaking * South Korean giants LG Chem and POSCO Holdings have entered into a strategic partnership to decarbonize the steel industry through a large-scale carbon capture and utilization (CCU) project*, the co...
Pasini at Made in Steel 2025: Italian Steel Resilient, But EU Must Act Fast *Speaking at the 2025 edition of Made in Steel, Giuseppe Pasini, chairman of Feralpi Group and president of Confindustria Lombardia, delivered a pointed critique of European industrial policy while af...
U.S. and U.K. Strike $6 Billion Trade Deal *The United States and the United Kingdom have reached a sweeping $6 billion trade agreement that includes the removal of U.S. tariffs on British steel and aluminum*, along with significant *reduction...
India’s MOIL Slashes Manganese Ore Prices for May Deliveries *State-owned miner MOIL Limited has announced price cuts across all grades of manganese ore for May 2025 deliveries*, company sources confirmed on *Thursday, May 8*. According to the sources, *the pr...
U.S. Finalizes AD/CVD Review on Chinese Rectangular Pipe; Confirms No Shipments by Hoa Phat *The U.S. Department of Commerce (DOC) has released the final results of its administrative reviews concerning antidumping (AD) and countervailing duties (CVD) on light-walled rectangular pipe and tub...
Gerdau Cancels $600 Million Mexican Steel Plant Over U.S. Tariff Uncertainty *MEXICO CITY – Brazilian steelmaker Gerdau has officially scrapped plans to build a $600 million special steel plant in Mexico*, citing *uncertainty surrounding U.S. tariffs on steel imports* as the p...
