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EU’s Renewable Energy Share Rises to 46.9% in 2024, Strengthening Green Transition Goals
The share of *renewable energy in the EU’s electricity mix climbed to 46.9% in 2024*, according to preliminary estimates. This marks a significant rise from 44.4% in 2023, reflecting the bloc’s accele...
mars 24, 2025
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Blastr Green Steel's Finnish Plant Advances with Environmental Approval
Blastr Green Steel has achieved a significant milestone for its proposed low-emission steel plant in Inkoo, Finland, by successfully completing the Environmental Impact Assessment (EIA) process. This ...
mars 24, 2025
0 858


Ukraine's Steel Trade Strengthens in February: Flat Imports Rise, Long Exports Surge
Ukraine’s steel industry showed positive movement in February 2024, with notable increases in both *flat product imports* and *long product exports*, reflecting a recovering market and growing trade a...
mars 24, 2025
0 870


Federacciai Criticizes EU Steel Plan, Highlights Key Uncertainties
*The European Commission's "European Steel and Metals Action Plan,"* presented on March 18, aims to shape the future of the steel sector amid ecological transitions and global challenges. However, *Fe...
mars 21, 2025
0 886


JFE Steel Subsidiary Acquires Maruhachi Steel Pipe to Strengthen Market Position
*JFE Shoji Steel Pipe & Tube Co., Ltd*, a subsidiary of Japanese steel producer *JFE Steel Corporation*, has announced the acquisition of *Maruhachi Steel Pipe Co., Ltd.*, a prominent steel pipe manuf...
mars 21, 2025
0 1087


Vallourec Brazil Set to Boost Pellet Production to Meet Steel Industry Demand
*Vallourec Brazil*, a subsidiary of the French pipe manufacturer *Vallourec*, has announced plans to *increase its pellet production capacity to over 1.2 million metric tons (mt) per year*. The compan...
mars 21, 2025
0 1039


EU Unveils Steel and Metals Action Plan to Boost Industry Competitiveness and Secure Energy Supply
*The European Commission (EC) has launched its final version of the Steel and Metals Action Plan,* aimed at enhancing the competitiveness of the steel and metals industry while addressing challenges s...
mars 21, 2025
0 996


Taiwan Extends Antidumping Duties on Cold Rolled Stainless Steel Imports from China and South Korea
*Taiwan's Ministry of Economic Affairs (MOEA) has confirmed the extension of antidumping duties (AD) on cold rolled stainless steel imports* from China and South Korea following the final results of t...
mars 21, 2025
0 956


Fitch Predicts Pressure on Indian Steel Prices, Ratings Upgrades at Risk for Major Mills
*Indian steel prices are expected to remain under pressure in the next fiscal year (2025-26),* as local mills struggle with increasing imports from China and the rising risks of aggressive tariff poli...
mars 21, 2025
0 917


Steel Dynamics Anticipates Stronger Earnings and Steel Operations in Q1 2025
*Steel Dynamics (SDI)*, a major U.S.-based steel producer, has provided an optimistic *earnings guidance* for the first quarter of 2025, expecting *earnings in the range of $1.36 to $1.40 per diluted ...
mars 20, 2025
0 982


Blastr Green Steel’s Low-Emission Steel Plant in Finland Receives Environmental Approval
*Blastr Green Steel*, a Norwegian developer focused on decarbonized steel, has successfully received *environmental approval* for its planned low-emission steel plant in *Inkoo, Finland*. The project ...
mars 20, 2025
0 931


EU's "Melt and Pour" Clause to Impact Cold Rolled and Coated Steel Suppliers to the Region
The *European Commission* is set to implement a *"melted and poured" rule* as part of its *Steel and Metals Action Plan* to address growing concerns over trade circumvention. The draft of this plan, d...
mars 20, 2025
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