Latin American steel industry raises concerns over impact of unfair trade

Monerrey - Event brought together international experts and policymakers to discuss challenges facing the Latin American steel sector.

16 May 2025

EU Parliament supports extension of trade liberalisation for Ukrainian imports

Strasbourg - European Parliament has voted to extend the suspension of import duties and quotas on select goods from Ukraine, including iron and steel, beyond the current expiration date of June 5, 2025.

16 May 2025

Blastr: Joddböle zoning approved, company signs land use deal in Inkoo

Helsinki - Key milestone in the development of a proposed low-emission steel plant and hydrogen production facility in the Joddböle industrial area.

16 May 2025

Feralpi investes over €220 million in green steel production in Saxony

Riesa - With the commissioning of a new spooler rolling mill, around 100 new industrial jobs will be created in the region.

16 May 2025

SMS Group delivers high-efficiency HybrEx extrusion line to Hydro Gainesville

Düsseldorf - The eight-inch, 25-meganewton line is designed to enhance production efficiency, safety, and sustainability.

15 May 2025

Eurometal marks 75th anniversary with industry conference in Luxembourg

Brussels - The event will bring together senior figures from across the European and global steel value chain to reflect on market developments and discuss future strategies.

15 May 2025

Assofermet calls for concrete EU action to stimulate steel demand

Milan - Assofermet emphasizes that the core challenge facing the steel sector is the persistent weakness in EU steel consumption—particularly among end-use sectors.

14 May 2025

Oryx Stainless Opens New Flagship Facility in Johor, Malaysia

Pasir Gudang - In its initial phase, the state-of-the-art plant is designed to process up to 150,000 tonnes of stainless steel scrap annually.

14 May 2025

Outokumpu grants SMS group final acceptance for mill modernization

Helsinki - The upgrade is expected to secure the long-term operation of the mill while reducing maintenance requirements and downtime.

08 May 2025

Steel industry confronts decarbonisation challenges at Made in Steel 2025

Milan - While significant strides have been made, participants acknowledged that economic pressures and geopolitical uncertainties are complicating the path forward.

08 May 2025

UK and US announce landmark tariff agreement aimed at safeguarding jobs

London/Washington - Under the agreement, the U.S. will reduce tariffs on British car exports from 27.5% to 10% for up to 100,000 vehicles annually. Steel and aluminum tariffs, previously set at 25%, will be eliminated entirely.

08 May 2025

US-China trade war projected to have immense economic impact—mainly on the US

Kiel - Recent simulations conducted using the KITE model by the Kiel Institute for the World Economy.

07 May 2025

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