European Parliament backs tougher steel safeguards against global overcapacity

Brussels - The new regulation, which will replace the current steel safeguard measures expiring on June 30, 2026, introduces significantly stricter import restrictions.

20. May 2026

ABB launches low-range emissions monitoring system for stricter EU standards

Zurich - The ACF5000 LCS is currently the only certified low-range CEMS on the market and is capable of measuring emissions at single-digit parts-per-million levels.

20. May 2026

British Steel nationalisation welcomed as key step to protect UK industrial base

London - UK steel stressed that maintaining domestic steel production remains essential for sectors such as infrastructure, construction, energy, rail and manufacturing.

19. May 2026

VinMetal partners with Primetals Technologies on steel project in Vietnam

Hanoi / London - The agreement covers two new production lines for long and flat steel products and marks a major investment aimed at strengthening the competitiveness of Vietnam’s steel industry.

15. May 2026

Industry coalition calls for stronger low-carbon steel rules under ESPR

Brussels - According to the coalition, the proposed performance classes fail to clearly differentiate between conventional and genuinely low-carbon steelmaking routes.

15. May 2026

HYUNDAI-POSCO Louisiana Steel selects SMS technology for new steel plant

Mönchengladbach - The greenfield facility, backed by Hyundai Steel, POSCO, Hyundai Motor Company and Kia, is scheduled to start operations in 2029.

13. May 2026

Assofermet: Italian steel market remains under pressure amid weak demand

Milan - Italian association says sales volumes and values declined across large parts of the market compared with April 2025, as customers continued to purchase only material required for confirmed orders.

11. May 2026

Thyssenkrupp Steel appoints Georgios Giovanakis as Chief Sales Officer

Duisburg - In his new role, Giovanakis will lead the company’s newly established standalone Sales division.

8. May 2026

EUROFER warns weak origin rules threaten EU steel competitiveness

Brussels - Axel Eggert: "If Europe wants to decarbonise its steel industry, it must create demand for low-carbon steel made in Europe."

8. May 2026

Metso invests in new Argentina hub to support copper and gold mining sector

Helsinki - The company will open a new office in San Juan during the second quarter of 2026, expanding its footprint in one of Argentina’s key mining regions.

8. May 2026

Vianode targets Asian battery market with JR Energy Solution deal

Oslo - The agreement covers potential deliveries from Vianode’s Via ONE plant in Norway, with future supply expected to transition to the company’s planned Via TWO facility in Ontario, Canada.

6. May 2026

MEPS: New steel investments and trade measures reshape global market

Sheffield - Global steelmakers continue to invest in new production capacity, downstream upgrades and decarbonisation projects, while Europe and the UK tighten trade protection measures.

6. May 2026