Canada and Ontario announce $5.2 billion steel industry support package

Ottawa - The agreement, unveiled by Prime Minister Mark Carney and Ontario Premier Doug Ford on October 21, 2026, includes C$8.7 billion in investments and support measures for the steel, automotive and critical minerals sectors.

27. Oct 2026

Dutch steel association warns of uneven EU stainless steel import rules

Utrecht - According to the association, companies importing stainless steel products from Asia face different conditions depending on the EU member state through which the materials enter the European market.

27. Oct 2026

Swiss Steel and Canada Nickel plan long-term low-carbon steel partnership

Lucerne - The proposed agreement could provide Swiss Steel with exclusive access to approximately one million tonnes of billets and blooms annually from 2030.

27. Oct 2026

Thyssenkrupp schedules tk accelis stock market listing for October 28

Essen - The transaction forms part of the group's strategic restructuring, which aims to establish a financial holding company with independently operating businesses.

22. Oct 2026

EU Parliament backs incentives for low-carbon steel in car production

Brussels - The European Steel Association (EUROFER) has welcomed the initiative, arguing that it could stimulate demand for low-emission steel and support investment in European steelmaking.

22. Oct 2026

UK steelmakers face widening electricity price gap with European rivals

London - UK Steel: British steel producers are expected to pay 49% more for electricity than their French competitors and 15% more than German steelmakers in 2026/27.

21. Oct 2026

Megasa awards Danieli contract to modernize rolling mill in Portugal

Buttrio - The modernization project aims to improve product quality, process efficiency and operational reliability through upgrades to billet heating, rolling equipment and automation.

21. Oct 2026

Tenova advances electrical steel processing project for JSW JFE in India

Castellanza - The project aims to strengthen domestic production of grain-oriented electrical steel (GOES), a specialised material designed to minimise energy losses in transformer cores.

15. Oct 2026

UK steel import quotas tighten trade amid weak demand and uncertainty

Sheffield - The UK introduced revised tariff-rate quotas (TRQs) on July 1, 2026, alongside a 50% tariff on imports exceeding the permitted volumes.

14. Oct 2026

JFE Steel starts Japan’s first stamp-charging coke oven battery

Fukuyama - The facility is the country's first stamp-charging coke oven battery and has an annual production capacity of 420,000 tonnes.

14. Oct 2026

Nippon Steel supplies 2.0 GPa hot-stamping steel for Nissan ELGRAND

Tokyo - The steel, designated 2.0G AL-HS, combines ultra-high strength with resistance to hydrogen-related cracking, addressing a major challenge in the development of lighter automotive body structures.

14. Oct 2026

EU steelmakers restart 10 million tonnes of production capacity in 2026

Brussels - EUROFER estimates that the resumption of production has helped preserve up to 80,000 jobs across the European steel value chain.

14. Oct 2026

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