Steel industry in focus as G7 prepares coordinated response to global challenges

Kananaskis - Ursula von der Leyen: We must tackle distortions in key sectors such as steel and pharmaceuticals.

17. Jun 2025

Assofermet reports weakened steel market in May amid global uncertainty

Milan - Sales volumes fell alongside pricing across most categories. Industry stakeholders attribute this to a combination of global factors.

17. Jun 2025

SSAB and Volvo cars sign agreement for use of fossil-free steel

Stockholm - The collaboration supports both companies' broader sustainability target.

17. Jun 2025

Metso secures major equipment order for iron ore project in Oman

Helsinki - Located around 200 kilometers north of Muscat, the plant is part of Oman’s broader strategy to expand its mining sector and establish itself as a key player in the global market for Direct Reduction (DR) grade iron ore.

17. Jun 2025

Outokumpu and Alstom partner to supply low-emission stainless steel for metro cars

Helsinki - Outokumpu’s Circle Green® stainless steel has a carbon footprint reduction of up to 93% compared to the global industry average, according to company data.

17. Jun 2025

RWI forecasts modest economic recovery for Germany despite trade challenges

Essen - According to its latest forecast, real GDP is projected to grow by 0.3% this year, followed by a stronger rebound of 1.5% in 2026, supported largely by increased public investment.

12. Jun 2025

Tata Steel Nederland joins LESS to advance low-emission steel standards

Ijmuiden - LESS is recognized for developing independent standards for low-emission steel and for managing a corresponding labeling system.

12. Jun 2025

Outokumpu launches EVOLVE strategy with focus on efficiency and long-term value

Helsinki - The EVOLVE strategy introduces a dual focus by categorizing Outokumpu’s operations into "foundational" and "transformative" businesses.

12. Jun 2025

ResponsibleSteel and LESS Aisbl advocate for balanced decarbonisation policy

Brussels -  New policy briefing, The Steel Decarbonisation Scale, calling for a more pragmatic and inclusive strategy for reducing emissions in Europe’s steel sector.

5. Jun 2025

EU Commisioner Roswall: Steel sector central to circular economy

Brussels - Steel and Metals Action Plan presented as a key element in the EU’s resource strategy.

4. Jun 2025

Global industry responds to U.S. steel tariffs, according to MEPS report

Sheffield - Researchers note that many of their U.S.-based contacts link weakened domestic demand to the ongoing unpredictability of the trade environment.

4. Jun 2025