MEPS analysis: Draft EU benchmarks reveal future CBAM cost structure

Sheffield - According to the draft seen by MEPS, imported steel with embedded emissions below the benchmark for its product category will incur a CBAM levy equal to 2.5% of the EU carbon cost in 2026.

19. Nov 2025

Tenova starts up Bolivia’s first Direct Reduced Iron plant for Sinosteel

Castellanza - The new ENERGIRON “DR Micro-Module” is Bolivia’s first DRI plant and is designed to produce 250,000 tonnes per year.

19. Nov 2025

Austria’s Koralmbahn enters service – Voestalpine delivers rails and turnouts

Linz - The company supplied the complete rail infrastructure for the 130-km route, including the 33-km Koralm Tunnel — Austria’s longest rail tunnel.

17. Nov 2025

Assofermet warns of disruption from upcoming EU safeguard on ferroalloy imports

Milan - According to the association, which issued the statement at national level, the planned safeguard could significantly restrict supply.

17. Nov 2025

Industry reaction: GW criticises delays in Germany’s power plant strategy

Berlin - German Gas and Hydrogen Industry Association has welcomed decision to tender ten gigawatts of new dispatchable power capacity from 2026 as an “important start”.

16. Nov 2025

Worldsteel: Global steel industry expands sustainability reporting

Brussels - The World Steel Association (worldsteel) has released its Sustainability Indicators Report 2025.

12. Nov 2025

European Commission allocates €2.9 billion to 61 net-zero technology projects

Brussels - The selected projects cover 19 industrial sectors in 18 countries.

7. Nov 2025

Endress+Hauser expands production site in Waldheim in Saxonia

Reinach - The investment of around €35 million nearly doubles the site’s usable area to more than 18,000 square meters.

7. Nov 2025

Assofermet: No risk of scrap shortage in the EU, JRC report confirms

Milan - EU’s ferrous scrap supply will continue to exceed domestic demand for the foreseeable future.

7. Nov 2025

German trade union calls for rapid implementation of steel commitments

Berlin - IG Metall welcomed the federal government’s announcement that it will push in Brussels for robust trade defence measures, including protective tariffs.

6. Nov 2025

German government and steel industry agree on roadmap for competitiveness

Berlin - “We need a genuine steel strategy that creates competitive conditions for the industry,” said Chancellor Friedrich Merz.

6. Nov 2025

Thyssenkrupp Steel: Marie Jaroni appointed CEO and extends contract for five years

Duisburg - CFO Philipp Conze’s contract renewed – Dennis Grimm to leave the company by mutual agreement.

4. Nov 2025