On May 3, Danieli announced that Hyundai‑POSCO Louisiana Steel LLC has selected it for the construction of its new integrated steel plant in Louisiana. The new facility will produce high‑quality hot‑rolled slabs, primarily intended for low‑carbon, high value‑added automotive steel grades for the North American market
On April 28, ArcelorMittal announced it is participating in Mercedes-Benz Trucks' reECONIC project, initiated by Daimler Truck AG in collaboration with FAUN. It brings together 33 partners across the automotive value chain and aims to maximise the use of recycled materials.
ArcelorMittal contributes to this initiativ
On May 2, thyssenkrupp AG and Jindal Steel International decided to pause discussions about the company acquiring a stake in thyssenkrupp Steel Europe. The original assumptions and prerequisites for a potential sale of thyssenkrupp Steel have significantly changed in recent months. thyssenkrupp has made significant p
On April 30, 2026, ArcelorMittal Nippon Steel India (AM/NS India) inaugurated a new Pickling Line and Tandem Cold Mill (PLTCM) at its flagship plant in Hazira, Gujarat. With a capacity of 2 million tonnes per annum (MTPA), the facility will produce high-quality cold-rolled base steel for Advanced High Strength Steel
On April 29, United States Steel Corporation announced a USD 1.9 billion investment to build a new direct reduced iron (DRI) facility at Big River Steel Works in Osceola, Arkansas, the first of its kind in the country, strengthening U.S. Steel's next-generation steelmaking capabilities.
“Our partnership with Nippon S
On April 23, the U.S. government announced that the Trump administration is offering relief from tariffs on steel and aluminum to individual companies if they make detailed commitments to increase U.S. capacity of primary steel and primary aluminum that supports U.S. production capacity for automobiles, medium- and h
On April 28, Cleveland-Cliffs Inc. announced it has entered a three-year strategic partnership with Palantir Technologies to deploy advanced AI‑driven solutions across its internal processes from operations through commercial endeavors.
Cleveland-Cliffs is a leading North America-based steel producer with focus on va
On April 15, it was reported that automakers are increasingly prioritizing the use of low-carbon or “clean steel” in vehicle manufacturing as part of broader efforts to reduce lifecycle emissions.
Steel remains one of the most carbon-intensive materials in vehicle production, accounting for approximately 15% to 27% o
On April 14, Stegra announced that it has agreed in principle on EUR 1.4 billion in new financing from a combination of new and existing investors to complete the construction of its large-scale green steel plant in Boden, Sweden. The round is led by Wallenberg Investments with a consortium including Temasek and IMAS
On April 20, multiple sources reported that Turkish steel manufacturer Tosyali Holding will start automotive steel production in Algeria in the third quarter of 2026. Tosyali is investing USD 2.5 billion to grow its operations. A major part of this investment will add 3 million tons of new capacity in Algeria. The co
On April 13, the European Commission welcomed the political agreement reached between the European Parliament and Council on the measure to protect the EU steelmaking sector against global overcapacity. The new measure sets tariff-free quotas at 18.3 million tonnes per year, with an out-of-quota duty set at 50% for 3
On March 31, multiple sources reported that Iran's largest steel producer, Mobarakeh Steel Company (MSC), had suspended operations following significant damage from attacks in Middle East Conflict. The shutdown could cause long-term problems for Iran’s non-oil industries, affecting sectors like construction and autom
On March 31, ArcelorMittal announced that it is supplying Usibor 1500 XCarb recycled and renewably produced steel for five hot-stamped structural parts used on Renault 5 E-Tech electric, Alpine A290, and Renault 4 E-Tech electric. ArcelorMittal started supplies in September 2025.
This steel grade is produced via scra
On March 31, ArcelorMittal announced that the teams from the electrical steels department at the Mardyck site (Nord) successfully produced the first industrial coil on the new production lines. The electrical steels produced at the Mardyck and Saint Chély d’Apcher (Lozère) sites are critical to the development of e-m
On March 27, KIRCHHOFF Automotive signed a memorandum of understanding (MoU) with Arvedi in Cremona, Italy. The agreement sets the strategic direction for integrating Arvzero steel grades into the KIRCHHOFF Automotive product portfolio in the coming years, making an important contribution to reducing its Scope 3 emis
thyssenkrupp Steel Europe AG, a subsidiary of thyssenkrupp AG, is allocating EUR 2.4 million to upgrade its laboratory facilities at the Duisburg-Schwelgern site in Germany, supporting its transition toward climate-neutral steel production and hydrogen-based processes.
The investment builds on the existing blast furn
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