Reported on July 12, 2025, Thai auto parts manufacturers are bracing for the impact of steep U.S. tariffs and volatile global steel prices, which are two developments threatening to disrupt the automotive supply chain. The Federation of Thai Industries (FTI)’s Auto Parts Industry Club recently convened to address the

On July 14, Tata Steel announced a groundbreaking event for its electric arc furnace (EAF) facility in Port Talbot. This is part of a GBP 1.25 billion transformation to low-CO2 steelmaking, supported by a GBP 500 million investment from the UK Government. EAF will be commissioned at the end of 2027. 
It is expected t

thyssenkrupp Steel Europe AG and the IG Metall union have reached a new collective restructuring agreement, Steel Realignment, to secure the company’s long-term competitiveness.
The new agreement, which runs until September 30, 2030, builds on the industrial concept presented in November 2024 and the agreement in pri

On July 9, the Minister of Industry, Algeria visited the Tosyali iron and steel complex in the municipality of Bethioua, Oran. Tosyali iron and steel complex is working on a new expansion project for flat iron production for the automotive and vehicle industry. It will help to develop the local supply chain for the a

On July 9, Tata Steel UK announced a new research initiative, ADAPT-EAF (Accelerating the Development of Automotive and Packaging steel Technology for Electric Arc Furnace production) aimed at developing a new generation of advanced steel products from its EAF. It will address controlling residual elements in high-re

thyssenkrupp AG (thyssenkrupp)’s subsidiary, thyssenkrupp Steel Europe AG, has launched its new high-tech facilities at the Duisburg location in Germany, following around two years of construction and assembly work.
With an investment of around EUR 800 million, the facilities focus on producing stronger, thinner prem

Reported on June 30, 2025, the Federation of Thai Industries (FTI) has called on the Industry Ministry to implement strict controls to address the oversupply of rolled steel in Thailand. 
A freeze on new factory construction and capacity expansion for at least 5 years was recommended. The current oversupply situation

On July 2, PPG and ArcelorMittal announced a major step forward in reducing the carbon footprint of automotive manufacturing. The collaboration combines advanced steelmaking technologies with next-generation electrocoat solutions. The results were presented at the SURCAR automotive painting conference in Cannes, Fran

thyssenkrupp AG (thyssenkrupp)’s subsidiary, thyssenkrupp Hohenlimburg, has invested a low double-digit million-euro amount to modernize Walking Beam Furnace 3 (HBO 3) at its site in Germany.
The modernization ensures compliance with future environmental and safety regulations, reduces energy consumption, enables hyd

On June 26, SSAB entered into an agreement with Polmotors, a Tier automotive 1 supplier, for the future supplies of fossil-free steel for their structural automotive components and assemblies.
The collaboration aims to explore the potential of fossil-free materials in tough automotive applications by combining SSAB’s

On June 23, Louisiana's Clean Hydrogen Task Force was briefed by Hyundai officials outlining their USD 6 billion vision for a hydrogen-integrated steel mill in Ascension Parish that is projected to be operational by 2029, calling it a "catalyst for the hydrogen ecosystem" in the state.
Hyundai North America Senior Vi

On June 24, voestalpine announced that it has been selected by BYD as the first supplier for its new plant in Hungary. Starting in autumn 2025, voestalpine will supply high-quality flat steel for car bodies and outer skin components to BYD in Szeged, Hungary, from its Linz plant. 
voestalpine has set new standards in

On June 18, Salzgitter Group and Volvo Cars announced that they are expanding their partnership. In 2026, significant amounts of steel scrap from the Volvo Cars’ body parts plant in Olofström in southern Sweden will be sold to the Salzgitter AG steelworks. Salzgitter Group will feed it back into the production proces

On June 19, Canadian Prime Minister Mark Carney announced new measures to help stabilize Canada's steel and aluminum sectors that have been hard hit by U.S. President Trump's tariffs, made even worse with low-price imported steel being directed to Canada. 
The new federal program includes a quota on foreign steel and

On June 18, Nippon Steel Corporation, together with its wholly owned subsidiary Nippon Steel North America, Inc. and United States Steel Corporation, announced they have finalized their historic partnership. 
The companies have now completed the transaction as contemplated by their merger agreement, and have also ent

On June 13, Korean multiple sources reported that Hyundai Steel has signed a deal to supply GM Korea with approximately 100,000 tons of automotive steel annually, starting as early as September. This supply will replace the volume previously sourced from China’s Baoshan Iron & Steel, the world’s largest steelmaker by

On June 12, Volvo Cars signed a new agreement with SSAB for the supply of high-quality, recycled, and near-zero-emission steel starting in 2025. Volvo Cars is the first car maker to sign a supply agreement with SSAB for recycled, near-zero-emission steel for serial production deliveries.
The recycled steel will be us