On June 3, thyssenkrupp Steel announced that it has resumed trial operation at Hot Strip Mill 4 at its Duisburg site following extensive repair work. On October 24, 2025, a fire occurred in the furnace area due to a deflagration. The furnaces and parts of the roof structure were damaged.
The company has repaired or r
On June 1, U.S. President Trump signed a proclamation amending his Section 232 national security tariffs on some aluminum, steel and copper imports. The proclamation:
Adjusts the tariffs on agricultural equipment, like combines and harvesters, as well as other equipment, like residential heating, air conditioning and
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
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