On November 10, Mercedes-Benz presented its updated sustainability strategy and decarbonization plans at the Sustainability Dialogue and Sustainability Update event in Sindelfingen, Germany.
Compared with 2019 levels, Mercedes-Benz aims to reduce carbon emissions by 90% from its own production, 80% during the vehicle
Reported on October 29, 2026, the Deputy Investment, Trade and Industry Minister outlined opportunities for Malaysian steel producers to expand into higher-value applications, particularly in automotive manufacturing, data center infrastructure, and aerospace.
The minister said a new incentive mechanism (NCM), schedu
On October 27, 2026, Ministry of Finance (MOF) and Ministry of Economy, Trade and Industry (METI) announced that cabinet has enacted a cabinet order related to definitive anti-dumping duty on nickel-added cold-rolled stainless steel coil, sheet and strip originating in or exported from China and Taiwan.
The cabinet o
On October 27, Jennifer Thomas, senior vice president of corporate affairs for American Honda said that a pending increase in U.S. tariffs on steel and auto imports from Canada starting January 1 would be “catastrophic” for the industry.
Beyond an upcoming USMCA renewal, the U.S. and Canada are working on a deal to e
Reported on October 26, 2026, a United Thai Nation Party MP warned that a blanket ban on scrap metal imports could prompt automotive manufacturers to relocate production from Thailand to neighboring countries.
The MP argued that scrap metal and compressed car bodies (car bales) are important recycled raw materials fo
On October 21, the European Steel Association (EUROFER) welcomed a compromise reached in the European Parliament on CO2 standards for cars and vans, which includes a dedicated incentive for carmakers to use low-carbon steel Made in the EU.
The compromise agreed by three of the European Parliament’s largest political
On October 14, Chery Holding Group Co., Ltd (Chery Group) announced that automotive components made from steel containing 55% recycled content had officially rolled off the production line at Chery Automobile Co., Ltd (Chery Auto)’s Longshan Testing Center in Wuhu, Anhui Province. The steel was jointly developed by C
Announced on October 9, 2026, Millcon Burapa Co., Ltd. and Kobelco Millcon Steel Co., Ltd. signed a memorandum of understanding (MOU) in Thailand to cooperate on technical support and technology transfer for producing long steel billets for special steel used in the automotive industry.
Under the concept “From Thai S
On October 3, multiple sources reported that the President of Algeria announced that locally produced cold-rolled steel coils will be used in the manufacturing and assembly of cars in Algeria starting in 2027. It will be used in the assembly and manufacturing of Fiat car bodies locally. Fiat will also use locally pro
On September 28, multiple sources reported that President Trump announced Mesabi Metallics’ plan to invest about USD 15 billion to build what would be the largest steel plant of its kind in U.S. history.
Mesabi Metallics, based in Nashwauk, Minnesota, said the project will deliver “100% American steel: mined, melted
South Korea’s POSCO has started construction of a new hot-dip galvanized steel sheet plant at its Gwangyang Works in South Jeolla Province. The plant is scheduled for completion in 2028 and will specialize in steel sheets for automotive exterior panels. POSCO will invest approximately KRW 480 billion in the facility,
On September 4, Hyundai Steel Company held a ceremonial ground breaking event for its USD 5.8 billion Electric Arc Furnace-based integrated steel mill in Louisiana, the first of its kind in North America.
The new mill in Ascension Parish, Louisiana will be operated by HYUNDAI-POSCO Louisiana Steel LLC (HPLS), a joint
On August 31, the European Commission announced that it has adopted an implementing act establishing the documentary requirements importers must meet to comply with the "melt and pour" traceability provisions of the EU Steel Regulation.
Beginning October 1, 2026, importers must declare the country where steel was ori
On August 25, BMW Group announced that its industry and research partners have developed more sustainable materials for vehicles through the Future Sustainable Car Materials (FSCM) project. The initiative focused on plastics, metals, digital tools and circular design to reduce carbon dioxide emissions and improve mat
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