On October 8, the China Chamber of Commerce in the European Union (CCCEU) raised concern regarding the EU's steel import restrictions. CCCEU stated that the EU's proposed steel import restrictions were a "protectionist step" that could negatively impact global trade stability and downstream industries.
While the CCC
On October 8, Gestamp and primary metals producer Hydnum Steel signed an agreement to use clean steel produced with renewable energy and green hydrogen for the manufacturing of automotive components. Gestamp, through its metal recycling subsidiary, Gescrap, will supply high-quality steel scrap from stamping processes
On October 7, the European Commission presented a proposal to protect the EU steel sector from the unfair impacts of global overcapacity. The proposal upholds the principle of open trade and enhances engagement with global partners to address overcapacity. The proposal will replace the steel safeguard measure that is
On October 6, 2025, Vingroup Corporation announced the formation of VinMetal Production and Trading Joint Stock Company. The new subsidiary aims to meet material needs within the Vingroup ecosystem and contribute to the growth of Vietnam’s heavy industry.
Headquartered in Hanoi, VinMetal begins operations with a char
On October 1, ArcelorMittal Tailored Blanks North America (AMTB) announced plans for a 154,000 square-foot plant in Ingersoll, Ontario.
Construction of the new plant is already underway and production equipment is set to start arriving at the plant in late 2025. Installation and commissioning will run through the fi
On September 30, Meneta Group announced that it has produced automotive brake components with SSAB Zero, a recycled steel made with fossil-free energy. By integrating SSAB Zero into their global manufacturing, Meneta’s customers can achieve up to 60% lower CO₂ emissions, compared to conventional steel, while maintain
On September 11, it was reported that Steelform, a Swiss-American automotive supplier formed from the merger of Steel Warehouse and Forming AG, began construction of a new plant in Pesquería, Nuevo León, Mexico.
The project represents a USD 60 million investment and is expected to generate more than 100 formal jobs.
On September 1, Mukand Sumi Special Steel Limited (MSSSL) announced it is constructing a greenfield integrated steelmaking facility at Kanakapura, Koppal, Karnataka. A joint venture between India’s Bajaj Group and Sumitomo Corporation, MSSSL continues to strengthen its position as a leading special steel manufacturer
On September 2, Stahl, a Netherlands based firm specializing in coatings for flexible materials, launched RelcaDur, a new bonding agent that connects rubber to surfaces such as steel, aluminium, and plastic.
It is a two-layer system i.e., a primer and a bonding agent. Unlike traditional solvent-based adhesives used i
South Korea’s Posco Group announced that it had reached a basic agreement with India’s JSW Group for a full-scale business partnership. In October 2024, the two parties signed a memorandum of understanding (MOU) for a partnership in some business areas, including steel and secondary battery materials. The production
On August 21, Mercedes Benz and TSR Group GmbH & Co. KG announced that they are expanding their 2024 partnership with an “urban mining” pilot project to recycle end-of-life vehicles. The goal is to recover high-quality raw materials and reuse them in new Mercedes-Benz cars.
Starting in summer 2025, vehicles in northw
On August 19, 2025, the U.S. Department of Commerce announced that it is expanding the list of goods subject to Section 232 tariffs on steel and aluminum imports. The Department of Commerce will add 407 additional product categories to the list of derivative steel and aluminum products covered by the sectoral tariffs
According to multiple reports, Cleveland-Cliffs Inc., the second-largest steelmaker in the U.S., has signed fixed-price steel supply contracts with multiple U.S. automakers. Notably, these contracts have durations extending up to three years, whereas steel contracts to automakers traditionally have a shorter duration
On August 15, 2025, prior to leaving for a meeting with Russian President Vladimir Putin, U.S. President Donald Trump said that he plans to set sector-specific tariffs on steel and semiconductor imports in the coming weeks.
"I'll be setting tariffs next week and the week after on steel and on, I would say, chips." Tr
Announced on August 4, 2025, Yongjin Metal Technology (Thailand) Co., Ltd. broke ground on its new plant at WHA Eastern Seaboard Industrial Estate 3 (Chonburi), investing over THB 4.5 billion on a 179,000 sqm site. The project reflects the group’s confidence in Thailand as a key regional manufacturing base.
Part of C
On July 23, BMW announced that its Steyr plant, Austria collaborated with voestalpine Stahl GmbH for advanced electrical steel from voestalpine’s Linz site, which will be used in BMW’s next-generation electric motors.
The advanced steel will be used in the rotors and stators of BMW’s sixth-generation (Gen6) electric
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
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