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Steel
EUROFER welcomes EU Parliament support for low-carbon steel in vehicles
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
Chery and Shougang’s jointly developed automotive components made from steel with 55% recycled content roll off production line
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
Millcon Burapa, Kobelco Millcon Steel sign MOU on technology transfer for automotive steel in Thailand
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
Fiat to use locally produced cold-rolled steel coils in car bodies in Algeria
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
Trump touts plan for USD 15 billion Mesabi Metallics steel plant in Iowa
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
POSCO starts construction of automotive hot-dip galvanized steel sheet plant at Gwangyang Works, completion due in 2028
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,
Hyundai Steel breaks ground on USD 5.8 billion Louisiana steel mill
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
European commission establishes requirements to comply traceability of EU Steel Regulation
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
BMW develops more sustainable vehicle materials through FSCM project
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
JSW Steel, India selects ANDRITZ, Austria, to supply new galvanizing line for automotive steels
On August 25, JSW Steel selected international technology group ANDRITZ to supply a continuous galvanizing line for its steel plant in Toranagallu, Karnataka, India. The line will produce high-quality galvanized steel, including Advanced High-Strength Steel (AHSS) grades, for demanding automotive applications.
AHSS i
Fire at Daido Steel’s Chita Plant extinguished, suspended equipment to restart
Daido Steel Co., Ltd. announced that the Tokai City Fire Department declared a fire at the scrapyard of its Chita Plant in Tokai, Aichi Prefecture, extinguished at 7:55 a.m. on August 16. The fire had broken out on the night of August 11. No equipment was damaged, but one worker sustained a burn on the top of the foo
Sandhar, India, updates on upcoming plants
On August 12, Sandhar Technologies Limited, in an investor update, announced that its new plant for the aluminum die casting business in Avigna Industrial Park, Hosur, Tamil Nadu, is progressing well. It is one of the largest casting business facilities in Sandhar. Phase-1 of the plant is expected to start by the end
Waelzholz starts construction of first manufacturing plant in Mexico
On August 12, Waelzholz announced the start of construction of its first manufacturing plant in Mexico with an investment of MXN 1.2 billion.
Located in Ramos Arizpe, Coahuila, the facility is scheduled to begin operations in mid-2028 with an initial production capacity of up to 50,000 metric tons per year of cold-ro
Hydnum Steel, Spain, raises investment to build clean steel plant
On August 5, Hydnum Steel secured a EUR 150 million investment commitment from the Co-investment Fund (FOCO), managed by COFIDES. The investment will help Hydnum Steel to construct its industrial complex in Puertollano (Ciudad Real), the Iberian Peninsula’s first clean steel plant.
The company plans to commence earth
thyssenkrupp Rasselstein builds on-site photovoltaic system for green electricity supply
thyssenkrupp AG (thyssenkrupp) announced that thyssenkrupp Rasselstein GmbH is constructing a large-scale ground-mounted photovoltaic (PV) system on its Andernach plant grounds in Germany, with completion scheduled for mid-2027.
The project is being carried out in collaboration with VSB Integrated Energy Solutions Gm
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