rade pact.  Speaking at a Council on Foreign Relations event in Washington D.C., Greer said "We're going to have tariffs as ⁠long as we have a giant trade deficit." His comments that the USMCA will not continue as a tariff-free trade pact matches comments he made privately in April that auto and steel tariffs will remain in place under any renegotiated trade agreement. Greer said he wants to see the U.S. trade deficit with Mexico reduced, and ...

News  Updated at: 2026/05/29

project finance completion, construction timelines and updating grant agreements ⁠with the U.S. DOE. Element 25 is also expanding its Butcherbird operations in Western Australia, allowing it ⁠to supply the planned HPMSM facility in Louisiana, as well as customers in the established ferroalloys (steel) market. (multiple sources on May 26, 2026)...

News  Updated at: 2026/05/29

Royal Enfield, India launches Bullet 650 in India On May 28, Royal Enfield launched the Bullet 650 motorcycle for INR 364,856. The motorcycle is powered by a parallel-twin 650cc engine paired with a 6-speed gearbox and a light slipper clutch, and is built around a steel tubular spine frame with Showa suspension featuring 41mm front forks with 120mm travel and twin-tube rear hydraulics with 112mm travel.  The motorcycle was globally showcased at ...

News  Updated at: 2026/05/28

date, CIE Automotive India announced that its European operations carry a significant dependency on forged crankshafts, a product category that is not required in electric vehicles. To offset the potential long-term decline in crankshaft demand, the company is pivoting its European portfolio toward steel and aluminium parts that remain unaffected by the EV transition, including battery plates, aluminium knuckles, and differential crowns. It is al...

News  Updated at: 2026/05/27

JFE Steel's proprietary technology for stabilizing spot welding adopted by automotive manufacturers On May 26, JFE Steel Corporation (JFE) announced that its proprietary technology for stabilizing spot welding of automotive steel sheets and other materials has been adopted for use in automotive parts by Japanese automotive manufacturers. The adopted technologies are intelligent spot welding technology and LME crack suppression welding technology,...

News  Updated at: 2026/05/27

Aichi Steel and Vardhman Special Steels enter forging technology support agreement to produce ring gears Aichi Steel Corporation (Aichi Steel) announced on May 26 that it has entered a forging technology support agreement with Vardhman Special Steels Limited (Vardhman Special Steels), an Indian specialty steel manufacturer headquartered in Punjab, India. A new production line will be established at Vardhman Special Steels’ plant in India to man...

News  Updated at: 2026/05/27

Kobe Steel to consider new facility for effective use of scraps in blast and converter furnace steelmaking Kobe Steel, Ltd. (Kobe Steel) announced that it will discuss introducing a “scrap-melting furnace” to its Kakogawa Works. This move aims to decarbonize the steelmaking process by effectively utilizing scrap in the blast furnace steelmaking process. The scrap-melting furnace under review for installation has an annual production capacity ...

News  Updated at: 2026/05/27

range and supports DC fast charging from 30% to 80% in 16.5 minutes, alongside a 6.6 kW Vehicle-to-Load (V2L) function. Safety highlights include 20 ADAS functions, Autonomous Parking Assist, a 540-degree camera system, six airbags, and an IP68-rated battery pack housed within an 82% high-strength steel body structure.Dimensionally, the model measures 4,195 x 1,811 x 1,568 mm, with a 2,700 mm wheelbase. (From Chery Indonesia social media update ...

News  Updated at: 2026/05/22

ng over 460 km of range in 10 minutes, or charging from 10% to 80% in about 11 minutes. The car’s aerodynamics adjust quickly depending on driving conditions. Features such as active venturi plates under the car and a movable rear diffuser. The body structure is all-new, using a mix of aluminium, steel, and composite materials. This keeps the car strong but lightweight, while making space for advanced components. It uses a new cooling system ca...

News  Updated at: 2026/05/20

an Aluminium advocated expanding the compensatory mechanism under the CO2 Regulation for cars and vans to include low-carbon materials, such as aluminium. The inclusion of aluminium will ensure regulatory coherence with other files like the IAA, ESPR, CBAM, and End-of-Life Vehicles Regulation. Both steel and aluminium are key materials used in vehicle manufacturing and have always been treated together under EU law. Therefore, the CO2 Regulation ...

News  Updated at: 2026/05/18

l de Autopartes (INA), while the U.S. government has ruled out eliminating the tariffs entirely, there is still room to reach more favorable conditions. For finished vehicles, keeping the tariff rate below 12% would help preserve a competitive advantage.   Currently, tariffs of up to 25% apply to steel, aluminum, vehicles, and certain auto parts. Meanwhile, about 80% of Mexico’s auto parts industry currently complies with the USMCA rules of o...

News  Updated at: 2026/05/15

   Battery: using renewable energy in cell production cuts battery-related emissions by around 40%, saving about 2.8 tonnes of CO2 per vehicle.•    Aluminium: Over 50% (i.e., 163 kg) comes from renewable-powered sources, reducing emissions by around 30% (saving roughly 0.6 tonnes CO2).•    Steel and ferrous materials: makes up ~46% of materials; they include carbon-reduced steel already saving 20kg of CO2, with future potential for near...

News  Updated at: 2026/05/14

ong with strong off-road capability. It features the Land Cruiser's traditional ladder-frame structure. The platform, refined in the IMV series which boasts high reliability even on rough terrain, has been redesigned to fit the vehicle's body dimensions. Strong and lightweight high-tensile strength steel plates are used for the body structure.  The design retains the Land Cruiser's traditional square cabin, which prioritizes habitability and car...

News  Updated at: 2026/05/14

orders in January–March 2026 were nearly double the year-ago period, driven by clarity on EPA 2027 emission norms (enforcement from January 1, 2027) and a mild pre-buy cycle beginning to build. On tariffs, US reciprocal duties have been reduced to 10%, though Section 232 tariffs on aluminium and steel remain elevated, with customers reimbursing a major portion of the tariff impact. On the EV front, Sundram Fasteners holds a US EV-related part...

News  Updated at: 2026/05/13

s OPmobility’s introduction of a plastic tailgate system in a B-segment vehicle. The module combines a rear bumper and a thermoplastic tailgate with built in lighting. Its lightweight thermoplastic design improves aerodynamic efficiency and enables a 20% reduction in CO2 emissions compared with a steel solution. In 2025, OPmolibity signed 10 contracts for its One4you integrated offer with several OEMs across all key regions worldwide, one year ...

News  Updated at: 2026/05/13

ology segment, thyssenkrupp is adjusting its portfolio to ensure profitable growth and enhance capital market readiness, with a focus on four core areas: chassis, components, aftermarket, and forgings. The company has also initiated the operational implementation of the strategic realignment in its Steel Europe segment. Preparations are continuing for the agreed sale of its stake in Huttenwerke Krupp Mannesmann (HKM) to Salzgitter AG, with comp...

News  Updated at: 2026/05/13

Hyundai‑POSCO Louisiana Steel selects Danieli for integrated steel plant project 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. The contracts awarded to Danieli incl...

News  Updated at: 2026/05/13

and, as per Agreement, cut their Tariffs to ZERO!”. Since refunds of the IEEPA tariffs are now taking place, and the Trump administration is expected to appeal the Section 122 tariff decision, the EU may have questions over tariffs in any trade agreement, although Section 232 sectoral tariffs on steel and aluminum remain firmly in place. Citing the EU’s delay in trade agreement ratification, Trump vowed last week to raise duties on EU cars a...

News  Updated at: 2026/05/09

Adrian Steel invests USD 43.4 million for expansion in Michigan On April 28,  Adrian Steel Company announced it is investing USD 43.4 million for an expansion in Adrian, adding at least 40 jobs and backed by a Michigan Strategic Fund USD 320,000 performance-based grant. The 112,000-square-foot addition to its existing Adrian facility will enhance Adrian Steel’s manufacturing capabilities with additional space for raw material storage, cutting,...

News  Updated at: 2026/05/09

nz 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 initiative by supplying XCarb recycled and renewably produced steel grades for key structural components of the vehicle, including S500MC chassis rails and S355MC body components. The project highlights three imp...

News  Updated at: 2026/05/05