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Blastr Green Steel Secures Funding to Pioneer Hydrogen-Powered, Low-CO Steelmaking
Blastr Green Steel has recently announced that it has secured significant new funding aimed at advancing its hydrogen-powered, low-CO steelmaking technology. This innovative approach is designed to re...
Feb 4, 2025
0 1221

Vietnam Steel Major SMC Faces Risk of Compulsory Delisting Amid Financial Decline
A recent report by The Investor has brought to light significant financial challenges facing SMC , one of Vietnam Steel’s major players, putting the company at risk of compulsory delisting from the st...
Feb 4, 2025
0 1456

Hamilton’s Local Steel Industries Struggle Amid Escalating Trade War
A recent CBC report highlights the significant impact of the global trade war on Hamilton’s local economy. Key industries, particularly the steel sector, are facing mounting challenges as increased ta...
Feb 4, 2025
0 1361

Escalating Trade Dispute: U.S. Imposes Tariffs on Canada, Mexico, and China as Canada and Mexico Retaliate
In a significant move amid rising trade tensions, U.S. authorities have officially imposed tariffs on imports from Canada, Mexico, and China. The decision, aimed at countering what officials describe ...
Feb 3, 2025
0 956

Tata Steel Develops Advanced Steel Pipes for Hydrogen Transportation
Tata Steel has unveiled its latest innovation—specialized steel pipes engineered for the transportation of hydrogen. This breakthrough technology is designed to overcome the challenges posed by hydrog...
Feb 3, 2025
0 1037

US Steel Corporation's Shipments Fall as US Rolled Steel Imports Rise
Recent data reveals a notable divergence within the US steel market. US Steel, one of the country’s leading domestic producers, experienced an 8.4% decline in its steel shipments in 2025 compared to t...
Feb 3, 2025
0 1435

Nippon Steel launches $456m bid to acquire Sanyo Special Steel
Nippon Steel Corporation has announced a $456 million bid to acquire Sanyo Special Steel , a strategic move that underscores the company's commitment to expanding its special steel portfolio. This acq...
Feb 3, 2025
0 1092

CSN Temporarily Halts No. 2 Blast Furnace Amid Market Adjustments
Companhia Siderúrgica Nacional (CSN) , one of Brazil's foremost steel producers, has announced the temporary shutdown of its No. 2 blast furnace located at the Presidente Vargas mill in Volta Redonda,...
Jan 23, 2025
0 1138

U.S. Raw Steel Production Sees Slight Decline
The American Iron and Steel Institute (AISI) reported that for the week ending June 4, 2022, domestic raw steel production in the United States reached 1,781,000 net tons, with a capability utilizatio...
Jan 23, 2025
0 1081

SteelOrbis RWR 2025: Industry Experts Discuss Longs Market Consolidation and Potential Tariffs
The 16th annual SteelOrbis Rebar & Wire Rod Conference convened on January 20, 2025, at Caesars Palace Hotel and Casino in Las Vegas, Nevada. Approximately 100 traders, executives, and market experts...
Jan 23, 2025
0 1147

China's Steel Bar Exports Surge by 24.4% in 2024
China's steel industry experienced a notable expansion in 2024, with steel bar exports totaling 13.5 million metric tons, marking a 24.4% increase compared to the previous year. None [1] This growth ...
Jan 23, 2025
0 1078

German Industry Associations Advocate for Strengthening the Scrap Recycling Sector
The Federal Association of Steel Recycling and Waste Management Companies (BDSV) and the Association of German Metal Traders and Recyclers (VDM) have jointly published a position paper outlining key p...
Jan 23, 2025
0 1144
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