US and China Agree to Major Tariff Rollback After Breakthrough Geneva Talks *In a significant step toward easing trade tensions, the United States and China have reached an agreement to roll back retaliatory tariffs*, following a high-level negotiation in Geneva, Switzerland....
Hydnum Steel Signs Green Steel Deal with Kingspan to Support Construction Decarbonization *Spanish steelmaker Hydnum Steel has entered into a green steel supply agreement with Ireland-based Kingspan Group*, marking a significant step toward *decarbonizing the construction industry*, the co...
POSCO and LG Chem Launch CCU Project to Decarbonize Steelmaking * South Korean giants LG Chem and POSCO Holdings have entered into a strategic partnership to decarbonize the steel industry through a large-scale carbon capture and utilization (CCU) project*, the co...
Pasini at Made in Steel 2025: Italian Steel Resilient, But EU Must Act Fast *Speaking at the 2025 edition of Made in Steel, Giuseppe Pasini, chairman of Feralpi Group and president of Confindustria Lombardia, delivered a pointed critique of European industrial policy while af...
U.S. and U.K. Strike $6 Billion Trade Deal *The United States and the United Kingdom have reached a sweeping $6 billion trade agreement that includes the removal of U.S. tariffs on British steel and aluminum*, along with significant *reduction...
India’s MOIL Slashes Manganese Ore Prices for May Deliveries *State-owned miner MOIL Limited has announced price cuts across all grades of manganese ore for May 2025 deliveries*, company sources confirmed on *Thursday, May 8*. According to the sources, *the pr...
U.S. Finalizes AD/CVD Review on Chinese Rectangular Pipe; Confirms No Shipments by Hoa Phat *The U.S. Department of Commerce (DOC) has released the final results of its administrative reviews concerning antidumping (AD) and countervailing duties (CVD) on light-walled rectangular pipe and tub...
Gerdau Cancels $600 Million Mexican Steel Plant Over U.S. Tariff Uncertainty *MEXICO CITY – Brazilian steelmaker Gerdau has officially scrapped plans to build a $600 million special steel plant in Mexico*, citing *uncertainty surrounding U.S. tariffs on steel imports* as the p...
India and UK Finalize Historic Free Trade Agreement, Eyeing $60 Billion Trade Boost by 2030 *India and the United Kingdom have formally concluded a landmark Free Trade Agreement (FTA) and a “double contribution convention,” marking the end of three years of intensive negotiations*, both gove...
Trump Reaffirms Tariffs on Canada in Meeting With Prime Minister Mark Carney *WASHINGTON, D.C. – U.S. President Donald Trump has announced his decision to maintain existing tariffs on Canadian imports*, including the *25% duties on steel and aluminum*, following a White House ...
US Industry Injured by Unfair Ferrosilicon Imports, USITC Rules *WASHINGTON, D.C. – The U.S. International Trade Commission (USITC) has officially determined that the domestic ferrosilicon industry has been /materially injured/ by imports from Brazil, Kazakhstan, ...
Peabody Energy Reconsiders Anglo American Coal Acquisition Peabody Energy is contemplating withdrawing from its $3.3 billion acquisition of Anglo American's Australian coal mines due to a "material adverse change" following a significant explosion at the Mora...
