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...
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 ...
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...
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...
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...
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,...
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...
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...
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 ...
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...
Hibuild Steel to Expand Production Capacity to Meet UAE's Mega Project Demands Hibuild Steel Building System International, headquartered in the United Arab Emirates, has announced plans to enhance its structural steel production capacity to 60,000 metric tons per year by 2028. ...
AMNS India to Launch Two Automotive-Grade Steel Production Lines in 2025 ArcelorMittal Nippon Steel India (AMNS) has announced plans to commission two automotive-grade steel production lines at its Hazira plant in Gujarat by 2025. The new facilities include a continuous ga...
