Gerdau Unveils Expanded HRC Line in Brazil Amid Concerns Over Steel Imports *Gerdau*, the Brazilian steel giant, has inaugurated the *expansion of its hot rolling line* at the *Ouro Branco plant* in *Minas Gerais*. The expansion, which required an investment of *$260 million*...
EU Reduces Steel Import Quotas and Introduces New Caps The *European Commission* has announced updates following its review of the safeguard measures on certain steel imports, initially set in place on *December 17, 2024*. The changes include a reduction ...
Danieli and Newcleo Partner to Develop Nuclear-Powered Green Steel Production *Italian plantmaker Danieli* and *France-based nuclear energy innovator Newcleo* have signed a *memorandum of understanding* to explore integrating *Newcleo's Lead-cooled Fast Reactor (LFR) technology...
Germany's Dillinger Develops New Steel Grades for Offshore Wind Projects *Dillinger Group*, a leading German steel plate producer, has announced the successful development of *new steel grades* specifically designed for *offshore wind projects*. The project, a collaboratio...
Turkey's Diler Çelik Awaits Environmental Approval for Solar Power Plant in Konya Turkey’s *Ministry of Environment, Urbanization, and Climate Change* has announced that the *environmental impact assessment (EIA)* for the *solar power plant* project in *Sarayönü, Konya*, submitted ...
Norway to Introduce Its Own Carbon Border Adjustment Mechanism in 2027 The *Norwegian government* has revealed plans to implement its own *Carbon Border Adjustment Mechanism (CBAM)* by *2027*. The *Ministry of Climate and Environment* and the *Norwegian Environment Agenc...
European Commission Proposes Extension of Duty and Quota Exemption on Ukrainian Imports The *European Commission* has put forward a proposal to *extend the exemption of duties and quotas on Ukrainian imports*, aimed at bolstering Ukraine’s *iron and steel sectors* amid the ongoing war. ...
Nucor Increases Hot-Rolled Coil Prices by $155/T Since Start of the Year Nucor, one of the leading U.S. steel producers, has *raised its hot-rolled coil (HRC) prices by $155 per ton* since the beginning of the year. This price increase reflects *strong demand, rising raw m...
Taiwan Initiates Anti-Dumping Investigation Into Rolled Steel Imports from China Taiwan has officially launched an *anti-dumping investigation* into *rolled steel imports from China*, following complaints from domestic producers about unfair pricing practices. The investigation ai...
Keir Starmer Pushes for UK Steel Exemption from Trump’s Tariffs on US & Canada UK Prime Minister *Keir Starmer* is taking diplomatic action to *secure exemptions for British steel exports* following former US President *Donald Trump’s* reintroduction of steel tariffs. The tariff...
SSAB to Install Electric Arc Furnace at Oxelösund Plant by 2026, Advancing Green Steel Production Swedish steelmaker *SSAB* has announced plans to install an *electric arc furnace (EAF) at its Oxelösund plant by 2026*, replacing the traditional blast furnace process. This move aligns with SSAB’s b...
Indian Steel Market: A Benchmark for Global Exporters India’s steel industry is rapidly becoming a *key benchmark for global exporters*, thanks to *rising domestic demand, infrastructure investments, and evolving trade policies*. As one of the world’s la...
