US Implements Tariffs on Canada and Mexico, Increases Tariffs on China The *US government* has officially imposed *25 percent tariffs* on all imports from its top trading partners, *Canada* and *Mexico*, effective *March 4*, according to a *White House* statement. Additi...
Liberty Galati Launches Preventive Process to Safeguard Long-Term Viability On *March 4*, *Radu Ionescu*, the General Manager of *Liberty Galati*, a major Romanian steel producer, announced the initiation of a preventive process aimed at preserving the company’s long-term via...
South Africa Engages ArcelorMittal in Talks to Retain Long Steel Production Capacity The South African government is in discussions with *ArcelorMittal South Africa (AMSA)* to prevent the potential reduction of *long steel production capacity*, a move aimed at ensuring the stability o...
Baosteel Desheng Completes Installation of New VOD System to Boost Specialty Steel Production Baosteel Desheng Stainless Steel Co., Ltd., a subsidiary of China Baowu Steel Group, has successfully completed the installation of a new vacuum oxygen decarburization (VOD) system at its Fuzhou plant...
SSAB Completes Hydrogen Storage Pilot Project Using HYBRIT Technology Swedish specialty steel producer SSAB, in collaboration with mining company LKAB and energy company Vattenfall , has successfully completed a hydrogen gas storage pilot project utilizing their joint H...
US and UK Move Toward Trade Deal, Potentially Avoiding New US Tariffs US President Donald Trump appears poised to revisit his firm stance on tariffs, which he had previously declared would allow for "no exceptions or exemptions." The shift follows recent trade discussio...
Hybrit Successfully Completes Pilot Hydrogen Storage Project for Steel Production Hybrit, a Swedish joint venture between SSAB, LKAB, and Vattenfall, has successfully concluded its pilot hydrogen storage project, marking a significant milestone in the effort to enable fossil-free s...
Metinvest Volunteers Prepare 144,000 Humanitarian Kits in 2024 for War-Affected Ukrainians In 2024, Metinvest’s humanitarian hub at Zaporizhstal played a crucial role in supporting Ukrainians affected by the ongoing war, assembling approximately 144,000 food and hygiene kits for those in ne...
Capital Investments in Ukraine’s Steel Industry Jump 46% Year-on-Year in 2024 Ukraine’s steel sector saw a significant boost in *capital investments*, increasing *46% year-on-year in 2024*. This surge reflects growing confidence in the industry’s resilience and long-term potent...
Metinvest’s Mining Operations Provide Jobs for 192 Veterans, Strengthening Workforce and Reintegration Efforts Metinvest has successfully integrated *192 veterans* into its mining operations, reinforcing its commitment to workforce development and social responsibility. As Ukraine continues to rebuild, initiat...
EU Plan Aims to Reduce Fossil Fuel Imports by €45 Billion in 2025 The European Union is taking a significant step toward energy independence with a new initiative aimed at cutting fossil fuel imports by *€45 billion in 2025*. This bold move is expected to strengthen...
HYBRIT Successfully Completes Pilot Hydrogen Storage Project, Advancing Green Steel Innovation HYBRIT, Sweden’s pioneering green steel initiative, has successfully completed a *pilot hydrogen storage project*, marking a critical step in the transition toward fossil-free steel production. This a...
