UK Government Takes Control of British Steel as Financial Crisis Deepens The UK government has stepped in to take control of British Steel, citing financial instability under the ownership of Chinese conglomerate Jingye Group. The firm, which owns and operates the Scunthor...
U.S. Steel Tariffs Put Pressure on Clean Energy Industry The U.S. government has finalized new tariff policies on steel and aluminum imports, expanding duties on a range of steel-derived products that play a critical role in clean energy development. Under ...
Tenaris Launches 20 MW Solar Power Park in Romania to Support Steel Mill Operations Tenaris has inaugurated a 20 MW solar power park in Călărași, Romania, aimed at supplying renewable energy to its local steel mill. The Diplomat+1ГМК+1 [1] *Investment and Funding* The project repre...
UK Government Excludes Chinese Firms from Steel Sector Amid National Security Concerns The UK government has taken decisive action to exclude Chinese companies from its steel industry, citing national security concerns and the strategic importance of domestic steel production. None [1]...
UK Government Intervenes to Save British Steel's Scunthorpe Plant Amid Crisis The UK government has enacted emergency measures to take control of *British Steel's Scunthorpe plant*, the country's last facility producing virgin steel, after Chinese owner *Jingye* ceased ordering...
Trump Reiterates Opposition to Nippon Steel's Acquisition of U.S. Steel In a recent statement, former President Donald Trump expressed renewed opposition to *Nippon Steel's $14 billion proposal* to acquire *U.S. Steel*, emphasizing the importance of keeping the iconic Ame...
Hoa Phat Group Invests in Advanced Steel Casting and Rolling Line from Primetals Technologies On April 10, 2025, *Hoa Phat Group*, Vietnam's leading steel producer, signed a contract with *Primetals Technologies* to supply a state-of-the-art steel casting and rolling line with an annual capaci...
British Steel's Scunthorpe Plant on the Brink as Crisis Talks Stall The future of British Steel's Scunthorpe plant hangs in the balance after crisis talks between the UK government and Chinese owner Jingye concluded without an agreement. The plant's two blast furnaces...
Global Steel Prices Slide as Demand Softens in 2025 Global steel prices have edged down by *3.05%* in the early months of 2025, reflecting a broad-based cooling in demand from key sectors such as construction and automotive manufacturing. The decline ...
Vietnam Strikes Back Against Unfair Steel Imports with New Duties Vietnam has moved decisively to protect its burgeoning steel industry, announcing *provisional anti-dumping duties* on galvanized steel imports from China and South Korea. The measure follows investig...
Trump-Era Steel Tariffs Cast Long Shadow Over U.S. Market Nearly seven years after their introduction, the Trump-era *25% tariffs on steel imports* continue to reshape the American steel industry — and not entirely for the better. Originally implemented to ...
U.S. Steel’s $15 Billion Sale to Nippon Steel Faces Political Firestorm A high-stakes international deal between Nippon Steel and U.S. Steel has run into fierce political opposition, casting doubt over the future of the $15 billion acquisition announced late last year. T...
