JSW Steel and POSCO Sign Agreement to Explore Odisha Steel Mill Indian steelmaker *JSW Steel* and South Korea’s *POSCO* have signed a non-binding heads of agreement to evaluate the construction of a *6 million tpa greenfield steel plant* in *Odisha, India*. The p...
Liberty Tubular Products Galati Enters Bankruptcy Protection Romanian steel producer *Liberty Tubular Products Galati*, a subsidiary of Liberty Galati, has filed for *bankruptcy protection* as it struggles with severe financial challenges. On August 13, the Ga...
Tenaris Expands Offshore Operations in Brazil’s Pre-Salt Oilfields Tenaris has reinforced its presence in Brazil’s offshore sector by deploying *corrosion-resistant alloy tubulars with Dopeless® technology* in the country’s pre-salt oilfields. The company has supplie...
China Challenges Canada’s Steel Import Restrictions at WTO China has filed a formal complaint with the *World Trade Organization (WTO)* against Canada’s recently imposed restrictions on steel imports. In July, Canada introduced a *25 percent duty* on products...
Trump Administration Prepares New Tariffs on Steel and Semiconductor Imports The Trump administration is preparing a new round of tariffs targeting *steel and semiconductor chip imports*, according to industry sources. The proposal includes initially modest duties that could e...
Thyssenkrupp Net Loss Deepens to €278M, Cuts 2025 Outlook on Steel Weakness German industrial group *Thyssenkrupp* posted a significantly wider *net loss of €278 million in its fiscal third quarter* (April–June 2025), compared to a €54 million loss a year earlier. The company...
Euro Area Industrial Production Suffers 1.3% Drop in June According to Eurostat’s latest release, *industrial production in the euro area fell 1.3 percent in June 2025 compared to May*, marking a sharp reversal from the *1.1 percent increase recorded the pre...
LKAB Reports Higher H1 Sales but Profit Impacted by Falling Ore Prices Swedish state-owned miner *LKAB* recorded a *40 percent increase in sales revenue* in the first half of 2025, reaching *MSEK 17,442* compared to MSEK 15,322 in the same period last year. The company s...
India’s JSL Taps Primetals for Plate Mill Automation Upgrade *India —* *Jindal Steel Limited (JSL)* has contracted *Primetals Technologies* to carry out a major automation upgrade for its *5-meter plate mill* in Odisha, marking the *first large-scale implementa...
Japan Launches Anti-Dumping Investigation Into HDG Steel Imports *Japan’s Ministry of Economy, Trade and Industry (METI)*, together with the Ministry of Finance, has launched an *anti-dumping investigation into hot-dip galvanized (HDG) steel imports* from *China an...
Severstal Installs World's Largest Grinding Ball Mills at Pellet Complex in Russia *Cherepovets, Russia —* *Severstal* has completed installation of the *world’s largest dry grinding ball mills* at its Cherepovets steel plant, each measuring *6.7 meters in diameter* and *over 13 met...
ArcelorMittal Suspends Expansion of Brazilian Steel Facility *Mineralogia, Brazil —* In a move signaling caution over market dynamics, *ArcelorMittal has suspended a $460 million expansion project* at its João Monlevada steel plant in Minas Gerais. The decision...
