U.S. Considers Tiered Tariff System for Steel and Aluminum Imports The administration of Donald Trump is reportedly preparing to introduce a *tiered tariff system on steel and aluminum products*, aiming to simplify compliance for American businesses. According to re...
China’s Green Steel Transition Could Cut Emissions by 37% by 2035: CREA A new analysis by the Centre for Research on Energy and Clean Air indicates that *China’s steel industry could reduce emissions by nearly 37% from peak levels by 2035* through an accelerated shift to ...
Global Steel Industry Faces Major Gap in Climate Readiness, SteelWatch Reports A new report by SteelWatch has revealed that *none of the world’s leading steelmakers are adequately prepared to transition to near-zero-emissions production*, despite widespread climate pledges. The...
Global Steel Industry Falls Behind on Decarbonization Targets, SteelWatch Finds A new report by SteelWatch reveals that *leading global steel producers are significantly lagging in decarbonization efforts*, despite public commitments to reduce emissions. The assessment covered *...
Global Coking Coal Prices Rise in Late March Amid Freight Disruptions Global coking coal prices increased in the second half of March, driven primarily by *rising freight costs linked to geopolitical tensions in the Middle East*, although demand fundamentals remained we...
EU Sets Conditions for Tariff Reductions on US Goods in Trade Negotiations The European Parliament has outlined strict conditions for reducing tariffs on US products במסגרת an ongoing EU-US trade agreement, linking any tariff cuts to full compliance by the United States. Und...
US Steel Restarts Granite City Blast Furnace After Two-Year Shutdown United States Steel Corporation has restarted blast furnace B at its Granite City Works facility in Illinois, bringing the unit back online after more than two years of inactivity. The furnace, which...
India’s KFIL Restarts Solapur Plant Using Alternative Fuels Amid LPG Shortage India’s Kirloskar Ferrous Industries Limited (KFIL) has resumed operations at its Solapur casting facility after a temporary shutdown caused by liquefied petroleum gas (LPG) shortages. The company ha...
UK Moves Toward Full Nationalization of British Steel Amid Rising Losses The UK government is preparing to fully nationalize British Steel as financial losses continue to escalate, according to reports. The move comes nearly a year after emergency measures allowed the gove...
OECD warns energy prices and geopolitics are weighing on global growth OECD has reported that the *global economic outlook remains stable but weakened* due to rising energy prices and geopolitical tensions. Growth outlook* *Global GDP growth projected at 2.9% in 2026* ...
Severstal cuts 2026 spending as steel market weakens Severstal has revised its 2026 budget downward in response to *deteriorating global steel market conditions*. Cost-cutting measures* The company announced: *Repair budget reduced by 14%* *Capital ...
Coal India to invest $348 million in washeries to boost steel sector supply Coal India Limited has announced plans to build *eight new coal washeries with a total investment of $348 million*, aimed at increasing supply to key industries including steel. *Capacity expansion* ...
