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ArcelorMittal to Shut Down Italian Plant Near Avellino Amid Market Challenges
*ArcelorMittal* has announced plans to *close its steel plant near Avellino, Italy*, as part of a restructuring strategy aimed at optimizing operations in response to *shifting market conditions and e...
mars 19, 2025
0 1005
News


EU Tightens Controls on Steel and Aluminum Imports Amid Global Trade Tensions
The European Union (EU) is preparing to implement stricter controls on steel and aluminum imports to safeguard its markets from potential dumping of diverted global supplies. A draft action plan by th...
mars 19, 2025
0 1124
News


UK Steel Industry Faces Challenges Amid U.S. Tariffs and Market Pressures
The UK's steel sector is confronting significant challenges following the U.S. administration's imposition of a 25% tariff on steel imports, effective March 12, 2025. This development has led to immed...
mars 19, 2025
0 1040
News


Trump May Allow Sale of US Steel to Nippon Steel as DOJ Files Motion for Extension
The *US Department of Justice (DOJ)* has filed a motion seeking an extension in the lawsuit between *United States Steel (US Steel)* and *Nippon Steel* against the *Committee on Foreign Investment in ...
mars 19, 2025
0 914
News


Argentina Approves $3 Billion Investment for New Pipeline to Boost Oil Exports
Argentina has approved a significant investment to support the construction of a new pipeline linking the *Vaca Muerta shale formation* to a port in the *Rio Negro province*. The *$3.0 billion* projec...
mars 19, 2025
0 1088
News


UK Steel Proposes New Mechanism to Address High Electricity Prices and Enhance Competitiveness
The UK-based trade association *UK Steel* has proposed the development of a new mechanism to tackle the *uncompetitive electricity prices* that the UK steel industry faces—prices that are up to *50% h...
mars 19, 2025
0 1060
News


Australia to Boost Green Metals Production with A$750 Million Funding
The Australian federal government has announced a significant funding initiative aimed at boosting *green metals production* and ensuring the long-term competitiveness of domestic metals producers in ...
mars 19, 2025
0 982
News


ArcelorMittal and Siemens Energy Join Forces for Decarbonization Efforts and High-Grade Steel Solutions
ArcelorMittal Europe - Flat Products, a subsidiary of the Luxembourg-headquartered steel giant ArcelorMittal, has announced a strategic partnership with *Siemens Energy* to provide high-grade steel so...
mars 19, 2025
0 1067
News


India and New Zealand Resume Free Trade Agreement Negotiations After 8-Year Pause
India and New Zealand have officially resumed talks for a Free Trade Agreement (FTA), which had been stalled since 2015. The announcement was made by India's Ministry of Commerce on *Monday, March 17*...
mars 19, 2025
0 1032
News


EU trade restrictions on Ukraine: Taras Kachka spoke about the state of negotiations
Taras Kachka, Ukraine’s *Deputy Minister for Economy and Trade Representative*, has clarified that *only agricultural products require export regulation* to the European Union, while *industrial goods...
mars 15, 2025
0 1095
News


ArcelorMittal Europe Increases Steel Production by 8.3% Y/Y in 2024, Strengthening Market Position
ArcelorMittal Europe recorded an *8.3% year-on-year increase in steel production in 2024*, highlighting the company’s strong *operational performance and market demand recovery*. This growth comes des...
mars 15, 2025
0 997
News


Türkiye’s Scrap Imports Fall by 20.2% Y/Y in January Amid Lower Steel Demand
Türkiye, one of the world’s largest scrap steel importers, *reduced its scrap imports by 20.2% year-on-year in January*, reflecting shifts in domestic steel production and demand. The decline undersco...
mars 14, 2025
0 1127
News
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