Category: Steel
British Steel’s Future Uncertain as Jingye Group Plans Blast Furnace Closures
British Steel plans to close two blast furnaces in Scunthorpe, facing financial losses and challenges, with potential layoffs…
Global Steel Output Declines in February, Marked by Significant Drops in Key Countries
Global steel production in February 2025 saw a 3.4% decline, with major drops in countries like China, Iran, and Germany….
AISI Supports Reinforcement of Steel Tariffs to Combat Unfair Trade Practices
The American Iron and Steel Institute (AISI) fully supports the U.S. government’s decision to enforce a 25% tariff on…
Electrolux Sets Ambitious Target for Recycled Materials in Appliances
[caption id="attachment_16128" align="alignnone" width="800"] Electrolux Group Recycled Steel[/caption] Swedish appliance manufacturer Electrolux Group…
Urwahn, Trumpf, and H+E Partner to Develop Revolutionary Steel Bike Frames Using Additive Manufacturing
Urwahn, Trumpf, and H+E have created the SOFTRIDE steel bike frame using Additive Manufacturing, improving weight, stiffness,…
AISI Applauds EPA’s Reconsideration of Onerous Air Rules
AISI applauds the EPA’s reconsideration of regulations impacting U.S. steelmakers. This move could improve growth and…
Hyundai to Build Steel Mill in the U.S.: A Major Investment in the Steel Industry
Hyundai announces a $21 billion investment to build a new steel mill in the U.S., focusing on electric arc furnace…
Ferrous Scrap Market Faces Challenges Amid Ramadan and Political Uncertainty in April
U.S. ferrous scrap exports face challenges in April due to Ramadan and political turmoil in Turkey, but India and…
Recycled Steel Price Crosses $500 Per Ton Threshold: A Market Shift in 2025
Recycled steel prices exceed $500 per ton in early 2025, with rising prices across various U.S. regions and potential tariff…
Politics in Turkey Threaten Recycled Steel Outlet: Impact on U.S. Market
Political unrest in Turkey threatens the U.S. recycled steel market, as the country is the largest importer of U.S. scrap….
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