Category: Steel
Steel Imports Drop Sharply in April 2025, Reports AISI
U.S. steel imports dropped 11.8% in April 2025, with total imports down 17.1% year-over-year, reports AISI.
Canadian Metal Shipments Continue to Fall Sharply in May 2025
Canadian steel and aluminum shipments plunged in May 2025, with aluminum down 17.3% and steel down 16.3% year-over-year.
Nippon Steel Plans $4 Billion U.S. Mill If Acquisition of U.S. Steel Approved
Nippon Steel promises $4 billion for a U.S. steel mill if its $14 billion acquisition of U.S. Steel is approved.
Kobe Steel Cuts Decarbonization Investments Amid Global Uncertainty
Kobe Steel reduces 2024–2026 decarbonization investments, citing global uncertainty. Focus shifts to strategic financial…
Liberty Steel Makes Last-Ditch Effort to Save UK Specialty Steel Plants
Liberty Steel faces a critical court hearing that could force UK plant closures, risking 1,450 jobs. Government monitors, but…
China’s Iron Ore Production Declines 12% Year-on-Year in Early 2025
China’s iron ore production dropped 12.2% in early 2025 amid import shifts and government steel sector reforms….
Vale Plans to Launch Low-Grade Iron Ore to Strengthen Position in Asia
Vale plans to launch low-grade iron ore to boost its presence in Asian markets, targeting Chinese steelmakers facing…
Nucor Cuts Hot Rolled Coil Prices Again Amid Market Uncertainty
Nucor cuts hot rolled coil prices to $880/ton for the third time in May 2025 due to lower scrap costs and…
How Russian Steel Exports Have Shifted Under Sanctions: 2025 Outlook
Western sanctions forced Russia to reroute steel exports, but losses continue in 2025. Explore the trends, challenges, and…
UK-US Steel Deal Sparks Hope Among EU Steelmakers Amid Trade Tensions
The UK’s steel deal with the US lifts Section 232 tariffs and raises EU hopes. Discover key implications for the…
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