Category: Steel
Get the latest steel industry news including export data, price trends, and global market shifts.
LME to Host 2025 Asia Metals Seminar in Hong Kong
The LME will host the 2025 Asia Metals Seminar in Hong Kong. This event will feature discussions on metals…
Tight Supply Poised to Keep Recycled Steel Prices Buoyant
Recycled steel prices are expected to rise due to tight supply and strong domestic demand, despite some international…
Hyundai Explores Investment in U.S. Electric Arc Furnace (EAF) Steel Mill
Hyundai Motor Co. is revisiting its plans to build an Electric Arc Furnace (EAF) steel mill in the United States to…
Cliffs and Nucor Express Interest in U.S. Steel Assets Amid Merger Uncertainty
In a flurry of activity surrounding the potential acquisition of U.S. Steel by Nippon Steel, two major domestic…
Nucor’s Emissions Targets Receive Certification from Global Steel Climate Council
Nucor Corp., a leading electric arc furnace (EAF) steelmaker based in Charlotte, North Carolina, has received approval…
Pressure Mounts for Tariffs on Steel Imports from Mexico
As the U.S. steel industry faces significant challenges in 2025, pressure is building for new tariffs on steel imports from…
EU Considers Tightening Steel Safeguard Measures Amid Global Overcapacity
The European Commission is considering tightening its steel safeguard measures in response to ongoing global overcapacity and…
Recycled Steel Prices Rise Amid Winter Weather Disruptions in the U.S.
Recycled steel prices in the United States saw a notable increase in January, with prices rising by $20 per ton or more…
Biden Administration Delays Enforcement of Nippon Steel-U.S. Steel Deal Block
The Biden administration has granted a delay in enforcing its order blocking Nippon Steel Corp.’s $14.9 billion acquisition…
Biden Blocks U.S. Steel-Nippon Steel Acquisition, Sparking Legal and Union Reactions
President Joe Biden has officially rejected the acquisition of U.S. Steel by Japan’s Nippon Steel, putting an end to a deal that had…
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