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24 Mar.,2025

 

Latest Steel News - SteelOrbis

Latest Steel News

SteelOrbis offers the latest independent steel news coverage compiled by its worldwide steel industry network. Approximately 25 fresh news articles on topics most prominently affecting the steel industry at large can be viewed on the steel news pages everyday in four different languages.

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Free Green Steel of Aperam receives financial loan in Brazil

Free US standard pipe imports down 33.8 percent in January from December

Free Thai G Steel orders new skin pass mill from Danieli

Free Germany's Salzgitter returns to net loss in

Free Italy's Assofermet disappointed with EU's Steel and Metals Action Plan

Free Iron ore exports via Port Hedland down 19.3 percent in Feb from Jan

Free Turkish consumer confidence up 4.6 percent in Mar from Feb

Free Andritz to upgrade ArcelorMittal Calvert's US electrical steel mill

Free Euro area construction output up 0.2 percent in January from December

Free Yamato Steel to use Kobe Steel's low-carbon steel for its first ship

Free ICRA: Indian safeguard duty can reduce steel imports by 50% in FY -26

Free India's Tata Steel replaces furnace oil use with natural gas at ferro alloy plant

Free EU delays first phase of retaliatory tariffs on US products to April 13

Free India's LMEL secures environmental approval for wire rod and pellet plant projects

Free China's rebar output down 7.5 percent in Jan-Feb

Free US Steel issues guidance for higher net earnings in Q1

Free Exports of niobium ferroalloys from Brazil increase in February

Free Sales by Brazilian flat steel distributors increase in February

Free US line pipe imports up 68.6 percent in January from December

Free US rebar exports up 44.5 percent in January from December

Free Federacciai: EU steel plan still raises many uncertainties

Free POSCO to sell its shares in Nippon Steel

Free China's HRC output increases by 9.3 percent in Jan-Feb

Free JFE Steel subsidiary acquires Maruhachi Steel Pipe

Free Russia's Severstal to build new warehouse to increase rolled metal output

Free Vallourec Brazil aims to meet pellet demand from steel industry

Free British steelmakers face order cancellations due to US steel tariffs

Free Taiwan extends AD duties on CR stainless steel from China, S. Korea

Free Turkey's coking coal imports down 22.3 percent in January

Free EU unveils Steel and Metals Action Plan to strengthen competitiveness

Free Ferrexpo posts higher sales revenue, albeit net loss

Free Turkish metal producers' foreign sales prices up 1.89 percent in February from January

Free Fitch: Indian steel prices to remain under pressure, steel mills have little headroom for ratings upgrade

Free Valin Lianyuan Steel put cold rolled high-end home appliance steel sheet project into operation

Free China's iron ore output down 12.6 percent in Jan-Feb

Free China's coke output rises by 1.6 percent in Jan-Feb

Free US rebar imports up 191.1 percent in January from December

Free US hot rolled bar exports up 9.6 percent in January from December

Free Steel Dynamics expects higher earnings and stronger steel operations in Q1

Free Brazilian automotive production increases in February

Free Ukraine's Metinvest reports higher net loss for

Free Blastr Green Steel's new plant in Finland acquires environmental approval

Free EU 'melt and pour' clause to affect CR and coated steel suppliers to the region

Free Indian engineering goods industry seeks low-duty steel import window to maintain global competitiveness

Free Indian steel industry to push for higher safeguard duty of 18-25 percent

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Steel Industry News | Latest Developments, Trends, and Insights

The Iron Range region of Minnesota is facing economic hardship as Cleveland-Cliffs announced temporary layoffs affecting 597 steelworkers at the Hibbing Taconite Company (HibTac) and the Minorca Mine. State officials confirmed the layoffs, which could become permanent by late May, are due to an oversupply of iron ore from . The news has prompted concern from Minnesota politicians, with Republican state Rep. Spencer Igo criticizing state and federal policies, while DFL state Sen. Grant Hauschild expressed solidarity with the affected workers. U.S. Sen. Tina Smith emphasized the broader impact of these job losses on the community and pointed to the Trump administration's tariffs as a contributing factor to the industry's instability. The layoffs will impact 255 jobs at HibTac and 342 jobs at Minorca, exacerbating concerns about the region's economic future.

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The letter, addressed to President Trump, expresses gratitude for his
February 10, , proclamation reinstating a 25% tariff on steel
imports. The letter, signed by CEOs from major steel corporations like
Nucor, Cleveland-Cliffs, and U.S. Steel Corporation, argues that Trump's
previous tariffs in led to significant reinvestment and
revitalization of the American steel industry. The authors urge the
President to resist requests for exceptions or exclusions to the tariff,
emphasizing that a strong domestic steel industry is vital for both
economic and national security reasons. They also criticize prior
negotiations and product-specific exclusions for weakening the
effectiveness of the original tariffs and exposing the U.S. steel
industry to global oversupply.