Acknowledging that steel production contributes around 8% of global CO₂ emissions, Narendran emphasized that no green transition is possible without steel, given its centrality in infrastructure, energy, and mobility.

A continued abeyance is warranted given ... the ongoing efforts to reach a resolution that would fully resolve petitioners’ claims

The European Commission has terminated the anti-dumping investigation into imports of certain seamless pipe and tube originating from China, and customs authorities were directed to cease the registration of such imports

Weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was €610-630 ($697-720) per tonne on June 4, widening downward by €10 per tonne from €620-630 per tonne on May 28.

Ashry Steel Group revealed its plan to establish a factory specializing in the production of seamless stainless steel pipes, with investments exceeding 600 million euros.

Tool steel exports from the United States jumped by 38.5 percent in March 2025 compared to February, according to the latest data from the U.S. Department of Commerce. The U.S. exported 7,184 metric tons (mt) of tool steel in March, marking a 20.6 percent increase year-over-year.

OYAK General Manager Süleyman Savaş Erdem stated that they will make a transformative investment of $3.2 billion, primarily from foreign financing. Erdem said, “The secret of OYAK's success story lies in its ability to lead the change.

We aim for 80% of China’s steelmaking capacity to complete the ultra-low emission work by the end of this year,” said Jiang Wei, vice chairman and secretary general of CISA

Following the project start of the pickling line/tandem cold mill (PLTCM) in October 2021, Habaş progressed with the next phase of their partnership with SMS group in April 2023 when the second part of the contract package came into force and marking another significant milestone in their longstanding collaboration.

In the given month, the Spanish steel industry recycled 977,000 mt of scrap to be used for new steel products, rising by 17.4 percent compared to the previous month and by 15.8 percent year on year. In the first three months of the current year, the industry recycled 2.61 million mt of scrap.

In April 2025, Turkey’s crude steel production increased by 7% year-on-year, reaching 3 million tons. For the January–April period, production declined by 1%, totaling 12.3 million tons.

Kazakhstan is preparing to implement a six-month ban on the export of steel billets, aiming to encourage domestic production of higher value-added products.

World crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) was 155.7 million tonnes (Mt) in April 2025, a 0.3% decrease compared to April 2024.

The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 1.24 per cent lower to 718 yuan ($99.73) a metric ton.

Kobe Steel has revised its investment strategy for the 2024–2026 period, scaling back its decarbonization spending in response to growing global economic uncertainty.

Local scrap consumption reached record levels in 2024. After increasing by 10.2 percent to 9 million metric tons in 2023, Turkey’s domestic consumption spiked further, increasing by 6.3 percent to 9.57 million metric tons last year. It was the highest local scrap consumption since 2018, when the country consumed 9.45 million metric tons.

Borusan, 257 milyar lira konsolide ciroya ulaştığı bu dönemde, yüzde 39 büyüme kaydetti. Uzun vadeli büyüme stratejisiyle hareket eden şirket, bu performansıyla, geniş ve dengeli portföyüyle başarıya ulaştığını, değişen pazar koşullarına uyum sağladığını gösterdi.

The super-charged investment pledge, up from an initial $1.4 billion, was pitched as part of a last ditch effort to win approval of the merger, which has drawn fire from both Presidents Donald Trump and Joe Biden.

China's steel exports are set to slump in the second quarter, threatening to exacerbate a supply glut at home, analysts and traders said, as the trade war and a wave of protectionism moving in its wake crimps export markets.

This investment in Fairfield County is not only a manufacturing milestone — it is a reflection of our long-term commitment to the North American market,” Mega Metal Inc. Board Chairman Cuneyt Turgut said in the release.

ArcelorMittal remains committed to decarbonizing its operations in France. The company is working closely with the French Government, whose leadership has been key in the defense of the steel industry in France and Europe.

Tata Steel Nederland has announced that it has launched a hot rolled steel product under the brand HyperFlange® to be used in automotive parts.

The announcement made in Geneva states that both countries will pause these tariffs for 90 days to continue negotiations towards “rebalancing trade.”

The further weakening of the euro to $1.11 on Monday – following the US-China agreement to reduce tariffs during a 90-day pause, which has eased global sentiment – prompted Benelux exporters to raise dock prices to as high as €265/t.