Steel News

Trump Appoints Two Commerce Officials to Oversee U. S. Steel Golden Share Agreement

24 November 2025 - U.S. President Donald Trump has appointed two Department of Commerce officials to monitor United States Steel Corporation’s compliance with the golden share agreement the U.S. government made with Nippon Steel, according to a letter filed in the U.S. Federal Register.

U.S. to EU: Balance Digital Rules in Exchange for Reduced Steel, Aluminum Tariffs

24 November 2025 - U.S. commerce secretary Howard Lutnick said the U.S. would address the steel and aluminum tariffs on the EU if it first rethinks its digital sector rules to make them more balanced, reported Reuters.

Algoma to Scale Back Coil Production, Speed Up EAF Conversion

30 October 2025 - Algoma Steel is accelerating its conversion to electric arc furnace (EAF) steelmaking and will curtail coil production as it attempts to counter the loss of access to the U.S. market.

Report: U.K. Hopes to Create Western Steel Alliance

27 October 2025 - The United Kingdom is hoping to persuade the European Union to form a steel alliance and perhaps bring along the United States, Politico reports.

European Commission Proposes Plan to Protect EU Steel Sector From Global Overcapacity

08 October 2025 - The European Commission has presented a proposal aimed at protecting the EU steel sector from unfair impacts of global overcapacity and to ensure the long-term viability of the industry.

EU to Propose Cutting Steel Import Quotas, Raising Tariffs to 50%

01 October 2025 - The European Commission is set to propose cutting steel import quotas by about half and raising tariffs on excess volumes to 50%, reported Reuters.

Trump Uses ‘Golden Share’ to Halt U. S. Steel Granite City Shutdown

22 September 2025 - U.S. president Donald Trump used his ‘golden share’ rights to stop United States Steel Corporation from idling operations at its Granite City Works plant, the Wall Street Journal reported.

Mexico to Propose Reinstatement of North American Steel Committee

20 August 2025 - Mexico plans to propose the idea of bringing back a committee composed of steel companies from both Mexico and the U.S., and government trade officials from both countries, said Luis Rosendo Gutiérrez Romano, Mexico’s deputy economy minister for trade.

Report: Hundreds of Derivative Products Added to Section 232 Steel, Aluminum Tariffs

19 August 2025 - U.S. President Donald Trump’s administration added hundreds of derivative products to the list of goods subject to the 50% Section 232 tariffs on steel and aluminum, Reuters reported.

Trump to Announce Tariffs on Steel Imports in Coming Weeks

15 August 2025 - U.S. President Donald Trump said today that he will announce tariffs on imports of steel and semiconductor chips within the coming weeks, Reuters reported.

EU, U.S. to Form Metals Alliance to Combat Chinese Overproduction

29 July 2025 - European trade commissioner Maroš Šefčovič said the European Union and United States will form a metals alliance as part of their upcoming trade deal to counter the effect of Chinese overproduction on global markets.

Report: Trump Plans to Set 50% Copper Tariff

09 July 2025 - U.S. President Donald Trump said Tuesday he plans to implement a 50% tariff on copper imports, along with various increased tariff rates on several other select industries, Bloomberg reported.

Trump Approves Nippon Steel’s US$14.9 Billion Purchase of U. S. Steel

16 June 2025 - U.S. President Donald Trump has approved Nippon Steel’s US$14.9 billion bid for United States Steel Corporation after both companies signed an agreement with the Treasury Department resolving national security concerns, reported Reuters.

Britain Temporarily Exempt From Doubled Steel and Aluminum Tariffs

04 June 2025 - While British exports have been temporarily granted an exemption from the U.S. Section 232 tariffs doubling on aluminum and steel to 50%, they still must pay a 25% duty, reported the Times.

Trump Doubles Steel and Aluminum Tariff Rate

02 June 2025 - U.S. President Donald Trump said Friday that he's raising the Section 232 tariff on imported steel and aluminum to 50%, beginning 4 June.

Trump Says He's Supporting Nippon Steel-U.S. Steel 'Partnership'

27 May 2025 - President Donald Trump appears to be backing Nippon Steel’s acquisition of United States Steel Corporation, stating in a Truth Social post that the “planned partnership” will create thousands of jobs and inject billions into the economy.

Steel Industry Awaits Trump Decision on U. S. Steel

22 May 2025 - The Committee on Foreign Investment in the United States has forwarded a recommendation on the United States Steel Corporation and Nippon Steel Corp. merger, but details of the recommendation have not been disclosed, the Reuters news service reports.

U.S.-U.K. Economic Deal Lowers Some Tariffs

12 May 2025 - The U.S. and U.K. announced a deal to lower tariffs on some goods including British-exported steel, cars and plane parts, reported the Reuters news service.

Vice President JD Vance Tours Nucor Steel–Berkeley

04 May 2025 - Nucor Corp.'s Berkeley mill in South Carolina welcomed U.S. Vice President JD Vance and Environmental Protection Agency (EPA) administrator Lee Zeldin on Thursday for a tour and to help mark the first 100 days of the Trump administration.

U.K. Government Works to Keep British Steel’s Blast Furnaces Running, Looks to Scunthorpe’s Future

17 April 2025 - In an emergency session on Saturday, U.K. Parliament passed legislation to prevent Chinese-owned British Steel’s Scunthorpe plant from shutting down its blast furnaces and ending primary steel production in the U.K., The Guardian reported.