Steel News

Global Overcapacity Makes Tariffs Necessary, Executive Says

07 May 2025 - The scale and scope of U.S. President Donald Trump’s Section 232 steel tariffs are debatable, but what shouldn’t be up for argument is the necessity of them, an SSAB executive said Wednesday.

To Survive the Trade War, Algoma Will Do What It Does Best — Make Plate

06 May 2025 - Against the backdrop of trade tensions with the U.S., Canadian sheet and plate producer Algoma will focus on increasing plate shipments from its recently modernized plate mill, reports Northern Ontario Business.

AIST’s Steelmaker of the Year Urges Cooperation Among USMCA Partners

06 May 2025 - To fend off unfairly traded, overseas imports, the U.S., Canada and Mexico must strengthen their relationship and create a more robust regional trade agreement, Ternium chief executive officer Máximo Vedoya said on Tuesday.

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.

Oman, Tata Steel Nederland Look to Establish Green H2 Supply Chain

17 April 2025 - Tata Steel Nederland, along with three countries and several other entities, will establish what they say is the world’s first liquid hydrogen import corridor, an arrangement that will link green hydrogen production in Oman with deliveries in Germany and the Netherlands.

Trump Steel Tariffs Take Effect; Canada, EU Launch Swift Response

12 March 2025 - The Trump Administration’s blanket 25% tariff on imported aluminum and steel went into effect Wednesday morning, drawing applause from domestic steelmakers and retaliatory measures from international trading partners.

Ontario Halts Retaliatory 25% Tariff on Electricity

11 March 2025 - Ontario Premier Doug Ford backed off a 25% surcharge on electricity sent to the U.S. following U.S. President Donald Trump’s threat to double down on tariffs on Canadian steel and aluminum.

JSW Steel USA CEO: Tariffs Will Support Utilization

18 February 2025 - JSW Steel USA chief executive officer Robert Simon is anticipating that President Donald Trump’s steel tariffs will help drive utilization of the company’s facilities in Ohio and Texas.

EUROFER President: EU Must Strengthen Safeguard Measures

12 February 2025 - U.S. President Donald Trump’s 25% blanket tariff on steel and aluminum is a “radical escalation” of the trade war launched under his first administration, and the EU needs to take immediate steps to strengthen its safeguard tariff-rate quota system, the president of the European Steel Association (EUROFER) has said.

Trump Raises Steel Tariffs to 25%

11 February 2025 - Invoking Section 232, President Donald Trump on Monday imposed a blanket 25% tariff on steel and aluminum entering the U.S.

Commerce Department Wants to Raise Tariffs on Nippon Steel

19 November 2024 - Just as Nippon Steel Corp. promised unionized United States Steel Corporation workers that it wouldn’t export slabs at the company’s expense, the U.S. Commerce Department proposed to push up tariffs on Nippon imports.

Zekelman Industries Files Trade Lawsuit Against Mexico

24 October 2024 - Pipe and tube manufacturer Zekelman Industries is suing Mexico, contending that the country is violating trade agreements and dumping steel on the U.S. market.

Chinese Exports on Pace for 100M Metric Tons in 2024

15 October 2024 - With three months still to go in 2024, Chinese steel exports to the rest of the world have reached 81 million metric tons, up 21% from 2023, reports the Bloomberg news service.

China Lodges Complaint Over Canadian Steel Tariffs

02 October 2024 - China has filed a complaint with the World Trade Organization over Canada’s new 25% tariff on Chinese steel, aluminum and electric vehicles.

Surging Imports Prompt Liberty Steel and Wire to Pause Production

26 September 2024 - Liberty Steel and Wire is throttling back production and temporarily laying off employees at its Peoria, Ill., USA, facility, reports the (Peoria, Ill.) Journal Star newspaper.

Steel Groups to Senate: Pass Leveling the Playing Field Act

11 September 2024 - The Steel Manufacturers Association, the American Iron and Steel Institute, the United Steelworkers union and other manufacturing groups are urging the U.S. Senate to pass a bill that would give the government additional tools to stop unfair trade practices by China.