Trade unions want the UK government to commit more cash to Tata Steel, enabling it to invest more in decarbonising south Wales' Port Talbot plant.

The UK government is putting Tata Steel at a disadvantage compared with its European peers with the comparatively low level of funding it is providing to help the company decarbonise.

The largest stainless steel producer in the United States is in Carroll County, and it's getting even bigger thanks to a $244 million investment.

Finished Import Market Share at 21%.

In the week ending on January 27, 2024, US domestic raw steel production was 1,680,000 net tons while the capability utilization rate was 75.6 percent.

World No. 2 iron ore supplier Vale SA delivered a bigger-than-expected increase in production last quarter in a result that may undermine prices of the key steelmaking ingredient.

China will continue to uphold its dominant position in the global shipbuilding market this year.

Prices of the capital goods monitored by the Chinese government were lower in mid-January compared with early January, official data showed Wednesday.