More than 9 million tons of steel capacity idle in the EU
Most of the shutdown enterprises are managed by Liberty Steel Group |
February 2025 crude steel production
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World crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) was 144.7 million tonnes (Mt) in February 2025 |
Iran’s mining exports up 1.2% in 11-month period
Figures showed that the country had exported more than 58.5 million metric tons (mt) of mining and metals products in the 11 months to February 18, Press TV reported. |
Iran’s mild steel output down 6.7% y/y in 11-month period
ISPA figures cited in local media reports on Saturday showed that Iranian steel mills had produced 26.953 million metric tons (mt) of semi-finished steel in April-February |
China's HBIS collaborates with Vale to advance steel decarbonisation
Chinese steelmaker HBIS group signed a memorandum of understanding (MoU) with iron-ore mining giant Vale to promote decarbonisation in the steel value chain, both companies said on Thursday. |
European Commission publishes Steel and Metals Action Plan
On March 19, the European Commission (EC) unveiled its Steel and Metals Action Plan, which aims to strengthen the sector’s competitiveness and protect its future. This is stated in the press release of the institution. |
Trump imposes additional 25 pct tariffs on steel, aluminum from Canada
Trump's latest announcement to double tariffs on Canadian steel and aluminum imports to 50 percent represents a significant increase. |
Canada's Ontario suspends energy surcharge after Trump threat
Canada's Ontario on Tuesday agreed to suspend its 25 percent surcharge on electricity exports to three US states, after US President Donald Trump's threat to double tariffs on steel and aluminum from Canada. |
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