Steel News
For much of that time period, steel imports compliant with the Canada-U.S.-Mexico Agreement on trade didn’t face duties.
Officials said all future large industrial gas requests exceeding 10 mmcfd will now require ECC approval.
The UK is also set to slash its tariff-free quota of steel imports by 60% and levy a 50% tariff on imports above that level, also on 1 July.
The Luxembourg-based steel producer stated that proceeds from the transaction will be directed toward its ongoing share repurchase programme.
EU lawmakers voted by 606 to 16 in favour of the measures, with 39 abstentions.
For the year so far, the country produced 35,183,000 net tons, averaging a capability utilization rate of 78.3 percent.
The Bartonville Fire Department was called around 8:50 a.m. for two people with chemical burns at Liberty Steel.
India’s crude steel output jumped 11% in March compared to last year, making India one of the fastest-growing steel markets in the world.
On the supply side, China's steel production continued to shrink. Steel output in the first two weeks of May fell 3.2 per cent year-on-year.
Europe is a mature market with large demand for high-grade steel, for which Nippon Steel can leverage its “state-of-the-art” product technologies, the Japanese steelmaker notes.
A British government spokesperson said it was committed to respecting the rights of businesses.
Once operational, the site is expected to support about 200 full-time employees and 400 contracted delivery drivers.
In February, the company said it expected to post a loss of 70 billion yen for the year that ended in March due in part to a fire at a blast furnace and costs related to the U.S. Steel deal.
The company faced C$27.4 million in direct U.S. Section 232 tariff costs during the quarter.
AISI also honored Michael A. Grubb with the 2026 Market Development Industry Leadership Award for advancing steel’s competitive use in bridge construction.
Prospect Steel is the first steel fabricator in the state to use the technology.
The capability utilization rate for the week stood at 81.4%, improving from 76.6% recorded during the same period last year.
The Scunthorpe plant is responsible for thousands of jobs, and its blast furnaces mean it is the country’s last facility capable of making crude steel. Britain’s steel industry has been in decline for decades.
A key objective is to reduce carbon dioxide emissions by 70% during sheet steel manufacturing.
Closing is expected to occur during the fourth quarter of 2026.
The agreement included measures on protecting US national security.
The operations expansion comes at a crucial moment for American manufacturing.
Performance across product categories was mixed. Corrosion-resistant sheet and strip shipments showed strong growth, rising 13% year-over-year.
Regional output showed strong performance across major districts.
USTR and other agencies will hear testimony from nearly 150 representatives of companies, trade groups, foreign governments and think tanks through Friday, according to a USTR schedule.