Steel News

worldsteel Shortlists Finalists for the steelChallenge-20 Global Championship

Regional first-place winners from both the Industry and University Student categories will compete for the world title next April.

Canada will tax American steel

Carney announced the new 25% levy on steel derivative products as part of a suite of measures to help producers.

Algoma Steel may have closed without the government loans: Garcia

It modernizes our plant, broadens our product offering, and positions us as a global leader with access to new markets.

Steel Dynamics Wraps Up Buyout of Remaining Equity in New Process Steel

New Process Steel operates six manufacturing facilities—four in the United States and two in Mexico, including locations within Steel Dynamics’ Butler, Indiana and Columbus, Mississippi divisions.

U.S. Steel Output Records Annual Growth Despite Week-to-Week Slowdown

However, output slipped 1.4% week-over-week from the week ending November 22, 2025, when mills produced 1,761,000 net tons and operated at a 76.9% utilization rate.

Canada's Algoma Steel to Cut 1,000 Jobs Amid US Tariffs

The layoffs come into effect on March 23.

New Tariff Rate Quotas Threaten Korean Steel Export Competitiveness

With both the United States and Canada expanding steel tariffs, the North American investment plans of POSCO Group and Hyundai Steel have accelerated.

Steel industry says Carney is moving in the right direction, but needs to pick up the pace

For now, she said she was very happy to see policies that will open up new domestic demand.

Canada Clarifies Intent Behind New Steel-Derivative Tariffs

It must be noted that the clarification comes at a crucial time in the trade relationships between the two countries.

SSAB Americas raises prices for rolled steel by at least $40/t

The company produces thick plate at plants in Alabama and Iowa, supplying industrial consumers in the United States.

US-EU Trade Talks Link Steel Tariffs to EU Tech Rules

The investigations aim to ensure fair competition by requiring major platforms to allow developers to promote alternative services and prohibiting practices that disadvantage third-party products.

China Remains World's Top Steel Producer Despite Sharp Drop – worldsteel

Iran’s output increased the most, rising 12% from the same month the previous year.

U.S. Raw Steel Output Climbs 9.2% Year-Over-Year in Late November: AISI Report

The Southern region produced the most, at 804,000 net tons.

Trump appoints two Commerce officials to oversee U.S. Steel under ‘golden share’ agreement

The golden share goes to future U.S. presidents or their designee after Trump leaves office.

Global Crude Steel Production Falls 5.9% in October, Says worldsteel

The Middle East region's steel production increased the most, rising by 9.2% over the same month a year before.

BlueScope Steel Continues Strategic Buy-Back Program

This buy-back initiative is part of BlueScope’s strategy to manage its capital structure and enhance shareholder value.

Republic Steel could see reinvestment from international companies

Bradley said there was only a security crew and a sole Republic Steel employee left at the facility.

Canada’s Algoma Steel has finalized a $500 million government financing agreement

The 7-year credit lines will strengthen Algoma’s financial flexibility as the company moves forward with its transition to electric arc furnace steel production.

U.S. Steel Mills Boost Production to 1.745M NT, Capacity Utilization Climbs to 76.2%

The nation produced 1.745 million net tons (NT) of domestic raw steel during the week.

Port of Cleveland Sess Less Cargo Under Steel Tariffs

The port is just one of the many downstream industries that are bearing the cost of the tariffs.

U.S. Steel Import Permit Applications Decline Sharply in September 2025

In September of this year, 1.650 million net tonnes of permit applications were filed, according to data from the Commerce Department.

Las Cruces moves forward with $17.6 million plan to attract Canadian steel manufacturer

The company will also make payments in lieu of taxes to the Las Cruces Public Schools equivalent to what the school district’s mill levy rate would be for the property, per the lease agreement. 

Tata Steel Q2 FY26 Profit Surges Fourfold, Driven by Robust India Operations

The Netherlands operations reported revenues of 1,551 million euros and EBITDA of 92 million euros.

What caused a deadly explosion at a US Steel plant? New details released

The federal Chemical Safety Board, which has opened an investigation into the explosion, didn't immediately responded to a request for comment on Aug. 16.

Liberty Steel being investigated in Romania for embezzlement

A GFG spokesperson said: “Liberty Steel and its management will vigorously defend itself against the unfounded allegations directed at the company.