HS2 firm says new steel tariffs will ‘exacerbate’ cost pressures for UK construction industry
A major contractor for HS2 has warned that increased tariffs on steel imports will worsen cost issues in the UK construction sector.
Ex Ilva, Jindal presents the proposal. Flacks relaunches on the industrial plan
The bidding for Ex Ilva has reenergized as Jindal presented a binding proposal that competes with Flacks' previous offer, amid demands for clarity on industrial and financial plans.
Reports: Stegra's financing is close to a solution
Discussions are underway regarding the power distribution between new and old owners of the struggling steel company Stegra, which is facing a financial crisis requiring significantly more funding than previously estimated.
Zero tariffs on cars, steel, and aluminum, seeks Claudia Sheinbaum in T-MEC
Claudia Sheinbaum emphasizes the importance of maintaining zero tariffs on the automotive, steel, and aluminum industries during T-MEC discussions with the United States.
Billion Investment in SSAB in Borlänge - but No New Jobs
SSAB in Borlänge continues to invest in steel production for the automotive industry despite a challenging global environment, but no significant new jobs are expected.
Keir Starmer unveils landmark steel strategy to boost British industry
Keir Starmer has introduced a new strategy aimed at increasing the percentage of domestically produced steel in the UK to 50%.
KEIR STARMER: 'British steel can help fire up country's economy'
Keir Starmer emphasizes the potential of the British steel industry in revitalizing the national economy amid challenges.
Why UK's new steel tariff is a watershed moment
The UK government's new steel tariff and strategy marks a significant shift in economic policy aimed at supporting the domestic steel industry.
Ostrava's New Steel Plant Plans to Reduce Number of Employees, Up to 270 People May Leave
The Ostravská Nová Huť steel plant in Czechia plans to lay off up to 270 employees amid ongoing challenges.
Ostrava New Steel plans to reduce the number of employees, up to 270 people could leave
Ostrava New Steel is preparing to cut up to 270 jobs due to performance issues.
US trade probes hit Korea’s already struggling steel, petrochemical sectors
The US government's investigation into South Korea's trade practices adds to the existing challenges faced by the country's steel and petrochemical industries, already impacted by economic stagnation and competition from China.
Taxpayer bill for saving Scunthorpe steel furnaces could top £1.5bn by 2028, auditor says
The cost of saving Scunthorpe's steel furnaces could exceed £1.5 billion by 2028, according to a government auditor report.
Double Trouble of Trade Pressure due to Long-term Recession and China's Over-supply: US Section 301 Investigation on Steel and Petrochemicals
The US government is initiating a Section 301 investigation that impacts South Korean steel and petrochemical industries amid long-term recession and excessive supply from China.
Layoffs and Tens of Millions in Losses. The New Steelworks is Still in a Coma
The new management of the struggling steel company Liberty Ostrava has not shown signs of recovery after six months, leading to layoffs and significant financial losses.
What is not said about Mexican steel
The article discusses the environmental impact of Mexican steel production in light of U.S. scrutiny over steel imports and the accusations regarding Chinese steel.
The steel industry in Mexico operates at its lowest level in a quarter of a century
The Mexican steel industry is currently operating at approximately 55% of its installed capacity, marking a 25-year low, according to the new president of Canacero, Sergio de la Maza Jiménez.
Acquisitions: Traditional Company from the Ruhr Becomes American
The German steel processor Klöckner & Co presents its last financial report as an independent company before being taken over by the American company Worthington Steel.
Steel Industry: Thyssenkrupp CEO Attacks Federal Government – and Defends the EU
The CEO of Thyssenkrupp criticized the German federal government for being hesitant in addressing the challenges faced by the steel industry, while also defending the European Union from frequent criticism.
No More Delays on the ex Ilva. But Without the State
The Italian government is pushing for a swift resolution regarding the sale of the ex Ilva steel plant, as delays could imply an impasse affecting both the negotiations and the financial viability of the plant.
Valeria is forged in steel: from computing to the production control center
An Ecuadorian woman named Valeria transitioned from a passion for computing to working at Novacero's production control center.
"The Nightmare of Medium-Sized Companies": Thyssenkrupp Enters Investor Poker
An American investment fund expresses interest in Thyssenkrupp's steel division amid ongoing discussions with Indian investors.
Fatal blow for industry in Luleå – 195 employees affected at Gestamp
Gestamp in Luleå, a manufacturer of steel components for the automotive industry, will shut down due to the weak vehicle market in Europe, affecting 195 employees.
Nigeria seeks German investment to develop steel industry
Nigeria is aiming to attract long-term German investments to enhance its steel industry and transition from raw material exports to value-added production.
Relocation of companies will boost steelmakers
The strategic location of Mexico and new tariffs on steel imports from non-free trade countries are expected to accelerate growth in the national steel industry.
Stop all hot areas of the former Ilva in Taranto
A Milan civil court has ordered the suspension of operations in the hot area of the former Ilva steel plant in Taranto due to health risks for local residents starting August 24, 2026.
Tykač is interested in the collapsed British steelworks
Tykač is exploring opportunities in the collapsed British steelworks sector.
Nippon Steel Issues 600 Billion Yen Convertible Bonds, Utilizing Funds for Acquisition of US Steel
Nippon Steel has announced the issuance of 600 billion yen in convertible bonds to finance its acquisition of US Steel, a significant investment in the steel industry.
Final Determination on Dumping of Hot-Rolled Steel Sheets from Japan and China by the Trade Commission
The Trade Commission of South Korea has determined that dumped imports of hot-rolled steel sheets from Japan and China have caused substantial harm to the domestic industry and recommended imposing anti-dumping duties.
Fossil-free steel from SSAB in Oxelösund to German defense giant Rheinmetall
SSAB in Oxelösund will supply fossil-free steel to Rheinmetall, marking a significant step in the defense industry towards sustainable materials.
Ex-Ilva, between Flacks and Marcegaglia tests of alliance
Marcegaglia and the Flacks group are strengthening ties to ensure a productive future for the former Ilva plant in Taranto.
Failed start-up of the blast furnace in Spain. The steel giant has a serious problem
A steel company in Spain is facing significant challenges after five failed attempts to restart a blast furnace, leading to its shutdown and a potential two-year repair process costing around €100 million.
Andrew Carnegie, from Poverty to Power: the story of the 'King of Steel' who inspired the American dream
Andrew Carnegie's remarkable journey from poverty in Scotland to becoming a leading industrialist in America highlights his significant contributions to the steel industry and urban development.
Andrew Carnegie, the billionaire King of Steel: "The man who dies rich dies dishonored"
Andrew Carnegie, a Scottish immigrant who became a billionaire steel magnate in the United States, famously stated that dying wealthy without giving back to society is dishonorable, sharing his perspective on wealth and responsibility.
Business Ticker: Thyssenkrupp Reports Quarterly Loss of 353 Million Euros
Thyssenkrupp has reported a quarterly loss of 353 million euros, attributed to the costs associated with its restructuring efforts in the steel division.
South Korea urges Brazil to reevaluate tariffs ahead of Lula's trip
The South Korean government has formally requested Brazil to reconsider a recent tariff increase on the steel industry, arguing that it harms both Brazilian industry and the integration of value chains between the two countries.
Korea Trade Insurance Corporation, in partnership with POSCO and Industrial Bank, supports 'Steel Supply Chain'
The Korea Trade Insurance Corporation (K-Sure) has issued its first 'Export Supply Chain Reinforcement Guarantee' for TGS Pipe, a small partner of POSCO, to aid the steel export industry.
ArcelorMittal secures its foothold in France by investing 1.3 billion euros in decarbonization
ArcelorMittal is investing 1.3 billion euros in electric arc furnace construction in Dunkirk, emphasizing its commitment to steel production in France.
Havlíček in the Disfavor of the Prime Minister? Babiš Arrived Among Union Members Without Him, Had an Explanation
The end of coal mining and the steel crisis are pressing issues for the Czech heavy industry, highlighted by recent events in Silesia where Prime Minister Babiš attended a miners' mourning event and steelworkers' protest without the Minister of Industry, Karel Havlíček.
Tubos Reunidos loses 71.3 million in 2025 and announces 301 layoffs
Tubos Reunidos reported a loss of 71.3 million euros in 2025 due to U.S. tariffs, leading to the announcement of 301 layoffs.
From steel pipes to clothing, the local industry creaks under commercial opening
The Argentine government is facing criticism regarding the competitiveness of local industries, with Minister Luis Caputo suggesting that protectionist measures have inflated prices for consumers.
‘We need to accept the cost’: future of British Steel unclear as bills for government build up
The future of British Steel remains uncertain amid rising government costs and operational challenges following its takeover.
Industry: Hope for Germany's Second Largest Steelworks
Germany's second largest steelworks, Hüttenwerke Krupp Mannesmann (HKM), faces reduced operations but a continuation under minority owner Salzgitter AG after negotiations.
POSTIMEES UKRAINAS ⟩ Zaporizhzhia steelworks hold the line at the factory
In Zaporizhzhia, a 38-year-old worker named Maksym describes the intense conditions at a steel plant amid conflict, illustrating the severe risks faced by those who continue to work there.
Kanadevia considers merger with Nippon Steel Engineering to become the largest in the engineering industry
Kanadevia has agreed to start discussions on a merger with Nippon Steel's subsidiary, Nippon Steel Engineering, which could lead to the largest plant engineering company in Japan with an annual revenue exceeding 1 trillion yen.
Steel fabricators 'on their knees' amid surge in Asian imports
Australian steel businesses are shutting down due to a surge in inexpensive imports from Asia, prompting inquiries into potential tariffs and quotas for protection.
Mora need to turn into the 'steel porcupine': How Ukraine plans to defend itself after the war with Russia
As sensitive peace negotiations unfold in early 2026, Ukraine is rethinking its security strategy, emphasizing the role of its military and defense industry as the core of future security guarantees.
Today, the German century talent controls a steelworks
Katja Seizinger, a former German skiing champion with three Olympic gold medals, reflects on her successful career and life since retiring.
Javier Milei, live: the latest measures of the Government
The article discusses President Javier Milei's recent government measures, opposition reactions, and comments from officials, including a new bidding for steel pipes and tensions with Techint.
US Steel Industry: Dreams in Rust Brown
The article discusses the struggles of Clairton, Pennsylvania, a city heavily affected by steel manufacturing and pollution, while highlighting Donald Trump's promises to revive the local steel industry.
Industry: US corporation buys traditional company from the Ruhr
The 1906-founded steel dealer Klöckner & Co. is being sold to Ohio's Worthington Steel, with a deal that offers Klöco shareholders an 80% premium per share.