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.

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's latest announcement to double tariffs on Canadian steel and aluminum imports to 50 percent represents a significant increase.

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.

Australian steelmaker BlueScope Steel has announced that the administrators of UK-based steelmaker Liberty Steel Group's

The American Iron and Steel Institute (AISI) reported that for the month of January 2025, U.S. steel mills shipped 7,435,458 net tons.

In the week ending on March 1, 2025, domestic raw steel production was 1,641,000 net tons while the capability utilization rate was 73.7 percent.

To discover new business opportunities, China's foreign trade enterprises are actively expanding into high-growth markets and high-potential industries.