Steel News

Let's Not Disband the Global Steel Capacity Forum, EUROFER Says

28 March 2019 - The European Steel Association (EUROFER) is urging the world’s steel-producing countries to allow the Global Forum on Steel Excess Capacity to continue its work.

Court Rules Against Steel Importers' Section 232 Challenge

25 March 2019 - The U.S. Court of International Trade has rejected a challenge to the Trump administration’s Section 232 steel tariffs, reports Politico.

U.S. Working on Plan to Lift Section 232 Tariffs on Canada, Mexico

14 March 2019 - The U.S. is looking to lift the Section 232 tariffs on Canadian and Mexican steel and aluminum, a Trump administration official told a Senate committee, the Reuters news service reports.

Chinese Province Plans Steel Capacity Cuts

07 March 2019 - China’s northern steelmaking province of Hebei plans to lop 14 million metric tons of capacity this year and next in a bid to improve air quality, reports the Reuters news service.

Trump Economic Adviser Says He Wants to Remove Section 232 Tariffs on Canada, Mexico

25 February 2019 - White House economic adviser Larry Kudlow says he has begun an effort to lift the Section 232 tariffs on Mexican and Canadian steel and aluminum, reports the Bloomberg news service.

If Tariffs Remain, Canada Might Postpone Vote on USMCA Agreement, Minister Says

25 February 2019 - If the Trump administration doesn’t drop the Section 232 tariffs on Canadian steel and aluminum, Canada’s government might delay ratification of the U.S.-Mexico-Canada trade agreement, the CBC reports.

Commerce Department Completes Section 232 Investigation into Foreign Auto Imports

18 February 2019 - The U.S. Department of Commerce has sent the results of its Section 232 investigation into automotive imports to President Donald Trump.

Canada, Mexico Won't Adopt USMCA Trade Agreement With Section 232 Tariffs in Place, Senator Says

14 February 2019 - Mexico and Canada won’t ratify the new United States-Mexico-Canada trade agreement (USMCA) unless the Trump administration lifts the Section 232 tariffs on Canadian and Mexican steel and aluminum, according to Senate Finance Chairman Charles E. Grassley.

Association: Hard Brexit Could Impact One-Third of U.K. Steel Exports

05 February 2019 - A no-deal exit from the European Union has the potential disrupt nearly one-third of the United Kingdom’s steel production and would add significant costs for producers there, warns the UK Steel trade association.

Trump Signs Executive Order Expanding Buy American Preferences

31 January 2019 - President Trump on Thursday signed an executive order that strengthens Buy American preferences for infrastructure projects.

A New Congress Begins, and New Leadership Takes the Helm of Steel Caucus

25 January 2019 - U.S. Rep. Conor Lamb, a Pennsylvania Democrat serving the Pittsburgh region, has been named chairman of the Congressional Steel Caucus.

EU Sets Limits on Imported Steel

16 January 2019 - The European Union’s member countries have approved a cap on steel imports, an effort to prevent home markets from being flooded by a wave of foreign steel deflected from the U.S.

Chinese Steel Industry to Focus on 'Production Optimization' in 2019, Says Association Chairman

14 January 2019 - As it continues to execute supply-side reforms, China’s steel industry likely will switch gears this year and begin to consolidate and streamline operations, the chairman of the China Iron and Steel Association has said.

EU Countries to Vote on Steel Import Restrictions

09 January 2019 - The European Union is to vote next week on whether to make permanent its provisional safeguard measure on steel imports, reports the Reuters news service.

Section 232 Tariffs Have Fostered Job Creation, Capital Investment, Think Tank Says

11 December 2018 - The Section 232 steel and aluminum tariffs haven’t yielded the disastrous economic consequences some had predicted and, in fact, have created new jobs and allowed for renewed capital investment, an economic think tank argues in a new paper.

Mittal Calls for Green Tax on Steel Imported Into Europe

11 December 2018 - ArcelorMittal executives on Tuesday said Europe ought to tax imported steel under the terms of its Emissions Trading System as a way to prod foreign producers into reducing emissions and maintain a level playing field for domestic producers.

Here's China's Next Big Pollution Battle: Slag Piles

11 December 2018 - China has been trying to crack down on air pollution generated by its steel industry. Now, it’s targeting another type of pollution created by the mills – the thousands of slag piles that dot the country.

Section 232 Tariff Battle Enters a New Phase

21 November 2018 - The international dispute over the Trump administration’s Section 232 tariffs on steel and aluminum has ratcheted up, as opposing countries confirmed on Wednesday they will move to begin adjudication proceedings, the Reuters news service reports.

Trade Group: Section 232 is Producing Intended Results

08 November 2018 - The Section 232 steel and aluminum tariffs have driven US$8.2 billion in capital investments and have allowed for the creation or restoration of around 7,000 jobs, the president of the Alliance for American Manufacturing trade group said Thursday.

Report: Trump Administration Looks for Quotas on Mexican Steel

16 October 2018 - As part of discussion to lift the 25% tariff on steel imports with Mexico, U.S. negotiators are proposing a quota on Mexican imports, according to the Reuters news service.