Steel News

EUROFER: Material Life Cycle Costs Should Be a Part of Vehicle Emissions Standards

05 September 2017 - The European Steel Association (EUROFER) is calling on EU officials to account for the life cycle carbon costs of materials in drafting new rules for vehicle emissions.

Report: Trump Twice Said No Deal to China on Offer to Reduce Steel Capacity

29 August 2017 - U.S. President Donald Trump apparently wants tariffs on imported Chinese steel so much so that he rejected an offer from Chinese leaders for additional capacity cuts, reports the (London) Financial Times.

Trump Demands Import Tariffs

28 August 2017 - Should there be any question on where U.S. President Donald Trump wants to take trade policy, perhaps this will be helpful.

U. S. Steelmakers Make the Case for Import Restrictions Directly to Trump

24 August 2017 - Top executives at 25 American steel companies have appealed directly to President Donald Trump for relief from imported steel.

IMF: China's Steel Capacity Reductions Have Had 'Muted' Impact

15 August 2017 - The International Monetary Fund said China’s efforts to cut excess steel and coal capacity have had a "muted" impact on its production and that the country could stand to make more aggressive cuts.

Policy Fuels China's Rising Iron Ore, Steel Prices

08 August 2017 - Iron ore and steel prices are rising in China as government policies have helped to tighten supply and increase demand, reports the Bloomberg news service.

Timing of Section 232 Decision Remains Uncertain

28 July 2017 - U.S. Commerce Secretary Wilbur Ross said he’ll defer to President Donald Trump on the timing of the administration’s Section 232 decision, according to the Reuters news agency.

USW to Trump: Get on With It Already

27 July 2017 - In regard to the Trump administration’s decision to delay action on new steel trade measures, the United Steelworkers union has this much to say: “What are you waiting for?”

Imposing Section 232 Measures Could Start Trade War, Critics Say

18 July 2017 - U.S. President Donald Trump is being warned that he could wind up instigating a trade war and upending the global trading system if he imposes restrictions on steel imports in the name of national security, reports The Hill newspaper.

Trump: Maybe I'll Set Both Steel Tariffs and Quotas

13 July 2017 - U.S. President Donald Trump said he might impose both tariffs and quotas on steel imports to keep volumes of foreign steel in check.

Economists To Trump: Don't Impose Section 232 Steel Tariffs

12 July 2017 - A group of economists who all served as U.S. presidential advisers are warning that new restrictions on imported steel could harm relationships with allies and damage the economy.

EUROFER Upbeat on Steel's Prospects for Remainder of Year

11 July 2017 - The European Union’s first-quarter apparent steel consumption rose 3.1% year-over-year and is expected to grow through the remainder of 2017, but U.S. steel trade policies could have “disastrous” consequences, according to EUROFER, the European Steel Association.

EUROFER Urges U.S. to Rethink Steel Import Strategy

06 July 2017 - With the Group of 20 summit set to begin Friday in Germany, the European Steel Association is calling on member nations to renew commitments to free and fair trade – and on the U.S. to think carefully about imposing restrictions on European steel imports.

Trump: ‘Wait’ll You See What I’m Going to Do”

07 June 2017 - U.S. President Donald Trump visited Cincinnati, Ohio, on Wednesday, where he promised action soon on steel dumping and promised to investments in infrastructure.

China, EU Remain Apart on Global Overcapacity

02 June 2017 - European Union Commission President Jean-Claude Juncker said China and the EU narrowed differences over steel overcapacity and China’s insistence that it be treated as a market economy.

Missouri Legislators Open Special Session Debate on Bill to Aid Mill Project

22 May 2017 - After adjourning their regular legislative session earlier this month, Missouri lawmakers were summoned back to the capital on Monday to debate a bill aimed at luring a new steel mill to the state’s southeast region.

China Ambassador Nominee Says He'd Work to Stop Steel Dumping

02 May 2017 - With compliments aplenty during his confirmation hearing on Tuesday, Iowa Gov. Terry Branstad is likely to be confirmed as the U.S. ambassador to China, according to reports.

Canadian, Mexican Officials Say They're Open to Discussing NAFTA with U.S.

10 November 2016 - Canadian officials have extended a hand to U.S. President-elect Donald Trump, telling him that the country will work very closely with the new administration and that it is willing to renegotiate the North American Free Trade Agreement, reports The (Toronto) Globe and Mail newspaper.

Europe's Steel Industry Urges EU Leaders to Toughen Trade Measures

17 October 2016 - Nearly six dozen of Europe’s top steel executives have called upon European Union leaders to support measures that would protect the industry from unfair competition.

Vietnamese Steelmakers Will Be Held to Environmental Standards, Official Promises

09 September 2016 - A Vietnamese official said the country will strictly enforce environmental rules among its steelmakers to environmental rules and encourage the eventual closure of smaller operations that use outdated and polluting technology, reports the VnExpress newspaper.