Steel News

Report: China Dismisses Trump Administration's Potential Trade Action as a Bluff

19 January 2018 - The Trump administration is expected to soon make decisions on several significant trade actions – moves to restrict imported steel in the name of national security among them.

Wheat Growers Call Out Steelmakers Over Section 232 Investigation

15 January 2018 - Highlighting the difficulty U.S. President Donald Trump faces in deciding whether to set new import restrictions on steel, the U. S. Wheat Association on Monday said extreme measures would hold disastrous consequences for other U.S. industries.

Decision Time: Trump Receives Commerce Department's Awaited Section 232 Report

12 January 2018 - The U.S. Department of Commerce has concluded its Section 232 investigation on steel imports and has sent its long-awaited report to President Donald Trump, but it will not immediately release its findings and conclusions, officials have announced.

For President Trump, Decision on Steel Tariffs Looms

11 January 2018 - Within the next four days, the U.S. Department of Commerce is to send to the president its much anticipated report on whether imported steel poses a threat to national security.

China Sets New Steel Capacity Rules

08 January 2018 - The Chinese government is imposing new rules on steelmakers who want to build new capacity, reports the Reuters news service.

China Scraps Steel Export Tax

15 December 2017 - China is reducing or altogether eliminating its export tax on certain steel products, a move that likely will inflame trade tensions with the U.S. and European Union, according to reports.

Steel Countries Reach Initial Agreement on Excess Capacity

01 December 2017 - Roughly three dozen nations have agreed to a set of principles addressing the world’s excess steel capacity, but some industry representatives say more action is needed to solve the problem.

India Looks to EAFs to Meet National Production Goal

01 December 2017 - India Steel Minister Chaudhary Birender Singh said his country will encourage electric arc furnace production as a way to increase steel output, reports the Press Trust of India.

Steel Summit on Overcapacity Opens Thursday

29 November 2017 - Representatives of the Group of 20 countries, along with those from certain others, are to begin a new round of talks Thursday over the world’s excess steelmaking capacity -- and America’s potential response to the problem.

Democrats Prod Trump to Act on Steel Tariffs

27 October 2017 - U.S. Senate minority leader Chuck Schumer, D-N.Y., said he’ll block nominations of two Commerce Department officials if the Trump administration doesn’t move on plans to impose new trade measures against imported steel and aluminum, reports The New York Times.

U.S. EAF Producers Gain a Bigger Voice in Congress

25 October 2017 - In a move emblematic of the shifts in American steel production, a southern U.S. representative has been appointed as co-chairman of the Congressional Steel Caucus.

Germany Organizes Meeting to Discuss Steel Overcapacity

06 October 2017 - Germany has called a meeting with other top steelmaking countries to discuss global overcapacity, according to the Reuters news service.

USW Again Calls On Trump to Impose Steel Tariffs

25 September 2017 - Citing ArcelorMittal’s decision to halt plate rolling at its Conshohocken, Pa., USA, plant, the United Steelworkers union is issuing a new call to the Trump administration to complete its national security review of steel imports.

China Looks to Cut Pollution – By Reducing Steel Output

25 September 2017 - To curb pollution, China is preparing to initiate a first wave of steel production cuts that will reduce output at its largest steelmaking city by half, reports the (London) Financial Times.

India Well on Its Way to Meeting Steel Production Target

18 September 2017 - India is making strides toward its national goal of lifting steel production to 300 million metric tons, reports the Press Trust of India (PTI).

Chinese Steel Production Sets August Record

14 September 2017 - China’s steel output climbed to another new monthly record in August as mills cranked out 74.59 million metric tons, reports the Bloomberg news service.

India Wants Foreign Steel Producers to Build, Not Buy

07 September 2017 - As India looks to expand its steel capacity, it is encouraging foreign producers to undertake domestic expansion projects rather than buying up distressed assets.

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.