Open / Close Advertisement

Policy

Public policy affecting the iron and steel industry.

Latest News

JSW Steel Eyes Green Steel Plant

24 October 2023 - As the European Union begins to roll out its tariff plan on CO2 intensive steels, India’s JSW Steel is looking to build a green steel facility by 2030, reports the business publication Mint.

Methodology Differences Hang Up U.S.-EU Arrangement on Sustainable Steel 

17 October 2023 - The U.S. and European Union reportedly are to announce a plan on thwarting unfairly traded and CO2-intensive steel this week, but both sides have differed in the approach, an executive from a U.S. steel producer said Tuesday. 

Report: EU to Initiate Anti-Subsidy Investigations on Chinese Steel 

10 October 2023 - The European Union reportedly will launch trade investigations into unfairly subsidized Chinese steel as a result of discussions with the U.S. over the proposed a Global Arrangement on Sustainable Steel and Aluminum, reports the (London) Financial Times. 

Work Continues on U.S.-EU Green Steel Deal   

20 September 2023 - Representatives of the U.S. and European Union are continuing to negotiate a trade deal on green steel and aluminum in advance of a trade summit in the back half of October, reports Politico. 

U.K. Agrees to Help Fund Tata Steel Decarbonization Effort 

15 September 2023 - The U.K. government has agreed to provide GBP500 million in support of Tata Steel’s EAF conversion at its Port Talbot works, the company has announced. 

Report: U.K. Government Discussing Aid Package for Tata Steel 

05 September 2023 - Tata Steel is in advanced talks with the U.K. government on an aid package that would provide the steelmaker with GBP500 million, reports Sky News. 

U.S. Commerce Department Sets Anti-Dumping Duties on Tin Mill Products 

22 August 2023 - Tin mill products from China, Canada and Germany are facing preliminary anti-dumping duties as high as 122% under a U.S. Commerce Department ruling. 

Australia Considers Implementing CBAM on Steel, Cement

16 August 2023 - The Australian government is weighing whether the country should take a cue from the European Union and impose carbon tariffs on steel and cement coming from countries with lower climate goals.

Global Steel Climate Council Puts Final Touches on Green Steel Standard

03 August 2023 - The Nucor Corp.-led Global Steel Climate Council has published the final version of its green steel standard. 

Germany Confirms Funding for thyssenkrupp Decarbonization Project

27 July 2023 - The German government has confirmed formal approval of nearly EUR2 billion in funding for thyssenkrupp Steel’s transformational decarbonization project, the company has said.  

Report: Some China Mills Receive Order to Contain Output

27 July 2023 - Some Chinese mills have been told to keep steel production to 2022 levels, reports the Reuters news service. 

EU Greenlights ArcelorMittal, thyssenkrupp Decarbonization Funding

20 July 2023 - The European Commission has signed off on EUR2.85 billion in state aid that will go to decarbonization efforts at thyssenkrupp and ArcelorMittal. 

European Steel Producers, Workers Push for Government Support 

14 June 2023 - Approximately 12,000 steelworkers rallied at thyssenkrupp Steel headquarters in Duisburg, Germany, Wednesday, demanding that the German government commit to funding the industry's effort to abate CO2 emissions, reports the Reuters news service. 

thyssenkrupp Green DRI Project to Receive Government Support

06 June 2023 - Germany is preparing to support thyssenkrupp’s plans to build a green iron plant in Duisburg with EUR2 billion in funding, reports the Reuters news service. 

U.S. Trade Representative Seeks Data on Steel CO2 Intensity

06 June 2023 - U.S. Trade Representative Katherine Tai has asked for a study of the steel and aluminum industries’ greenhouse gas emissions amid negotiations between the U.S. and EU over trade of the CO2-intensive metals. 

Biden Administration Focused on Negotiating CO2-Based Steel Import Restriction

16 May 2023 - The Biden Administration is continuing to work toward an arrangement with the European Union that would penalize imports of CO2-intensive steel, U.S. Commerce Secretary Gina Raimondo told steel industry players on Tuesday, according to the Reuters news service. 

Coalition Releases Green Steel Standard

26 April 2023 - The Nucor Corp.-led initiative that is proposing a global standard for CO2 emissions has published the standard and is seeking industry input. 

Supreme Court Turns Down Challenge to Section 232 Steel Tariffs  

27 March 2023 - The U.S. Supreme Court has declined to consider an appeal arising from former President Donald Trump’s Section 232 tariffs on iron and steel, reports the Reuters news service. 

Steel Manufacturers Association Adds TimkenSteel to Its Roster 

20 March 2023 - Special bar quality producer TimkenSteel has joined the Steel Manufacturers Association (SMA), and the steelmaker’s chief executive has joined the trade association’s board of directors. 

OECD Steel Committee: Big Capacity Growth, but Little Demand Growth in 2023

15 March 2023 - Global steel demand will grow by a mere 1% in 2023, far outpaced by growth in steelmaking capacity, according to the Organisation for Economic Co-operation and Development (OECD)’s steel committee.  

Page 2 of 17