.gif?width=220&height=200&mediaprotectionhash=b13da841472e6e7ed500ee35df2a350aaf53d75246118b33ea2095cc7e9a3fc4&ext=.gif)
Policy
Public policy affecting the iron and steel industry.
Latest News
Canada Bars Russian Steel, Aluminum Imports
14 March 2023 - Canada has banned aluminum and steel imports from Russia, Canadian officials have announced.
South Korea Looks for Technological Solutions to Industrial Net Zero Strategy
28 February 2023 - South Korea will build a hydrogen-based direct reduction plant as part of a plan to achieve carbon neutrality in its industrial sector, reports commodities news and pricing service Argus.
Spain Grant to ArcelorMittal Decarbonization Project Cleared
20 February 2023 - The European Commission has OK’d a EUR460 million grant Spain plans to give to ArcelorMittal’s Gijon facility in support of its decarbonization efforts.
EU Reaches Agreement on Carbon Border Adjustment Mechanism
13 December 2022 - The European Union has reached a tentative agreement on a plan to tax imported goods whose manufacture produces high levels of carbon dioxide.
WTO Rejects Section 232 Steel and Aluminum Tariffs
09 December 2022 - The World Trade Organization (WTO) has ruled that the U.S. Section 232 steel and aluminum tariffs are improper under international trade rules and should be revisited, a conclusion that was quickly dismissed by the Biden administration.
EAF Steel Producers Push for Process-Agnostic Emissions Limits
17 November 2022 - A group of electric arc furnace (EAF) steel producers have formed a coalition to push back against steel production emissions standards that they say could unfairly punish electric steelmakers while giving blast furnace operators a pass.
Great Lakes Industry Group Will Pursue DOE Hydrogen Hub Grant
07 November 2022 - An industry-led consortium that includes Linde and Cleveland-Cliffs Inc. is moving ahead with an application for federal funding to support development of a hydrogen hub in the Great Lakes region.
Biden Administration Launches Effort to Boost Green Construction Materials
16 September 2022 - The U.S. federal government will prioritize the purchase of green steel and other low-CO2 construction materials as part of a broader effort to reinvigorate American manufacturing.
German Steel Association: Natural Gas Price Caps Are Needed
07 September 2022 - Germany's steel industry trade association, WV Stahl, is calling for price caps on natural gas, saying that the international competitiveness of the industry is under threat.
Collaboration Between EAF Producers, Energy Department Will Create New Model for Green Steel, SMA Says
16 August 2022 - The Steel Manufacturers Association (SMA) has offered its support for parts of the Inflation Reduction Act that are meant to promote industrial growth while decreasing air emissions.
SMA Welcomes Tenaris as Newest Member
28 July 2022 - The U.S. arm of pipe and tube maker Tenaris has joined the Steel Manufacturers Association (SMA), the company has announced.
Forget Crypto, Minister Says. Manufacturing Industry’s Energy Needs Should Take Precedence.
19 July 2022 - Steelmaking and crypto mining are energy-intensive endeavors and facets of the Swedish economy, but maybe the country should prioritize the former over the latter when it comes to energy resources, one official has said.
Russian Steelmakers Move to World Steel Sidelines
15 June 2022 - The World Steel Association (worldsteel) and its Russian members have agreed to pause their full participation in the association owing to EU sanctions on Russia, Kallanish reports.
Report: U.S. Sanctions Are Impairing Mordashov, Severstal
06 June 2022 - U.S. sanctions on Russian billionaire and Severstal founder Alexey Mordashov potentially could unravel the company’s efforts to establish itself in markets outside of the country, reports the Bloomberg news service.
Changes to Emissions Trading System Will Hinder Green Transition, EU Steel Leaders Say
31 May 2022 - The leaders of the European Union’s steel industry are calling on legislators to reconsider proposed changes to the bloc’s emissions trading system and carbon border adjustment mechanism, saying that the revisions would undermine the industry’s green transition.
U.S. Temporarily Suspends Section 232 Tariffs on Ukrainian Steel
10 May 2022 - Secretary of Commerce Gina M. Raimondo announced yesterday the U.S. will suspend Section 232 tariffs on Ukrainian steel for a period of one year.
American Steel Industry Celebrates Biden Administration’s “Buy America” Guidance
19 April 2022 - Representatives from the U.S. steel industry have expressed their support for the Biden administration’s new guidelines requiring the use of U.S.-made iron and steel in infrastructure projects funded through the Infrastructure Investment and Jobs Act (IIJA).
White House Issues Guidance Requiring U.S.-Made Steel for Infrastructure Act Projects
18 April 2022 - On Monday, the Biden administration issued a new memorandum clarifying its “Buy America” requirement for construction projects financed through the US$1 trillion Infrastructure Investment and Jobs Act (IIJA).
Canadian Steel Producers Call on Government to Implement Climate Measures
31 March 2022 - In a statement on Tuesday, the Canadian Steel Producers Association called on the Canadian government to work with industry to swiftly carry out the measures laid out in the Federal 2030 Emissions Reduction Plan.
European Council Agrees on the Carbon Border Adjustment Mechanism
30 March 2022 - The European Council of the European Union (EU) announced earlier this month it had reached agreement on the Carbon Border Adjustment Mechanism (CBAM) regulation, which will cover cement, aluminum, electric energy production, and iron and steel products, among others.
