Policy
Public policy affecting the iron and steel industry.
Latest News
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.
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.
