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Policy
Public policy affecting the iron and steel industry.
Latest News
AISI, SMA Applaud US$2 Trillion Infrastructure Plan
01 April 2021 - American steel producers expressed support for President Joe Biden’s US$2 trillion infrastructure plan, saying that it will create jobs and rebuild infrastructure while emphasizing domestic procurement, but took issue with the administration’s plan to pay for it.
Section 232 Tariffs Should Stay, Argues Economic Think Tank
24 March 2021 - The global steel overcapacity problem should be fixed through some sort of a multi-lateral solution, but until one is reached, the U.S. should keep its Section 232 tariffs in place, according to the left-leaning Economic Policy Institute.
OECD Raises Alarm on Global Steel Overcapacity
23 March 2021 - The Organisation for Economic Co-operation and Development (OECD) Steel Committee is warning that the global industry faces a heightened risk from excess production capacity as the COVID-19 pandemic tamps down demand.
Hydrogen Takes Center Stage in New Collaboration Agreements
18 March 2021 - POSCO and Australian electricity and natural gas producer Origin Energy have signed a memorandum of understanding on an effort to bring green hydrogen to South Korea, reports the The Sydney Morning Herald newspaper.
Carbon Reduction Efforts Could Drive Big Changes in Chinese Steel Industry
04 March 2021 - With China’s annual parliamentary meetings getting underway today in Beijing, the country’s steel industry could see a number of important policy changes, reports commodities news and pricing service S&P Global Platts.
U.S. Steel Tariffs Survive Another Challenge
05 February 2021 - The U.S. Court of International Trade has upheld the Section 232 steel and aluminum tariffs, ruling against a group of steel users who argued that the way the tariffs were imposed was flawed, reports the Reuters news service.
Steel Groups Push for Continuation of Steel Tariffs, Quotas
12 January 2021 - Four industry trade groups and the United Steelworkers union are urging U.S. President-elect Joe Biden to keep in place tariffs and quotas on steel imports, saying that the measures are necessary ensure the viability of the U.S. steel industry.
China Sets Its Sights on Scrap
07 January 2021 - China is opening up its borders to scrap steel imports, seemingly to support electric arc furnace steelmaking, reports industry publication Recycling Today.
Steel Caucus Names Co-Chairman
14 December 2020 - Indiana Congressman-elect Frank Mrvan has been appointed as co-chairman of the Congressional Steel Caucus.
Germany, thyssenkrupp Discuss Rescue Plan
10 November 2020 - thyssenkrupp is negotiating a rescue package with the German government said to be worth EUR5 billion, according to the Bloomberg news service.
Mexico Promises to Watch U.S. Electrical Steel Exports
05 November 2020 - Mexico will begin to closely monitor exports of electrical transformer laminations and cores under an agreement with the U.S.
SMA, EUROFER and Others Urge Steel Capacity Forum to Expand Efforts
22 October 2020 - Steel industry associations throughout the world are reiterating a call for the Global Forum on Steel Excess Capacity (GFSEC) to step up its work on the persistent problem.
Report: EU Drafting Carbon Tax on Steel Imports
13 October 2020 - The European Commission is working on a plan to impose a carbon tax on imported steel, cement and electricity, reports the Reuters news service.
EUROFER: Climate Goals Are Important, But So Is a Plan for Meeting Them
17 September 2020 - If the European Union hopes to achieve a newly proposed carbon emissions goal, it will have to quickly adopt a set of enabling measures that support the effort, the European Steel Association (EUROFER) said Thursday.
Chinese Steel Production Sets August Record
15 September 2020 - Healthy steel demand lifted China’s August crude steel output to a record 95 million metric tons, reports commodities news and pricing service Argus.
Trump Tightens Up Restrictions on Brazilian Steel Imports
02 September 2020 - U.S. President Donald Trump is lowering the limits on Brazilian steel imports, reports the Reuters news service.
EU Looks to Build Hydrogen Electrolysis Capacity
09 July 2020 - The European Union’s Clean Hydrogen Alliance held its inaugural meeting Wednesday and backed a goal to install at least 6 GW of renewable hydrogen electrolysis capacity by 2024.
EU Steel Producers Disappointed by Decision on Safeguard Measure Revisions
01 July 2020 - The European Steel Association and the IndustriAll European trade union have called for an emergency meeting with EU policy makers after the bloc’s governing body declined to lower limits on steel imports.
Supreme Court Passes on Section 232 Challenge
23 June 2020 - The U.S. Supreme Court has declined to hear a challenge to President Donald Trump’s Section 232 tariffs on steel and aluminum imports, an action that leaves the controversial tariffs in place.
Germany Lays Big Bet on Hydrogen
11 June 2020 - Germany plans to invest EUR9 billion in efforts that promote hydrogen production and use under a national hydrogen strategy adopted Wednesday.
