Steel News

AISI Lauds Signing of Infrastructure Bill

16 November 2021 - American Iron and Steel Institute (AISI) president and chief executive Kevin Dempsey yesterday issued a statement that hailed the signing of the Infrastructure Investment and Jobs Act.

AISI Applauds Senate Agreement on Infrastructure Bill

29 July 2021 - The American Iron and Steel Institute (AISI) is urging legislators to pass an infrastructure plan after a bipartisan group of senators on Wednesday reached an agreement on its broader details.

Report: China Might Put More Taxes on Steel Exports

28 July 2021 - The Chinese government is considering additional tariffs on steel exports as a means to curb domestic production and reduce steel prices by keeping more of it at home, reports the Bloomberg news service.

Bad Weather Delays SDI Mill Construction

21 July 2021 - Heavy rains and flooding in southeastern Texas have forced Steel Dynamics Inc. (SDI) to delay the planned start of steelmaking at its new flat-rolled mill.

EU Formally Proposes Carbon Border Adjustment Tax

14 July 2021 - The European Commission on Wednesday unveiled a carbon border adjustment tax as part of a sweeping plan meant to combat climate change.

EU Renews Steel Safeguard Measure

30 June 2021 - The European Union is extending the steel import safeguard measures that it put in place following imposition of the U.S. Section 232 tariffs.

Report: Climate Change Could Strand New BF Investments

29 June 2021 - The global steel industry is at risk of having to write off US$47 billion to US$70 billion in new steelmaking assets as the world moves to a carbon-neutral future, according to a new report.

Japan's Government Wants to Jump-Start Green Steel Development

23 June 2021 - Japan hopes to speed up development of hydrogen-based steelmaking and help the country’s steel producers become leaders in green steel production, reports commodities news and pricing provider Argus Media.

Biden Administration Looks to Settle Steel Tariff Dispute by December

15 June 2021 - The U.S. Section 232 tariffs on steel and aluminum will remain in place for the time being, but the Biden administration on Tuesday said it is committed to resolving the dispute with the EU over the tariffs.

Report: Section 232 Tariffs on EU Steel Could Lift By Year’s End

09 June 2021 - The U.S. and the EU could announce a commitment next week to rescind America’s Section 232 tariffs on steel and aluminum and Europe’s retaliatory tariffs that were imposed in response, reports the Reuters news service.

Report: EU Readying Draft of Carbon Border Tax

03 June 2021 - The European Union is drafting a plan to impose a carbon border tax on steel and other goods and is set to unveil the plan next month, reports the Reuters news service.

The Biden Administration’s Tariff Dilemma

28 May 2021 - The Biden administration is facing a difficult decision when it comes to the Section 232 steel and aluminum tariffs, reports The Hill.

Report: Carbon Fee Could Encourage Growth of American Steel

26 May 2021 - A group that is pushing for a carbon fee and carbon border adjustment as a means to cut carbon emissions has published a case study arguing that those measures could benefit the U.S. steel industry.

worldsteel: Industry, Government Cooperation Necessary for Low-Carbon Future

26 May 2021 - The global steel industry is committed to reducing its carbon footprint, but to succeed, the industry must have the right public policy framework in place, the World Steel Association (worldsteel) says in a new climate change policy paper.

Section 232 Tariffs Must Remain, Producers Tell Biden Administration

19 May 2021 - U.S. steel producers and the United Steelworkers union are urging the Biden administration to keep in place the Section 232 tariffs on imported steel and aluminum, arguing that they are having the intended effect.

US, EU Plan Talks on Steel Tariffs, Excess Steel Capacity

18 May 2021 - The United States and the European Union are opening discussions on combating excess steel capacity and ending America’s Section 232 tariffs on steel imports from the European Union.

China Orders Steel Cuts

14 May 2021 - China is moving to curtail steel output and capacity as it attempts to reduce air pollution and overcapacity in a hot steel market, reports the South China Morning Post.

To Keep Steel at Home, China Drops Rebate on Export Tax

29 April 2021 - China is rescinding an export tax rebate on a range of steel products and lifting tariffs on some imports, an effort to reduce output but sustain its own domestic market, reports the Bloomberg news service.

Steel Caucus Urges Buy American Provisions in Infrastructure Plan

19 April 2021 - Any infrastructure and economic recovery bills must include domestic procurement provisions, especially for sourcing steel, the Congressional Steel Caucus has written in a letter to Congressional leadership, reports The Times newspaper of northwest Indiana.

U.S. Trade Representative Criticizes China's Excess Steel Capacity

06 April 2021 - The Office of U.S. Trade Representative Katherine Tai is taking China to task, calling it the world’s No. 1 offender in enabling excess steel capacity.