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Policy
Public policy affecting the iron and steel industry.
Latest News
Trump Targets Key Imports With New Tariffs
28 January 2025 - President Donald Trump has targeted steel, aluminum and copper imports with new tariffs in an effort to ramp up U.S. production.
AISI Outlines Key Steel Industry Priorities
23 January 2025 - Enhancing existing trade measures and favorable tax policy top the U.S. steel industry’s list of policy priorities, according to the American Iron and Steel Institute (AISI).
McConnell: U. S. Steel Decision Is a Disservice to the Country
09 January 2025 - President Joe Biden’s decision to block the sale of United States Steel Corporation is a gift to organized labor that comes at the country's expense, U.S. Senate Minority Leader Mitch McConnell wrote in Wednesday’s The Wall Street Journal.
Report: Hyundai Eyes Louisiana for Steel Mill
07 January 2025 - Hyundai Motor Group is exploring the possibility of building a steel mill in Louisiana, reports The Korea Economic Daily.
Nippon Steel Chairman: No Reason to Give Up on U. S. Steel Deal
07 January 2025 - Nippon Steel Corp. has but one plan for its blocked acquisition of United States Steel Corporation — fight the decision in court.
U. S. Steel, Nippon Steel File Lawsuits Over Blocked Merger
06 January 2025 - United States Steel Corporation and Nippon Steel Corp. are appealing President Joe Biden's disapproval of their planned merger and suing the United Steelworkers union president as well as rival Cleveland-Cliffs Inc., contending that they colluded to thwart the deal.
Labor Caucus Tells Biden to “Repudiate” U. S. Steel Deal
18 December 2024 - The Congressional Labor Caucus has written to U.S. President Joe Biden, asking him to strongly repudiate Nippon Steel Corp.’s planned acquisition of United States Steel Corporation, the Bloomberg news service reports.
Bloomberg Report Says Biden Intends to Halt U. S. Steel Deal
11 December 2024 - President Joe Biden plans to follow through on a pledge to block Nippon Steel Corp.’s acquisition of United States Steel Corporation, according to a Bloomberg report.
SSAB Receives Funding for Process Conversion
11 December 2024 - SSAB has been awarded SEK1.45 billion in public funding for decarbonization efforts at its Luleå plant.
Mittal: Better Policy Needed to Preserve European Steelmaking
04 December 2024 - If Europe wants to continue to produce iron and steel, then it must immediately commit to building a better policy framework, ArcelorMittal founder and executive chairman Lakshmi Mittal writes in a (London) Financial Times op-ed.
Fewer Regulatory Hurdles, More Energy Would Help European Green Steel Projects
06 November 2024 - To speed up progress in the European steel industry, policymakers ought to work to reduce red tape, lower energy costs and coordinate more with industry, several finance experts said Wednesday.
European Commission OKs Sweden’s Financial Support for SSAB Project
21 October 2024 - The European Commission has approved Sweden’s plan to provide a EUR128 million grant to SSAB’s mini-mill project in Luleå.
ArcelorMittal Urges EU Action on Steel Plan
30 September 2024 - ArcelorMittal Europe chief executive officer Geert Van Poelvoorde has urged the European Union and the Polish government to adopt policies that will enable the industry to thrive.
Harris: Domestic Ownership of U. S. Steel Trumps Potential Job Losses
26 September 2024 - U.S. presidential candidate Kamala Harris on Wednesday reiterated her support for a domestically owned United States Steel Corporation, saying that control of the company outweighs the potential for job losses, reports the Bloomberg news service.
U.S. Energy Department Announces Effort to Measure Carbon Intensity of Industrial Products
25 September 2024 - The U.S. Department of Energy (DOE) is initiating a pilot project that will attempt to measure the greenhouse gas (GHG) intensity of certain industrial products, it said on Wednesday.
Report: China’s Steel Industry Could See Wave of Consolidation
23 September 2024 - With nearly 75% of China’s steel producers posting losses in the first half of this year, bankruptcy is a looming risk — and one that could spur consolidation among domestic producers, reports the Bloomberg news service.
Report: Decision on U. S. Steel Acquisition Likely to Come After Election
18 September 2024 - Nippon Steel Corp. has won permission to refile its plan for acquiring United States Steel Corporation, an action that will likely delay a decision on the merger until after the November election, reports the Bloomberg news service.
Steel Groups to Senate: Pass Leveling the Playing Field Act
11 September 2024 - The Steel Manufacturers Association, the American Iron and Steel Institute, the United Steelworkers union and other manufacturing groups are urging the U.S. Senate to pass a bill that would give the government additional tools to stop unfair trade practices by China.
U.K. Funding Allows Tata Steel EAF Project to Move Forward
11 September 2024 - Tata Steel has signed a GBP500 million funding agreement with the U.K. government, allowing it to move forward with a process conversion at its historic Port Talbot Works in Wales.
China Expands Carbon Trading Program to Include Steel
10 September 2024 - China’s steel, aluminum and cement producers will be added to the country’s national carbon trading market, the Bloomberg news service reports.
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