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Policy
Public policy affecting the iron and steel industry.
Latest News
Report: Justice Department to Further Scrutinize Nippon Steel-U. S. Steel Deal
11 April 2024 - The U.S. Justice Department has initiated an in-depth antitrust investigation of Nippon Steel’s planned acquisition of United States Steel Corporation, according to a report in Politico.
Japan Prime Minister Hopes for Positive Outcome to U. S. Steel Acquisition
10 April 2024 - Japan Prime Minister Fumio Kishida expressed hope Wednesday that the Nippon Steel acquisition of United States Steel Corporation will come to pass.
Report: Europe So Far Has Committed EUR10 Billion to Steel Decarbonization Projects
10 April 2024 - European countries are throwing significant financial support to steel decarbonization projects, announcing EUR10.5 billion in grants between January 2023 and March 2024, according to Ukrainian think tank and consultancy GMK Center.
Biden Weighs in on U. S. Steel Acquisition
14 March 2024 - U.S. President Joe Biden is opposed to Nippon Steel Corp.’s planned acquisition of United States Steel Corporation, saying Thursday that it is important that the U.S. maintain “strong American steel companies powered by American steel workers,” according to the Associated Press.
EU OKs Germany Plan to Support ArcelorMittal Project
29 February 2024 - The European Commission has signed off on Germany’s EUR1.3 billion financial aid package to ArcelorMittal in support of the steelmaker’s plan to decarbonize facilities there.
Canada to Collect Steel Country of Melt and Pour Info on Steel Imports
21 February 2024 - Canada will join the United States as the only countries requiring melt and pour information on imported steel.
Doubts Arise Over China’s Latest Steel Production Numbers
22 January 2024 - Skepticism is again rising over China’s official economic activity measures, with steel being a prime case in point, report the (London) Financial Times.
NSC-USS Sale Doesn’t Impact National Security, Says Former Treasury Secretary
19 January 2024 - Former Treasury Secretary Lawrence Summers said national security is a non-issue when it comes to the Nippon Steel Corp. acquisition of United States Steel Corporation, reports the Bloomberg news service.
Report: U. S. Steel – Nippon Steel Deal Faces Scrutiny
11 January 2024 - Attorneys for United States Steel Corporation and Nippon Steel Corporation have been exchanging phone calls and emails as the Biden Administration prepares to review the planned acquisition of the American steelmaker, The Wall Street Journal reported Thursday.
Labor Caucus Seeks Review of U. S. Steel Acquisition
03 January 2024 - The U.S. Congressional Labor Caucus is asking the Biden administration to undertake a comprehensive regulatory review of Nippon Steel Corp.’s planned acquisition of United States Steel Corporation.
U.S., EU Extend Truce on Steel, Aluminum Tariffs
20 December 2023 - The United States and the European Union have agreed to continue pausing trade actions related to steel and aluminum imports, according to the Bloomberg news service.
Nippon Steel to Acquire U. S. Steel
18 December 2023 - United States Steel Corporation has agreed to be acquired by Japan’s Nippon Steel Corporation through a cash deal valued at US$14.9 billion, the companies announced Monday morning.
Senators Urge Action on Mexican Steel Imports
15 December 2023 - A group of U.S. senators have expressed alarm over surging steel imports from Mexico and are asking the Biden administration to either implement a previously agreed-upon export monitoring arrangement or take aggressive steps to counter shipments into the country.
Report: Germany to Back SHS Decarbonization Effort
13 December 2023 - The German government intends to provide EUR2.6 billion in funding for Staar-Holding Saar’s (SHS) planned decarbonization project, according to Kallanish.
Legislators Propose U.S. Carbon Border Adjustment Tax
07 December 2023 - Two U.S. lawmakers are reintroducing a bill that would assess a carbon border adjustment tax on energy-intensive imports, while incentivizing decarbonization of domestic manufacturing.
Four Countries Heighten Commitments to Green Steel Procurement for Public Projects
07 December 2023 - Canada, Germany, the United Kingdom and the United States have offered greater pledges to boost demand for low-CO2 steels and other CO2 intensive materials by leveraging their purchasing power to create new demand for the products.
What’s the Measure of Green Steel? The WTO Is Proposing One Way to Look at It.
04 December 2023 - The World Trade Organization has put on the table a set of principles meant to standardize how greenhouse gas emissions are measured in the global steel industry.
Government Affairs Executive to Lead Global Steel Climate Council
04 December 2023 - The Global Steel Climate Council has hired an executive director to advance the goals of the organization, naming Adina Renee Adler to the post.
U.S., EU Remain Committed to Steel, Aluminum Trade Agreement
09 November 2023 - The United States and the European Union are continuing to negotiate a deal on steel and aluminum imports and are hoping to have an agreement by the end of the year, according to the Reuters news service.
U.S. Won’t Immediately Reimpose 25% Tariffs on EU Steel
25 October 2023 - The U.S. would extend its suspension of a 25% tariff on steel from the European if negotiators need more time to set the Global Arrangement on Sustainable Steel and Aluminum, the U.S. ambassador to the EU has said, according to the Reuters news service.
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