steel

Business

Why copper, aluminium and steel drive Trump’s MAGA agenda

Trump’s 50% tariffs on steel, copper and aluminium go beyond mere economics — they’re a bid to reclaim lost US industries and energise his MAGA base.

04/08/2025

Economy

US and UK sign a trade deal, but steel imports are still in question

The two leaders agreed on the details of how to implement the trading terms disclosed last month, including lowering tariffs on key British exports and opening the door of the UK to US imports.

17/06/2025

Europe News

European steel sector on high alert amid slow-moving trade negotiation

The EU steel sector warned on Wednesday of overcapacities flooding the EU market after US president Donald Trump doubled tariffs on the sector to 50%. The new tariffs have increased pressure on the EU’s negotiating teams trying to break the deadlock in its ongoing trade wrangle with the US.

04/06/2025

Business

Could defence demand fuel a German steel revival post-tariffs?

US President Donald Trump's 50% tariffs on steel and aluminium imports come into effect today. But could Germany's defence industry be paving the way for a steel boom?

04/06/2025

Economy

Trump doubles US tariffs on steel and aluminium imports to 50%

The UK is the only nation exempt from the tariff increase after it struck a deal with the US early last month.

04/06/2025

Markets

European steel stocks rebound as Trump doubles steel tariffs to 50%

The share prices of European steel companies, including Thyssenkrupp and ArcelorMittal, all rose on Wednesday morning.

03/06/2025

USA

EU 'strongly regrets' Trump's 50% steel and aluminium tariff hike

During a rally at a steel plant the US president announced that he will double tariffs on steel imports. Afterwards, he announced the same for aluminium. The measure, which would hit Europe hard, is supposed to come into force on 4 June.

31/05/2025

Green News

India's steel expansion plans could threaten global emissions goals

Steel production is one of the most carbon-intensive industries, responsible for nearly 9 per cent of global greenhouse gas emissions.

20/05/2025

Europe News

Winners and losers: The long game of US-EU trade conflicts

The current trade war between the US and the EU is nothing new. Five major disputes have pitted the two economic powers against one another. So how did they turn out?

23/04/2025

Business

Raw materials to keep British Steel plant operating reach the UK

The UK government said on Tuesday that it had bought enough raw materials to keep Britain’s last steelmaking blast furnaces operating for the “coming weeks.”

15/04/2025

Business

China warns UK government to treat owners of British Steel fairly

The warning comes two days after the UK government took control of Chinese-owned British Steel using emergency powers.

14/04/2025

Economy

Chinese investment in the UK will face 'high trust bar', says minister

Chinese firms will have to fulfil strict criteria when investing in key sectors in the UK in the future, said the UK government after the rescue of British Steel.

14/04/2025

Business

UK government not ruling out nationalising key British steel plant

The UK government has faced increasing pressure to preserve the country's own steelmaking industry, in order to reduce dependence on other countries for the metal.

09/04/2025

Europe News

EU member states agree first wave of retaliatory tariffs

After several weeks of consultations between member states, EU Commission and industries, the EU adopted retaliatory measures on Wednesday against US tariffs on EU steel and aluminium.

09/04/2025

Business

President Trump orders review into Nippon Steel’s bid for US Steel

The two companies sued the US government in January after then president Joe Biden halted the Japanese purchase in the name of national security.

08/04/2025

Europe News

EU watching for Chinese steel and electronics imports amid trade war

As reciprocal tariffs kick in, the EU is expecting goods formerly destined for the US to seek EU markets, with Chinese renewables, steel and electronics topping a list of products the Commission is keeping its eye on.

04/04/2025

Business

British Steel closes plant after failing to get UK government help

More than 2,000 jobs are at risk as Britain's second-biggest steelmaker failed to get an agreement with the UK government to support further operations.

27/03/2025

Europe in Motion

Who are the EU’s top iron and steel trade partners?

Turkey and the US are the biggest export partners.

21/03/2025

Europe News

EU plans to reduce steel imports by 15%

The European Commission presented on Wednesday an action plan for the steel and metals industries. In a sector marked by strong international competition, the European executive plans to tighten import quotas with an objective of 15% reduction.

19/03/2025

Europe News

EU to tighten controls on steel imports and waste metal flows

The EU plans to tighten controls on steel and aluminium imports to prevent market dumping and restrict countries from blocking waste metal imports.

18/03/2025