Arab Steel Summit

North America

Canada Maintains AD Duties on Rebar Imports from China, South Korea, and Turkey

The Canada Border Services Agency (CBSA) has completed the expiry review of the anti-dumping duties imposed on rebar imports from China, South Korea, and Turkey, as well as the expiry review of the countervailing duties on the same product imported from China. The agency concluded that the expiry of these orders is likely to result […]

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Global Crude Steel Production Declines by 4.6% in November 2025

News, steel Statistics / user

World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 140.1 million tonnes (Mt) in November 2025, a 4.6% decrease compared to November 2024. Africa produced 2.0 Mt in November 2025, up 7.4% on November 2024. Asia and Oceania produced 99.9 Mt, down 7.1%. The EU (27) produced 10.2

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Canadian Prime Minister: No Near-Term Deal with the U.S. on Steel Tariffs

Canadian Prime Minister Mark Carney said that his country is unlikely to reach an agreement with the United States in the near term to reduce tariffs on sectors such as steel and aluminum. Carney explained that negotiations to lower tariffs on certain sectors will be integrated into talks over the United States–Mexico–Canada Agreement (USMCA), making

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US Rebar Imports Decline by 40.8% in August

According to preliminary data from the US Census Bureau under the Department of Commerce, US rebar imports totaled 36,016 mt in August this year, down 40.8% month on month and 43.1% year on year. In value terms, rebar imports amounted to $19.7 million in August, compared with $33.0 million in July and $41.4 million in

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Restarting U.S. Steel Blast Furnaces After Two-Year Shutdown

News / wessam ahmed

U.S. Steel has announced the initiation of procedures to restart one of its two idle blast furnaces in the state of Illinois, in a move that reflects an anticipated rise in industrial demand and a direct response to customer needs. The company stated that the decision comes as part of its normal operational planning for

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Canada supports its steel sector in the face of US tariffs

News / wessam ahmed

Canadian Prime Minister Mark Carney announced that the government will provide additional support to the steel sector to help it cope with US tariffs, in addition to working to strengthen the domestic market for these industries. Carney explained that Ottawa will reduce steel import quotas from countries that do not have free trade agreements with

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The European Union refuses to relax digital rules in exchange for lower US steel tariffs

News / wessam ahmed

The European Union rejected a US request to ease its strict digital regulations in exchange for a reduction in US tariffs on steel and aluminum. The rejection came after US Commerce Secretary Howard Lutenick directly linked the EU’s digital regulations to the 50% tariffs on European metal imports. The European Commission has asserted that its

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Canada Opens the Door to Tariff Exemptions to Support Its Struggling Economy

The Canadian government has announced tariff exemptions on several steel and aluminum products imported from the United States and China, as part of efforts to support local companies affected by trade tensions with both countries, according to Reuters. Prime Minister Mark Carney is leading negotiations with U.S. President Donald Trump, who imposed tariffs on Canadian

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US steel imports down 9.8% in July 2025

Preliminary data from the US Department of Commerce showed that steel imports into the United States in July 2025 totaled 2,034,212 metric tons, marking a 9.8% decline compared to June and a 6.9% drop year on year. In terms of value, imports reached $2.19 billion, compared to $2.13 billion in June and $2.72 billion in

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Canada Imposes Provisional Anti-Dumping Duties on Steel Wire Imports from Ten Countries

On September 4, 2025, the Canada Border Services Agency (CBSA) issued a preliminary anti-dumping ruling on certain carbon and alloy steel wire imports originating in or exported from ten countries: China, Taiwan, India, Italy, Malaysia, Portugal, Spain, Thailand, Turkey, and Vietnam. The decision followed a complaint filed by Sivaco Wire Group 2004 L.P. and ArcelorMittal

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Nippon Steel to Invest $11 Billion to Boost U.S. Steel Production

Japan’s Nippon Steel plans to inject $11 billion into U.S. Steel to expand production capacity, add high-quality products, and transfer advanced operational technologies, according to a senior company executive. The Japanese steelmaker completed its $14.9 billion acquisition of U.S. Steel in June 2025, concluding an 18-month process shaped by political shifts between the administrations of

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ArcelorMittal Calvert to upgrade hot strip mill with inductive heating system from SMS Group

ArcelorMittal Calvert in Alabama, USA, has contracted SMS Group to modernize its 2,050 mm hot strip mill (HSM), which has been in operation since 2010. The project aims to enhance mill efficiency and enable production of advanced steel grades and hot strip products. An Elotherm inductive heating system will be installed upstream of the finishing

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U.S. Steel Imports Drop 9.3% in June 2025

Preliminary data from the U.S. Department of Commerce’s Census Bureau showed that U.S. steel imports fell by 9.3% month-on-month in June 2025, while rising 4.6% year-on-year to reach 2.05 million mt. The value of U.S. steel imports in June stood at $2.13 billion, compared to $2.39 billion in May and $2.42 billion in June last

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U.S. Department of Commerce Expands Tariff List on Steel and Aluminum Products

The U.S. Department of Commerce has announced an expansion of the 50% tariff imposed on steel and aluminum imports to include hundreds of additional derivative products, according to Reuters. In a notice published in the Federal Register, the department explained that the Bureau of Industry and Security added 407 new tariff codes to the U.S.

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Trump Reaffirms Plans to Impose Tariffs on Steel and Semiconductor Chips

U.S. President Donald Trump on Friday reaffirmed his intention to impose tariffs on steel imports and semiconductor chips in the coming weeks, as part of efforts to boost domestic manufacturing. Speaking to reporters aboard Air Force One en route to Alaska for a meeting with Russian President Vladimir Putin, Trump said he would announce the

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China Files WTO Complaint Against Canada Over Steel Restrictions

China’s Ministry of Commerce announced on Friday that Beijing has filed an official complaint with the World Trade Organization (WTO) against Canada’s restrictions on steel imports and related products. In its statement, the ministry said Canada has violated WTO rules by imposing quotas on steel imports and applying what it described as discriminatory tariffs on

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US Steel Prices Rise After Tariffs Double

US steel companies raised their product prices during the second quarter of 2025, following the Trump administration’s decision to double tariffs on steel imports from 25% to 50%, according to a report from The New York Times. The report, published Tuesday, stated that the average price per ton for Steel Dynamics was $1,134 in the

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US HRC Imports Up 50.8% in May 2025

US imports of HRC increased by 50.8% in May 2025 compared to April, reaching 129,667 metric tons, according to preliminary data from the US Department of Commerce. Despite the monthly rise, this figure reflects a 10.9% year-on-year decline from May 2024. The value of HRC imports reached $91.7 million in May, up from $62.7 million

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Canada introduces new tariffs, investment plan to support steel industry

Prime Minister Mark Carney unveiled a sweeping industrial strategy aimed at reinforcing Canada’s steel sector, as the country grapples with U.S. tariffs and surging global steel distortions. The measures are designed to curb harmful trade diversion, strengthen domestic supply chains, and prepare Canadian producers for deep shifts in global steel markets. Canada is among the

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US steel imports rise 19.6% in May 2025

US steel imports increased 19.6% month-on-month in May 2025, reaching 2.26 million tons, according to preliminary data from the US Department of Commerce. Despite this increase, imports declined 12.9% year-on-year. The total value of steel imports reached $2.39 billion, compared to $2.19 billion in April and $3.13 billion in May of the previous year. The

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Nippon Steel Plans to Double Its US Steel Production in 5 Years

Eiji Hashimoto, Chairman and CEO of Japan’s Nippon Steel, revealed the company’s plan to double its steel production in the United States within three to five years in an interview with the Yomiuri Shimbun newspaper. The company aims to achieve this growth by increasing production efficiency at US Steel, which Nippon Steel acquired in June

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Treasury Secretary: US Could Collect $300 Billion in Tariff Revenue by 2025

Treasury Secretary Scott Besant said the United States has collected about $100 billion in tariff revenue so far this year, and that could rise to $300 billion by the end of the year. Speaking at a White House Cabinet meeting, Besant added that the main revenue from the new tariffs only began to be collected

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US rebar imports down 54% in April

Preliminary data from the US Census Bureau, part of the US Department of Commerce (USDOC), revealed that US rebar imports totaled approximately 55,000 tons in April, a 36% drop compared to the previous month and a 54% decline from the same month of the previous year. Among them, Algeria accounted for the largest share of

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Canada begins implementing a tariff quota system on steel imports to protect domestic industry

The Government of Canada announced the implementation of tariff quotas on steel product imports from non-FTA partners, effective June 27, 2025. This measure will help stabilize the Canadian steel market. These measures aim to protect the domestic market from the influx of low-priced products that could harm domestic industry. 50% Surcharge on Exceeding Quotas Under

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US scrap steel exports up 12% in April 2025

According to statistics from the US International Trade Commission (USITC), the US exported around 1.06 million tons of steel scrap in April, increasing by 14% from the previous month but falling by 12% from the same month a year ago. Among them, Turkey was the top destination with roughly 289,000 tons, sliding by 7% month

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US Rolled Steel Coil Imports and Exports Decline in April

According to preliminary census data from the US Department of Commerce, showed a significant decline in US imports of hot-rolled coils (HRC) in April 2025. Imports totaled 85,971 mt , a 28.6% decrease compared to March and a 53.5% decrease compared to the same month in 2024. The total value of these imports also decreased

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Canada Threatens to Impose Tariffs on US Steel and Aluminum Imports

Canada has threatened to escalate its tariff action against the United States, announcing that it is considering imposing additional tariffs on US steel and aluminum imports starting next month, amid stalled trade talks between the two countries. The United States currently imposes 50% tariffs on foreign steel and aluminum imports, while Canada retaliates with 25%

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US Tariffs Restrict German Iron and Steel Exports to the US Market

German iron and steel exports to the United States registered a slight decline as a result of new US tariffs, according to the Federal Statistical Office. Iron and steel exports fell 0.4% year-on-year during the period from January to the end of April, reaching approximately €1.3 billion. The United States began imposing additional tariffs of

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Japan’s Nippon Steel Acquires US Steel for $14.1 Billion

Nippon Steel has completed its $14.1 billion acquisition of United States Steel Corp., ending an 18-month effort to merge the American and Japanese steelmakers, according to a statement from the companies on Wednesday. The $55-per-share cash deal creates the world’s second-largest steelmaker and makes the combined entity a formidable competitor in the US steel industry.

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Trump approves US Steel merger with Japan’s Nippon Steel

US President Donald Trump issued an executive order on Friday approving the merger of US Steel and Japan’s Nippon Steel, after the two companies signed a national security agreement with the US government. US Steel and Nippon announced that the national security agreement will grant the US government a “golden share,” which stipulates specific commitments

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