Synopsis: - Nippon Steel Vice Chairman Takahiro Mori expressed confidence that the company has addressed U.S. President Donald Trump's concerns regarding their proposed acquisition of United States Steel Corp., emphasizing their commitment to maintaining the U.S. company's name and ensuring American citizens comprise the majority of board members.

Synopsis: - Mohan Rawat, a Senior Instructor with the Tata Steel Adventure Foundation, successfully summited Mount Everest on May 18, 2025, continuing the organization's legacy of mountaineering excellence that began with Bachendri Pal's historic ascent in 1984.

Synopsis: - Former Scottish First Minister Nicola Sturgeon's controversial £586 million taxpayer-backed deal with steel tycoon Sanjeev Gupta is under renewed scrutiny as his Liberty Speciality Steels UK faces a winding-up petition, raising concerns about the future of Scottish steel mills and the Lochaber aluminum smelter acquired under the arrangement.

Synopsis: - Sanjeev Gupta's Liberty Speciality Steels UK faces imminent liquidation as the company seeks to adjourn a winding-up petition brought by creditor Harsco Metals Group, following the UK government's rejection of emergency support for the steel tycoon's struggling operations that employ approximately 1,450 workers.

Synopsis: - Iraq's Industry and Minerals Minister Khaled Al-Najm has inaugurated a 600,000 metric ton-per-year steel mill in Basra, built by Italy's Danieli Group after a decade-long delay, while also laying the foundation stone for China's Tsingshan Group to construct Iraq's first steel industries park in the same city.

Synopsis: - Global stainless steel leader Outokumpu has expanded its metal powder production for additive manufacturing into the aerospace sector, delivering an industry-first batch of specialized stainless steel powder for 3D-printed heat exchange components, under the leadership of Marten Franz, Head of Metal Powder Business.

Synopsis: - Baosteel has launched B20R065-LM, the world's first low-noise oriented silicon steel, designed to reduce transformer noise by 2-4 dB(A) compared to conventional materials, addressing growing global demands for acoustic comfort and stricter energy efficiency standards.

Synopsis: - Wootz Buildsys, led by founder Ar. Anurag Agarwal, has successfully completed a 400 metric ton steel stadium arena for Nagaland's 25th Silver Jubilee Hornbill Festival in just 90 days, overcoming challenging terrain and weather conditions to deliver a culturally significant structure that showcased India's tribal heritage on an unprecedented scale.

Synopsis: - HBIS Wusteel has successfully delivered China's first domestically developed X65MS acid-resistant pipe and pipeline steel plates for a Southeast Asian deep-sea natural gas project, overcoming extreme environmental challenges and filling a critical gap in China's marine energy infrastructure capabilities.

Synopsis: - The U.S. Department of Commerce has issued countervailing duty orders on ferrosilicon imports from Brazil, Kazakhstan, and Malaysia following affirmative injury determinations by the International Trade Commission, with Kazakhstan facing particularly severe duties of up to 265.53% for certain exporters while amending its final determination to correct a ministerial error.

Synopsis: - Sweden's Eurovision entry KAJ has been confirmed to perform at the upcoming relocation of Kiruna Church, scheduled for August 19-20, 2025, as part of a three-day celebration organized by mining company LKAB to mark the historic moving of Sweden's most beautiful building to a new location due to mining operations affecting the town center.

Synopsis: - Researchers have developed two innovative thiazole-based Gemini cationic surfactants (TAC 6 and TAC 18) that effectively protect carbon steel in hydrochloric acid environments, achieving up to 87% corrosion inhibition alone and 97% when combined with copper chloride, offering promising applications for petroleum infrastructure and industrial acid cleaning processes.

Synopsis: - The UK and EU governments have announced plans to formally link their Emissions Trading Schemes and improve EU steel quotas, a move welcomed by UK Steel Director General Gareth Stace as it will reduce trade friction and eliminate Carbon Border Adjustment Mechanism costs for the UK steel industry's largest export market.

Synopsis: - ArcelorMittal Tubular Products Altensteig has introduced a verified Product Carbon Footprint for its SRW pipes, demonstrating that using XCarb® electric steel from ArcelorMittal's Sestao plant reduces carbon emissions by up to 72% compared to conventional blast furnace steel.

Synopsis: - The Kobe Steel Group has launched KOBELCO-X, a comprehensive transformation strategy outlined in their Medium-Term Management Plan for 2024-2026, focusing particularly on green transformation through innovative technologies like black pellet integration in steelmaking to achieve carbon neutrality.

Synopsis: - Aldar Properties has become the first developer in the Middle East and North Africa region to implement hydrogen-based steel rebar in a construction project, partnering with EMSTEEL Building Materials to construct Abu Dhabi's first net-zero carbon mosque on Yas Island.

Synopsis: - Japanese industrial giants Kobe Steel and Mitsubishi UBE Cement Corporation have agreed to conduct a joint venture feasibility study for black pellets, a sustainable biomass fuel with coal-like properties that promises significant CO₂ emission reductions across multiple industries.

Synopsis: - Knauf Insulation has announced plans to construct a £170 million low-carbon rock mineral insulation manufacturing plant on Tata Steel's Shotton site in North Wales, creating approximately 140 direct jobs and significantly expanding the company's sustainable insulation production capacity.

Synopsis: - At the Green Steel World Conference and Hydrogen Tech World Expo in Dusseldorf on May 13-14, Alleima representatives delivered two key presentations focusing on the challenges of comparing life cycle assessments and the potential of electric process gas heaters for fossil-free direct reduced iron production.

Synopsis: - The European Union has witnessed an 18% year-on-year decline in direct reduced iron (DRI) imports during Q1 2025, totaling 587.3 thousand metric tons, with Russia remaining the largest supplier despite a 26.8% drop in its shipments, while Venezuela emerged as a growing alternative source with a 141.5% increase in exports to the bloc.

Synopsis: - SHS Stahl Holding Saar has commissioned Danieli Centro Cranes to supply two multifunction heavy-duty cranes with capacities of 350(590) and 350(620) metric tons for their meltshops in Völklingen and Dillingen, Germany, designed to handle multiple critical operations including EAF scrap charging and molten steel transport.

Synopsis: - INPEX, Nippon Steel, and Kanto Natural Gas Development have secured a FY2025 consignment contract with JOGMEC for engineering and design work on the Metropolitan Area Advanced CCS Project, which aims to capture CO₂ from industrial sources in the Tokyo metropolitan area and store it beneath the seabed off the Boso Peninsula.

Synopsis: - GreenPowerMonitor, a DNV company specializing in renewable asset monitoring, has partnered with battery lifecycle services leader Renewance to create an integrated platform that optimizes Battery Energy Storage Systems performance, compliance, and value throughout their entire lifecycle for customers across North America.

Synopsis: - The European Commission has awarded €992 million in funding to 15 renewable hydrogen production projects across five European Economic Area countries, expected to produce 2.2 million tonnes of renewable hydrogen over ten years and prevent more than 15 million tonnes of CO₂ emissions in sectors including transportation, chemicals, and ammonia production.

Synopsis: - The European Commission has approved a €1.2 billion Dutch state aid scheme called NIKI that will support companies in reducing lifecycle greenhouse gas emissions, with projects selected through competitive bidding based on which can provide the greatest environmental benefit at the lowest cost to taxpayers.

Synopsis: - A new study by the International Council on Clean Transportation reveals that implementing the EU's Renewable Energy Directive III electricity crediting system could reduce the total cost of ownership for battery electric trucks in Poland by up to 24% compared to diesel alternatives by 2030, potentially accelerating the country's transition to zero-emission heavy transport.

Synopsis: - The Latin American electric bus market has witnessed remarkable growth, expanding from 801 vehicles in 2017 to 6,055 by the end of 2024, with Santiago and Bogotá leading the charge as they account for over 65% of the region's fleet, according to a new comprehensive market monitor report.

Synopsis: - China has significantly expanded its transportation equipment scrappage and replacement program for 2025, with the National Development and Reform Commission and Ministry of Finance jointly announcing higher subsidies and broader eligibility criteria for passenger cars, commercial trucks, buses, and maritime vessels to accelerate the transition to cleaner transportation.

Synopsis: - A major industrial accident was narrowly avoided at the Visakhapatnam Steel Plant when approximately 300 truckloads of molten steel spilled onto the ground following a rupture in a Turbo Ladle Car, causing fires but fortunately resulting in no casualties.

Synopsis: The European Commission has significantly reduced its forecast for EU real GDP growth in 2025 to 1.1% from the previously projected 1.5%, while also lowering 2026 growth expectations to 1.5% from 1.8%, citing rising tariffs and uncertainty stemming from recent US trade policy shifts.

Synopsis: - British-Indian billionaire Lakshmi Mittal, Executive Chairman of ArcelorMittal, has purchased a lavish Baroque-style mansion in Dubai's most exclusive neighborhood, reportedly valued at around $100 million, potentially in response to recent UK tax changes affecting wealthy non-domiciled residents.

Synopsis: - The Enforcement Directorate has arrested Subodh Kumar Goel, former Chairman and Managing Director of UCO Bank, for allegedly receiving substantial illegal gratifications in exchange for sanctioning irregular loans to Concast Steel & Power Ltd, which defaulted on $745 million (₹6,210.72 crore) across 16 financial institutions.

Synopsis: - Nippon Steel has significantly increased its investment pledge to $14 billion for U.S. Steel operations, including $4 billion for a new mill, as part of a strategic effort to secure Trump administration approval for its controversial acquisition of the iconic American steelmaker before a critical May 21 deadline.

Synopsis: - South Yorkshire Mayor Oliver Coppard has pledged to collaborate with the UK Business Secretary to protect Liberty Steel's future after the company unexpectedly withdrew its recovery plan just one day before a crucial court hearing, creating renewed uncertainty for 1,500 employees at its Rotherham and Stockbridge plants.

Synopsis: - Terhoeven (Hambi) has introduced what it claims is the world's first fully automated reinforcing steel mesh production line, featuring Mitsubishi Electric's drive and automation technology that transforms the traditionally labor-intensive process of cutting and stacking steel mesh in the construction industry.

Synopsis: - Dinson Iron and Steel Company, a subsidiary of China's Tsingshan Holding Group, has begun exporting steel products to South Africa from its Manhize plant in Zimbabwe, creating new competitive pressures for struggling local producers like ArcelorMittal South Africa during a period of industry-wide challenges.

Synopsis: - SAIL-Bhilai Steel Plant has successfully launched a coke oven gas injection system at its Sinter Plant-3 Machine-1, inaugurated by Director (Technical, Projects & Raw Materials) Mr. Manish Raj Gupta on May 17, 2025, marking a significant advancement in the plant's energy efficiency and carbon emission reduction efforts.

Synopsis: - ArcelorMittal Nippon Steel India has won a significant deal to operate a 10 million metric ton capacity captive berth at Paradip Port in Odisha, marking a major expansion of the company's logistics capabilities to support its growing steel production operations in eastern India.

Synopsis: 7 Steel Denmark, a division of 7 Steel Nordic which acquired former Celsa operations in Scandinavia, has completed a significant expansion of its rebar processing facility in Ølstykke, Denmark, adding new infrastructure and state-of-the-art equipment to enhance production capacity and operational efficiency.

Synopsis: - Tata Steel Meramandali has repurposed over 20 lakh metric tons of industrial byproducts, including fly ash and LD slag, for the construction of the NH-55 Angul Bypass road project in Odisha, demonstrating a successful circular economy initiative in collaboration with the National Highways Authority of India.

Synopsis: - President Donald Trump has removed the 25% tariff on UK steel and aluminum while reducing car export tariffs from 27.5% to 10% for the first 100,000 vehicles annually, in exchange for UK Prime Minister Keir Starmer agreeing to eliminate ethanol tariffs and open British markets to American beef.

Synopsis: - Prime Minister Keir Starmer has secured a comprehensive new agreement with the European Union that promises to reduce trade barriers, align carbon markets, and establish defense partnerships, with industry leaders from the Food and Drink Federation, UK Steel, and Make UK welcoming measures projected to add nearly £9 billion to the UK economy by 2040.

Synopsis: - A coalition of American trailer manufacturers including Great Dane, Stoughton Trailers, Strick Trailers, and Wabash has petitioned the U.S. Department of Commerce to extend Section 232 tariff protections to dry van and refrigerated trailers, arguing that foreign imports incorporating untaxed steel and aluminum threaten domestic production.

Synopsis: South Korea's Ministry of Economy and Finance has implemented five-year anti-dumping duties on stainless steel flat-rolled products imported from China, Indonesia, and Taiwan, effective May 16, 2025, with rates ranging from 7.17% to 25.82% while allowing exemptions for specialized grades.

Synopsis: Thailand's Ministry of Commerce has initiated a review of anti-dumping duties ranging from 12.26% to 36.79% on high-carbon wire rod imports from China, which are scheduled to expire in May 2025 after a five-year implementation period following the previous sunset review in 2020.

Synopsis: Interarch Building Products has acquired a 20-acre land parcel in Andhra Pradesh to establish a new manufacturing facility, marking a significant expansion of its pre-engineered building solutions footprint in southern India.

Synopsis: Jastrzebska Spolka Weglowa (JSW) has declared force majeure following a May 7 fire at its Budryk mine, projecting a production loss of 345,000 metric tons for 2025, marking the company's fifth force majeure declaration since December 2023 amid ongoing operational challenges.

Synopsis: - Researchers have successfully enhanced the wear resistance of IS-2062 steel used in hydroturbines by applying WC-12Co and WC-10Co-4Cr coatings through High-Velocity Oxy-Fuel (HVOF) spraying, with the chromium-containing WC-10Co-4Cr coating demonstrating superior performance in hardness, porosity reduction, and wear resistance.

Synopsis: - Northwest State Community College has announced a groundbreaking partnership with North Star BlueScope Steel to offer on-site college courses for high school students at the steel facility beginning fall 2025, creating pathways to careers in engineering and industrial maintenance for students in Fulton County and surrounding areas.

Synopsis: - Global steel production is approaching the International Energy Agency's target of 38% capacity from cleaner electric arc furnaces by 2030, but achieving this goal hinges critically on India's willingness to pivot from coal-based production methods as the country embarks on doubling its steelmaking capacity, according to Global Energy Monitor's latest industry assessment.

Synopsis: - The University of Tokyo has partnered with Nippon Steel Corporation and 15 other major Japanese industrial organizations to launch the "Materials for Future Energy Infrastructure Trust" (MEIT), a five-year collaborative research program focused on developing reliable materials for hydrogen, ammonia, and carbon capture infrastructure to accelerate Japan's transition to carbon neutrality.

Synopsis: - Tata Steel has announced an expanded partnership with Imperial College London and other UK academic institutions to develop green steelmaking technologies, focusing on Electric Arc Furnace innovations and sustainable manufacturing processes as part of the company's transition to environmentally friendly steel production.

Synopsis: - HES International B.V. and Binding Solutions Limited have signed a Memorandum of Understanding to develop an innovative iron ore cold pelletising plant at HES's HBTR terminal in Rotterdam, Netherlands, employing technology that promises to dramatically reduce energy consumption and carbon emissions in steel production.

Synopsis: - Scientists from npj Materials Degradation have discovered that high-strength copper alloys demonstrate remarkable resistance to hydrogen embrittlement compared to conventional stainless steel, potentially revolutionizing material selection for hydrogen infrastructure as researchers David Kniep, Mario Rudolphi and colleagues reveal copper's superior performance in hydrogen-rich environments.

Synopsis: - China's crude steel production unexpectedly declined by 7% in April compared to March, confounding analysts who had predicted an increase based on healthy profit margins and strong exports, while the government's announced restructuring plans featuring output cuts remain vague on timing and implementation details.

Synopsis: - A devastating explosion occurred at Maa Mani Iron and Steel Company in Raigarh's Industrial Park around 2 AM Wednesday, severely injuring four workers, with two in critical condition transferred to Raipur while industrial safety officials have sealed the blast furnace and issued notices to management for negligence.

Synopsis: - Two individuals allegedly connected to the kidnapping and murder of Anson Que, a prominent Filipino-Chinese steel businessman, were arrested at Hanna Park Resort during a joint operation by Philippine authorities, including a 26-year-old Chinese woman suspected of being the primary ransom negotiator despite the victim's family paying HK$29 million.

Synopsis: - Amidst heightened tensions between India-Pakistan, Israel-Hamas, and Russia-Ukraine, global markets experience significant volatility with freight rates surging 6%, crude futures climbing 1.4% to $62.5/barrel, and ship recycling markets facing currency fluctuations and regulatory challenges as the 90-day China-U.S. tariff truce brings temporary stability.

Synopsis: - Ezequiel Tavernelli has warned that Latin American steel producers are losing market share to Chinese imports, emphasizing to Chilean financial publication DF SUD that the industry urgently needs protective measures beyond tariffs, including anti-dumping actions and safeguards, to counter what he describes as competition against the Chinese state rather than companies.

Synopsis: - ArcelorMittal Brazil's President Jorge Oliveira has expressed urgent concern as the country's steel import quota-tariff system expires on May 31, emphasizing the company's ongoing discussions with the Brazilian government to renew and potentially strengthen trade protection measures amid rising steel imports.

Synopsis: - Jorge Gerdau, prominent Brazilian steel industry leader, has criticized Brazil's trade defense measures as severely lagging behind other nations, noting that while countries like the United States, Mexico, Canada, and European nations have implemented 25% protective tariffs against steel imports, Brazil remains hesitant despite China selling at significant losses.

Synopsis: - Máximo Vedoya, CEO of Ternium, has expressed serious concern about the dramatic increase of steel imports in Brazil, particularly from China, while accepting the prestigious "Steelmaker of the Year" award from AIST, emphasizing the need for strategic alliances with like-minded countries to protect local industry and employment.

Synopsis: - ArcelorMittal is reconsidering its planned 10 billion reais ($2 billion) investment in Brazil through 2030, with Everton Guimarães Negresiolo, president of ArcelorMittal Aços Longos Latam and Mineração Brasil, warning that the surge in imported steel flooding the domestic market poses a "serious risk" to the company's future investment plans.

Synopsis: - Russian steel giant Severstal has successfully recommissioned Converter No. 1 at its Cherepovets Metallurgical Plant following extensive repairs, with the newly rebuilt 390-metric ton unit expected to operate for at least the next decade.

Synopsis: - SeAH Group has injected over ₩60 billion into its overseas subsidiaries through capital increases and share acquisitions in the past two months, part of a broader trend of South Korean steel giants including POSCO and Hyundai Steel expanding internationally while domestic labor unions call for government support to strengthen local operations.

Synopsis: - The Bogotá Metro construction project is consuming up to 10,000 metric tons of steel per month according to Mauro de Castro, director of steel company Diaco, who also warned about potentially "very unfair" foreign competition and noted that other countries have already implemented measures to protect their domestic steel industries.

Synopsis: - Everton Football Club has opened its impressive new 53,000-seat Bramley Moor Dock Stadium in Liverpool, constructed using 1,000 metric tons of high-quality hot-rolled steel supplied by Metinvest Group's Spartan UK division, marking a significant upgrade from the historic but outdated Goodison Park.

Synopsis: - Mexico's steel production has increased for the second consecutive month in March after 25 months of continuous decline, with data from the National Institute of Statistics and Geography (INEGI) showing a 7% year-on-year growth, though production remains 27.2% below historical monthly averages.

Synopsis: - Mexico's steel industry association CANACERO reports that "Made in USA" steel increased its market share in Mexico to 15% in February, up from 13.6% in the same month last year, while Mexican steel exports to the United States declined from 2.6% to 2.1% market share during the same period.

Synopsis: - Paolo Rocca, president of Grupo Techint, emphasized the critical role of industry in community development and national progress while receiving a career achievement award from the Argentine Institute of Finance Executives, highlighting that education serves as the essential tool for social, economic, and cultural advancement.

Synopsis: - The U.S. Department of Commerce has announced the final results of its antidumping duty administrative review on steel concrete reinforcing bar from Türkiye, imposing a 1.13% duty on certain Turkish producers while exempting others following an investigation covering July 2022 through June 2023.

Synopsis: - Scientists led by A.S. Fouda have discovered that Cuminum cyminum extract (CCE) provides remarkable protection against carbon steel corrosion in acidic environments, achieving up to 91.83% inhibition efficiency through a natural, environmentally friendly alternative to synthetic chemical inhibitors.

Synopsis: - Scientists led by Doaa A. Abu Muslim have successfully enhanced low nickel bio-grade stainless steel by incorporating graphene oxide, demonstrating improved corrosion resistance while maintaining excellent biocompatibility in comprehensive in vivo rat studies.

Synopsis: - The European Union recorded a concerning 2.2% year-on-year increase in greenhouse gas emissions during Q1 2025, reaching 897 million metric tons of CO₂ equivalent, with households and the energy sector showing the largest increases despite the EU's ambitious climate targets.

Synopsis: - Chilean steel company Aza Aceros has reinforced its commitment to achieving net zero emissions by 2050, with sustainability executive Aída Soto highlighting the company's recently inaugurated scrap metal fragmentation plant as a key component of their carbon reduction strategy that improves furnace efficiency and reduces CO₂ emissions.

Synopsis: - Scientists at Russia's National Research University "MPEI" have developed a groundbreaking environmentally friendly method for iron recovery and steel production using liquid-phase reduction with a carbon-hydrogen mixture, eliminating the need for traditional coal and coke while potentially cutting energy consumption and emissions by nearly 50%.

Synopsis: - Tata Steel has established a groundbreaking research partnership with six prestigious UK universities including Imperial College London and University of Cambridge to accelerate the development of low-CO₂ steelmaking technologies, positioning the UK at the forefront of sustainable steel production ahead of a major Electric Arc Furnace installation at Port Talbot.

Synopsis: - Brazilian steelmaker Usiminas has secured its position in the B3 Corporate Sustainability Index (ISE) for the third consecutive year, maintaining its unique status as the only steel industry representative among the 82 companies from 40 sectors included in this pioneering Latin American sustainability ranking.

Synopsis: - Australian mining giant Fortescue is planning to construct a massive wind farm in Western Australia's Pilbara region as part of its aggressive strategy to achieve "real zero" emissions by 2030, representing one of the most ambitious renewable energy projects in the country's resources sector.

Synopsis: - The UK government and energy regulator Ofgem have approved the methodology for developing Britain's first Strategic Spatial Energy Plan (SSEP), a comprehensive blueprint for the nation's energy infrastructure from 2030 to 2050 that will guide investment in electricity and hydrogen generation to meet projected doubling in electricity demand.

Synopsis: - The Association of European Rail Rolling Stock Lessors has formed a strategic partnership with Belgian infrastructure manager Infrabel to launch the second phase of a comprehensive study aimed at achieving a net-zero rail fleet across Europe, building on previous work with major financial institutions.

Synopsis: - University of Nottingham researchers have developed innovative sponge-like pellets made from magnetic framework composites (MFCs) that can efficiently trap carbon dioxide emissions from industrial sources, representing a significant advancement in practical carbon capture technology that could help achieve net-zero emissions goals.

Synopsis: - Finnish firm Wärtsilä has unveiled a groundbreaking shipboard carbon capture system capable of reducing vessel emissions by up to 70%, offering a potential solution for shipping companies facing stringent new International Maritime Organization regulations that mandate net-zero emissions by 2050.

Synopsis: - The UK bus and coach market has recorded its best first quarter in 17 years with registrations up 49.8% to 2,532 units, while zero emission bus uptake more than doubled to 739 units, representing 29.2% of the market, according to the latest data from the Society of Motor Manufacturers and Traders (SMMT).

Synopsis: - Formula 1 has signed a seven-year partnership with energy specialist Aggreko to provide centralized, low-carbon temporary power systems at all European Grand Prix events this summer, utilizing solar PV, battery storage, and HVO-fueled generators to help the sport progress toward its 2030 net-zero emissions target.

Synopsis: - The Society of Motor Manufacturers and Traders (SMMT) warns that inadequate grid connection processes are blocking commercial vehicle operators' electric vehicle investments, potentially derailing the UK's net zero ambitions even after fossil fuel vehicle sales end, with 5.1 million vans and 626,000 trucks currently on British roads requiring urgent infrastructure solutions.

Synopsis: - A coalition of manufacturers, investors, and climate groups led by UK Steel and 7Steel (formerly Celsa Steel UK) has urged Chancellor Rachel Reeves to reduce electricity prices by transferring policy costs from electricity bills to general taxation, potentially cutting business energy costs by up to 15% and household bills by up to £370/year ($492).

Synopsis: - ArcelorMittal South Africa has signed an amendment letter with the Industrial Development Corporation to correct the deferral period for its long steel business closure from August 31 to September 30, as part of a R1.6-billion ($85 million) facility agreement announced in March.

Synopsis: - Liberty Speciality Steel UK, employing 1,500 workers at plants in Rotherham and Stocksbridge, faces an uncertain future after abruptly withdrawing its six-month recovery plan just before a court hearing, while the UK government maintains it is "closely monitoring" the situation despite recently rescuing British Steel's Scunthorpe operation.

Synopsis: - Rotherham MP Sarah Champion has expressed deep concern over reports that Liberty Speciality Steel may be excluded from restructuring plans due to opposition from key creditors, potentially pushing the Rotherham steelworks toward administration and threatening hundreds of jobs in the region.

Synopsis: - Ukrainian steel giant Metinvest Group has launched a comprehensive $44 million investment program in solar and gas-fired power generation, with the first 10 MW gas-fired plant already operational at Kametstal, as part of a strategic plan to achieve 50% energy independence by 2030.

Synopsis: - Network Rail has initiated a preliminary market engagement process for a £140 million steel supply contract focused on overhead line equipment, inviting potential suppliers to provide insights ahead of the formal tender expected in August 2025, with the contract set to run from October 2026 until 2032 with possible extension to 2034.

Synopsis: - RMP Products, a Walsall-based steel processor, has secured £240,000 in funding from Lloyds Bank's Clean Growth Finance Initiative to install an energy-efficient plasma cutting machine that promises to slash waste by 60% while doubling productivity, as part of the company's broader sustainability strategy to grow turnover from £6.5m to £10m.

Synopsis: - The Bengal cabinet has approved the allocation of 2,515 acres across three industrial parks in Raghunathpur, Durgapur, and Panagarh to 10 companies for steel manufacturing units, with Chief Minister Mamata Banerjee announcing these projects will attract ₹25,000 crore in investments and create approximately 70,000 jobs.

Synopsis: - The Odisha government has announced plans to auction approximately 30 iron ore mines this year to address raw material concerns raised by steel manufacturers, with Chief Minister Mohan Charan Majhi assuring the Indian Steel Association delegation led by Naveen Jindal that the state aims to increase steel production capacity from the current 41.21 million tonnes per annum to 130 million tonnes by 2030.

Synopsis: - Government officials have begun land verification processes for ArcelorMittal's proposed steel plant in Kendrapada district, Odisha, marking a significant step forward in the multinational steel giant's plans to establish a major manufacturing facility in eastern India.

Synopsis: - Structural steel specialist Severfield has secured a major contract for the £4bn Agratas gigafactory in Somerset, with steelwork set to begin next month on the Sir Robert McAlpine-led project, despite timeline adjustments that have pushed completion to 2027.

Synopsis: - French tubular solutions giant Vallourec has reported impressive Q1 2025 results with €207 million EBITDA and a strengthened cash position of €112 million, as CEO Philippe Guillemot's strategic transformation continues to bear fruit despite headwinds in the global energy markets.

Synopsis: - Malaysian steel manufacturer CSC Steel Holdings Bhd has reported a remarkable 44.2% year-on-year increase in first quarter net profit to RM12.59 million ($2.68 million) despite a 17.3% revenue decline, as lower raw material costs offset challenges from reduced order volumes and intensifying import competition.

Synopsis: - The US Department of Commerce has adjusted its preliminary countervailing duty rates for South Korean corrosion-resistant steel products, setting revised rates of 4.02% for KG Dongbu Steel Co., Ltd. and KG Steel Corporation, 2.27% for Hyundai Steel Company, and 2.97% for five non-selected companies including POSCO, while rescinding review for SeAH Steel Corporation due to absence of US shipments during the review period.