Synopsis: World crude steel production reached 155.7 million metric tons in April 2025, showing a slight 0.3% decrease compared to April 2024, with significant variations across regions as China maintained stable output while India grew by 5.6% and Germany declined by 10.1%.

Synopsis: R.N. Sharma, a pioneering figure in India's steel and coal industries who devoted nearly five decades to the Tata Group and held leadership positions including Vice President of Tata Steel and Chairman of Coal India Limited, passed away Thursday morning at age 101 following a brief battle with pancreatic cancer.

Synopsis: Yosuke Sakai, Executive Officer of Nippon Steel Corporation, has been elected as the new Chairman of worldstainless during the association's 29th Annual Conference and Meeting in Beijing, alongside a new leadership team including vice chairmen from Acerinox, Aperam, and POSCO.

Synopsis: The Committee on Foreign Investment in the United States has submitted a divided recommendation to President Donald Trump regarding Nippon Steel's bid for U.S. Steel, with most panel members believing security risks can be mitigated despite the lack of unanimous consensus.

Synopsis: The United Steelworkers union has intensified its opposition to Nippon Steel's proposed acquisition of U.S. Steel, urging President Donald Trump to block the deal despite the Japanese company's $14 billion investment pledge, citing national security concerns and alleged unfair trade practices.

Synopsis: Odisha Chief Minister Mohan Charan Majhi inaugurated the Phase II expansion of Tata Steel Kalinganagar plant on Thursday, significantly increasing its crude steel capacity from 3 to 8 million metric tons per annum, marking a major milestone in India's industrial development and Tata Steel's commitment to sustainable manufacturing.

Synopsis: Steel Authority of India Limited has signed a Memorandum of Understanding with ABB to digitally transform ironmaking and steelmaking processes at its Rourkela Steel Plant in Odisha, India, creating digital twins of blast furnaces and basic oxygen furnaces to optimize operations and improve sustainability.

Synopsis: A new mini blast furnace project jointly developed by Guangxi Guixin Steel Group and Tsingshan Group is set to commence operations in October at the Tsingshan Morowali Industrial Park on Indonesia's Sulawesi Island, with commercial slab production of 1.5 million metric tons annually expected by January 2026.

Synopsis: PT Ispat Indo has shuttered its wire rod production operations in Indonesia due to mounting pressure from low-cost Chinese imports and shrinking profit margins, while also facing challenges from rising raw material costs and the country's push toward cleaner steel production.

Synopsis: The American Petroleum Institute (API) has published an Addendum to the 11th edition of API 5CT, Casing and Tubing, introducing stronger requirements for steel casing and tubing manufacturing in oil and gas operations that enhance safety, environmental protection, and operational integrity across the industry.

Synopsis: Indian metal producer Shyam Metalics and Energy Ltd. has announced plans to establish a wagon production facility in West Bengal through its subsidiary Ramsarup Industries, with an annual capacity of 4,800 wagons and production expected to begin in March 2026.

Synopsis: Hong Kong's anti-corruption agency has arrested 10 suspects in connection with a bribery scandal at CK Asset's Anderson Road residential project, where subcontractors allegedly paid off site supervisors to overlook substandard steel reinforcement work across all six buildings of the nearly 3,000-flat development in Kwun Tong.

Synopsis: Mexican President Claudia Sheinbaum revealed she discussed U.S. steel and aluminum tariffs during her recent call with Donald Trump, while expressing cautious optimism about a reduced remittance tax proposal and unveiling new industrial development initiatives amid ongoing trade tensions.

Synopsis: Ukraine has initiated discussions with the United States to eliminate the 25% tariff on Ukrainian steel products, with Ukraine's trade representative Taras Kachka revealing that consultations with U.S. trade representative Jamieson Greer are scheduled this week, marking a shift from previous resource-focused negotiations.

Synopsis: Ukraine's Interdepartmental Commission on International Trade has extended anti-dumping duties on coated steel imports from Russia and China for another five years while initiating new investigations into potential trade violations, as part of a broader strategy to protect domestic manufacturers during wartime economic challenges.

Synopsis: India's finished steel imports declined by 11% to 0.52 million metric tons in April 2025, primarily due to reduced shipments from China and Japan following the implementation of safeguard duties, while the country maintained a steel trade deficit of approximately ₹2,216 crore, according to a Steel Ministry report.

Synopsis: Aditya Mittal, CEO of steel giant ArcelorMittal, has agreed to invest $1 billion in the Boston Celtics acquisition deal, potentially becoming the second-largest stakeholder in the record-breaking $6.1 billion team purchase led by William Chisholm.

Synopsis: Micropolis Holding Co. has unveiled a suite of advanced autonomous systems at Make it in the Emirates 2025, including a Robotic Forestry Unit for ecosystem restoration, the Box Cleaner for industrial sanitation, and the M01 Patrol Unit for public safety, while also signing a Memorandum of Understanding with Emirates Steel to integrate robotic mobility solutions into industrial operations.

Synopsis: - The Committee on Foreign Investment in the United States has submitted its recommendation to President Trump regarding Nippon Steel's $14.9 billion bid to acquire U.S. Steel, marking a crucial development in the contentious transaction that was previously blocked by the Biden administration on national security grounds.

Synopsis: - The UK government is considering controversial legislation that would eliminate nearly £1 billion in debt that British Steel owes to its Chinese parent company Jingye, a move officials believe could facilitate finding a buyer for the struggling steelmaker which has been under government control since April.

Synopsis: - Liberty Steel, Britain's third-largest steelmaker owned by Sanjeev Gupta's GFG Alliance, has ceased production at its key plants in Rotherham and Motherwell since July 2024, highlighting severe financial difficulties as the company desperately seeks rescue funding while facing a potential liquidation that threatens 1,450 jobs.

Synopsis: - Sheffield MP Marie Tidball has publicly called for Sanjeev Gupta to resign as Liberty Speciality Steel UK faces a winding up petition in court over £4m in unpaid debts to Harsco Metals Group, while the company's total liabilities stand at a staggering £618m according to court documents.

Synopsis: - Technology supplier Fives has successfully completed a combustion system upgrade at Megasa's SN Maia steel plant in Portugal, implementing oxygen enrichment technology that increases oxygen levels to 25% in the billet reheating furnace, resulting in approximately 6% fuel savings also reduced CO₂ emissions.

Synopsis: - St. Petersburg metallurgical enterprises Petrostal Metallurgical Plant and NPO Laboratory of Special Steels and Alloys are developing innovative steel grades for oilfield service companies and medical endoprostheses respectively, with substantial financial backing from Russia's Ministry of Industry and Trade as part of a strategic initiative to advance domestic high-tech metallurgical capabilities.

Synopsis: - Tata Steel Nederland has unveiled an innovative can-making machine at its R&D facilities that employs a waterless "dry forming" process to produce food cans, eliminating the need for cooling water also chemical lacquers while increasing production speeds by 25%, positioning the company at the forefront of sustainable packaging technology.

Synopsis: - Myanmar Economic Cooperation and Russian state-owned TPE Co. Ltd. are in the final stages of preparing the No. 2 Steel Mill in Pinpat, Shan State, for operation, with Russian experts currently on site to inspect the Air Separation Unit and complete equipment installation for the facility designed to produce 200,000 metric tons of raw steel annually.

Synopsis: - BMW Industries and its subsidiary, BMW Iron & Steel Industries, have been awarded a significant manufacturing contract from Tata Steel worth approximately $44 million (₹364.69 crore) for converting hot rolled coils into tubes at their facilities in Howrah and Jamshedpur, with the agreement extending through October 2027.

Synopsis: - Allium Engineering, founded by MIT alumni Steven Jepeal and Sam McAlpine, has developed an innovative stainless steel cladding process for rebar that can extend bridge lifespans from the current 30-year average to over 100 years, with 100,000 pounds of their corrosion-resistant product already deployed in construction projects across the United States.

Synopsis: - German purchasing cooperative Nordwest Handel has reported an impressive 8% year-on-year increase in first-quarter steel segment revenue, reaching €393 million ($447m), despite ongoing weakness in the construction sector, attributing the growth to higher prices also increased sales volume.

Synopsis: - Ukrainian customs officials have uncovered a sophisticated scheme involving forged certificates of origin for steel products allegedly from Malaysia, with Deputy Head of the State Customs Service Vladyslav Suvorov revealing that Malaysian authorities have confirmed 26 certificates were falsified, coinciding with an unusual surge in Malaysian steel imports following trade restrictions on Chinese products.

Synopsis: - Australia's Anti-Dumping Commission has initiated an inquiry into whether to continue anti-dumping measures on rod in coil steel products from China, with Commissioner David Latina investigating if the current duties set to expire in April 2026 should be maintained to protect domestic manufacturers from potentially unfair trade practices.

Synopsis: - Australia's Anti-Dumping Commission has launched Investigation 655 examining alleged dumping of hot-rolled deformed steel reinforcing bar from Indonesia, Malaysia, Thailand, Türkiye, and Vietnam, following an application by InfraBuild NSW Pty Limited claiming unfair pricing practices are causing material injury to domestic manufacturers.

Synopsis: - Australia's Anti-Dumping Commission has initiated Continuation Inquiry 660 to determine whether to extend existing anti-dumping measures on hot-rolled deformed steel reinforcing bar from Korea and Spain, following an application from InfraBuild (Newcastle) Pty Ltd claiming continued protection is necessary to prevent material injury to domestic manufacturers.

Synopsis: - The U.S. Department of Commerce has rescinded its administrative review of antidumping duties on stainless steel butt-weld pipe fittings from Italy for the February 2024-January 2025 period after discovering no reviewable entries from the sole remaining company under review, Filmag Italia, SpA, also following Core Pipe Products' withdrawal of its review request for another company.

Synopsis: - South Africa's Council for Scientific and Industrial Research has successfully developed specialized stainless steel powder for additive manufacturing, positioning the country as a potential leader in the growing global 3D printing market while creating opportunities for local manufacturing and reducing dependence on costly imports.

Synopsis: - Indonesia launches the Iron-Steel Summit & Exhibition Indonesia 2025 in Jakarta, bringing together key stakeholders from across the steel industry value chain to strengthen the sector's role in national economic development, with high-level participation from government officials including Coordinating Minister for Economic Affairs Airlangga Hartarto.

Synopsis: - Greenland Resources Inc. has signed a memorandum of understanding with Italian special steel producer Cogne Acciai Speciali for long-term molybdenum supply from its Malmbjerg project in Greenland, potentially securing a stable source of this critical metal for European industry while addressing the EU's complete lack of domestic molybdenum production.

Synopsis: - Russian oil giant Rosneft has acquired LLC 'Vostok Engineering', securing the license to develop the Tomtor rare earth metals deposit, widely regarded as the world's largest niobium and rare earth elements (REE) resource with exceptionally high concentration of critical minerals essential for high-tech manufacturing.

Synopsis: The International Monetary Fund has significantly downgraded its global economic growth projection to 2.8% for 2025, citing escalating trade tensions and political uncertainty as major headwinds affecting the world economy.

Synopsis: - A tragic accident at Jindal Steel Plant in Raigarh district has resulted in the death of Vijay Bahadur, a worker from Azamgarh, Uttar Pradesh, after he was caught in a blast furnace incident, prompting the trade union to demand ₹50 lakh ($600,000) in compensation from plant management.

Synopsis: - China's steel exports have reached record-high levels in early 2025, with April marking the second consecutive month exceeding 10 million metric tons, as manufacturers rush shipments ahead of hefty tariffs announced by US President Donald Trump, while analysts predict a significant slowdown in the coming months.

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: - 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: - 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: - 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.