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 European Parliament has overwhelmingly approved reforms to streamline the EU's carbon border adjustment mechanism by establishing a mass-based threshold and adjusting the timeline for carbon pricing certificate sales, with 564 votes in favor, 20 against, and 12 abstentions.

Synopsis: The Federation of Employers of Ukraine is urging the Ukrainian government to negotiate with the European Union for postponement of the Carbon Border Adjustment Mechanism for Ukrainian businesses, warning that the carbon tax could slash Ukraine's exports of affected products by $1.8 billion in 2026 alone.

Synopsis: EMSTEEL is advancing its carbon reduction initiatives by installing an electric Process-Gas Heater (e-PGH) Pilot at its Abu Dhabi DRI plant, developed through collaboration between Danieli and Kanthal, which will further reduce carbon emissions from an already low-emission facility that performs carbon sequestration without requiring hydrogen.

Synopsis: The Italian Ministry of Enterprise and Made in Italy has announced an agreement for the relaunch of the Piombino steel hub, bringing together Metinvest and Danieli to establish a modern green steel plant, marking a crucial step in Italy's national steel plan to become Europe's leader in environmentally sustainable steel production.

Synopsis: Hyundai Steel has received the Carbon Management Sector Honors at the 2024 Carbon Disclosure Project Korea Awards for its outstanding climate change initiatives and transparent environmental reporting, reinforcing the company's commitment to achieving carbon neutrality by 2050.

Synopsis: A groundbreaking trial project by SSAB Alabama and the Alabama Department of Environmental Management has successfully demonstrated that crumb rubber from recycled tires can effectively replace petroleum coke in steelmaking, potentially addressing Alabama's annual 5 million scrap tire disposal challenge while making steel production more environmentally sustainable.

Synopsis: ABB has launched Battery Energy Storage Systems-as-a-Service (BESS-as-a-Service), a zero-capital expenditure solution that allows businesses to deploy advanced energy storage through quarterly fees rather than upfront investment, targeting industries from data centers to commercial buildings.

Synopsis: Tata Steel has transformed a 30-acre barren ash mound in Gamharia into a thriving biodiversity park called Kailash Top, showcasing how industrial responsibility can harmonize with environmental preservation through sustainable waste management and ecological restoration techniques.

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 H2STEEL consortium has entered its final six-month phase after a productive Month 30 General Assembly at Politecnico di Torino, where partners presented significant technical advances including completed catalyst development, a constructed proof-of-concept reactor, and comprehensive policy assessments, while also filing a patent application in 2024.

Synopsis: - A new briefing note by the Institute for Energy Economics and Financial Analysis warns that Australia must accelerate its green iron and steel transition immediately, as the nation's dominance in iron ore exports is threatened by international competitors who are better positioned with higher-grade ore resources needed for low-carbon steelmaking.

Synopsis: - The Steel Manufacturers Association President Philip K. Bell has issued a strong appeal for Congress to pass the One Big Beautiful Bill Act, which would extend and expand tax credits from the 2017 Tax Cuts and Jobs Act to boost American manufacturing competitiveness, encourage capital investments, and create more domestic jobs.

Synopsis: - XPO Logistics has extended its decades-long partnership with sustainable stainless steel provider Outokumpu in the UK, replacing six specialist fleet vehicles and continuing to offer dedicated transport solutions for Outokumpu's heavy steel coils and flat sheets while supporting the company's environmental goals through its CO₂ dashboard.

Synopsis: - The Japanese government is introducing a significant subsidy for hydrogen fuel cell commercial vehicles, offering up to JPY 700 ($4.84) per kilogram of hydrogen fuel, covering approximately three-quarters of the price difference between hydrogen also diesel, with six prefectures designated as priority regions for implementation.

Synopsis: - China's Baowu Environmental Technology and Baowu Water Technology have successfully exported their first shipment of "Baowu Slag" blast furnace slag powder to the Philippines via the Maritime Silk Road, introducing this renewable cementitious material that improves concrete performance while reducing carbon emissions.

Synopsis: - Gonvarri Solar Steel has unveiled the fifth generation of its 1P solar tracker at Intersolar Europe 2025 in Munich, featuring enhanced efficiency, wider tracking angles, and proprietary SmarTSlope technology that enables installation on uneven terrain without compromising row length or energy output.

Synopsis: - DNV has provided crucial advisory services to Atlas Renewable Energy, helping secure a record $510 million financing package for the Estepa hybrid solar and battery storage project in Chile, which combines 215 MW of solar capacity with 418 MW of battery energy storage to deliver reliable renewable energy to Chile's industrial sector.

Synopsis: - Solar Steel is pioneering advanced solar tracker technology specifically designed for agrivoltaic projects, enabling the dual use of land for both agriculture and solar energy production through customizable systems that adapt to various farming activities while maximizing energy yield.

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: - 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.