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Future development trend of the steel industry
Mainly focused on the following aspects: Green and low-carbon development: With the global emphasis on environmental protection, the steel industry will accelerate its transformation towards green and low-carbon. This includes promoting short-process…
Launch of ArcelorMittal XCarb® Innovation Fund’s China Accelerator Program
ArcelorMittal recently announced the launch of the XCarb® Innovation Fund China Accelerator Program. The program aims to support and accelerate the development of breakthrough low-carbon emission steelmaking technologies. The XCarb® Innovation Fund…
UK Declines to Retaliate Against U.S. Steel and Aluminum Tariffs
The British government recently said it would not take retaliatory trade measures against US steel and aluminum import tariffs. British government officials revealed that they will continue to engage with the United…
Japan-U.S. steel and aluminum tariff negotiations have reached a deadlock, and there has been no progress on the exemption issue
Japanese Minister of Economy, Trade and Industry Yoshiharu Muto held emergency talks with U.S. officials in an attempt to exempt Japan from U.S. tariffs on steel and aluminum products. However, the talks…
Announcement of the ruling on the anti-discrimination investigation into Canada’s restrictive measures against China
On March 8, 2025, China’s Ministry of Commerce announced the ruling on the anti-discrimination investigation of Canada’s relevant restrictive measures. According to the results of the investigation, Canada’s measures to impose tariffs…
What impact do steel price fluctuations have on the global economy?
Fluctuations in steel prices have far-reaching impacts on the global economy, mainly in the following areas: Construction and infrastructure: Steel is a core material in the construction industry. Rising prices will increase…
Four major development directions of amorphous wire in the future are worthy of attention
According to analysis, amorphous wire has four major development directions in the future: Smart industry demand: Amorphous wire is widely used in smart agriculture, smart transportation, smart elderly care and low-altitude flight…
South Korea to impose additional tariffs on China’s steel industry
Recently, South Korea decided to impose additional tariffs on Chinese steel products2. The Trade Commission of the Ministry of Trade, Industry and Energy of South Korea announced an anti-dumping investigation on hot-rolled…
How to improve the corrosion resistance of steel structures in deep sea environments?
Improving the corrosion resistance of steel structures in deep-sea environments requires comprehensive measures from multiple dimensions such as materials, processes, technology and management.
Global crude steel production in January 2025 fell by 4.4% year-on-year
According to statistics from January 2025, global crude steel production fell by 4.4% year-on-year. This decline may be affected by multiple factors, including the global economic slowdown, reduced demand, and the regulation…
The steel industry innovates supply and expands the market
The innovative supply and market expansion of the steel industry are important directions for the current development of the industry. With the development of the global economy and technological progress, the steel…