Steel News Updates

GovernmentBusinessEquipmentLogistics

Cleveland-Cliffs CEO Urges Canada to Hike Steel Tariffs

The notoriously combative U.S. executive and vocal public supporter of President Donald Trump said July 21 that Carney and his cabinet should enact “significant” trade protections.

July 21, 2025
GovernmentBusiness

Canada to Curb Steel Imports to Soften Blow From US Tariffs

Canada will reduce the amount of foreign steel importers can bring into the country tariff-free, a move to help domestic producers suffering from President Donald Trump’s levies.

July 16, 2025
GovernmentBusinessEquipmentLogistics

Canada Faces Steel Job Cuts as US Tariff Pressure Mounts

A group of Canadian steel producers said the government’s plan to restrict foreign steel imports isn’t strong enough and warned that the industry is set to shed thousands more jobs.

June 26, 2025
GovernmentBusinessEquipmentLogistics

Alabama’s Port Birmingham Adds 25,000-Square-Foot Warehouse

The new facility is designed specifically to handle cold-rolled steel coils. It marks the first phase in a plan to upgrade the site into a high-performing logistics hub for central Alabama.

June 24, 2025
GovernmentBusiness

Nippon Steel Closes $14.1 Billion Acquisition of US Steel

Nippon Steel closed its $14.1 billion takeover of U.S. Steel, bringing to an end an 18-month effort to combine the American and Japanese steelmakers, the companies said in a June 18 statement.

June 18, 2025
GovernmentBusiness

UK's Starmer, Trump Agree to Implement Tariff-Cutting Deal

United Kingdom Prime Minister Keir Starmer and U.S. President Donald Trump agreed June 16 to implement a trade deal announced last month, with one notable exception.

June 16, 2025
GovernmentBusiness

Nippon Wins Conditional Approval to Buy US Steel

Nippon Steel won conditional U.S. approval for its $14.1 billion purchase of U.S. Steel, capping a lengthy saga in a tie-up that will create one of the world’s largest steel companies.

June 16, 2025
GovernmentBusinessEquipmentLogistics

Canada Weighs Stronger Tariffs on Foreign Steel

“We cannot accept any form of unfair practices from different countries when it comes to our Canadian market. That’s enough,” Industry Minister Melanie Joly told reporters on June 11.

June 11, 2025
GovernmentBusinessTechnologyEquipmentLogistics

Steel Tariff Talks Between US, Mexico Nearing Resolution

Under its current terms, the deal would allow U.S. buyers to import Mexican steel duty-free as long as they kept total shipments below a level based on historical trade volumes.

June 10, 2025
GovernmentBusiness

US Steel Deal With Nippon Seen Closing by Merger Deadline

Nippon Steel and United States Steel are on pace to finalize their $14.1 billion combination with President Donald Trump’s administration ahead of a deal deadline later this month.

June 5, 2025