Video Clips from 2025 - Latest Iron & Steel News
Insights from COP30: Scaling Green Steel Across the Value Chain
16 Dec 2025
Green steel is no longer a niche innovation â it's becoming a cornerstone of industrial decarbonization. But scaling it across value chains demands bold action from industry, finance, and policy alike. In this panel, Outokumpu brings together leaders from heavy industry, technology, and political decision making to explore how collaboration and demand-side action can accelerate market traction for near-zero steel.
Algoma Steel cuts 1,000 jobs, blames U.S. tariffs
01 Dec 2025
Canada's Algoma Steel confirms it has issued layoff notices to about 1,000 workers at its Sault Ste. Marie plant in Ontario, citing the impact of US steel tariffs. The company is closing its blast furnace and moving to electric arc furnace steelmaking earlier than planned.
Goods containing steel and aluminum hit with new tariffs
21 Aug 2025
The US extends its 50% Section 232 tariff to 407 additional categories of "derivative" products containing steel and aluminium, from butter knives to fire extinguishers, following notices from US Customs and Border Protection and the Commerce Department.
Trump plans to boost steel tariffs, EU Commission regrets announcement
01 Jun 2025
President Trump says he will raise tariffs on imported steel and aluminium from 25% to 50%, increasing the pressure on steel producers worldwide. The European Commission says it regrets the move and is prepared to impose countermeasures.
Trump Celebrates âRecord-Breakingâ Nippon Steel Investment: âSingle Largest Investment Of Any Kindâ
31 May 2025
During a rally in West Mifflin, PA, President Trump spoke about Nippon Steel's $14 billion investment into U.S. Steel..
EU to unveil more countermeasures against US tariffs following its steel and metals action plan
08 May 2025
The European Union will unveil more details of its countermeasures against United States tariffs on Thursday (May 8). The bloc had earlier released an action plan that aims to strengthen European steelmakers in the face of 25 per cent duties on steel and aluminium imposed by the US. William Denselow reports on what this means for the EU steel industry, which is already reeling from intense competition and rising operational costs. Read more:.
Emergency bill to keep British Steel plant open becomes law after King's approval
12 Apr 2025
The emergency bill to keep the British Steel site in Scunthorpe open has become law after King Charles granted royal assent. The bill was rushed through in a single day, with MPs and peers being recalled from recess to take part in a Saturday sitting for the first time in over 40 years.
Whyalla Steelworks forced into administration by South Australian government
19 Feb 2025
At 10.45am this morning Premier Peter Malinauskas pushed legislation through both houses of the state parliament then walked across the road to Government House to get royal assent to the bill putting the Whyalla steelworks into administration. Minutes later Sanjeev Gupta's company was served with notice that administrators Korda Mentha had taken control of the steelworks.
Tariffs: EU Threatens Countermeasures After Trump's Action on Steel, Aluminum
11 Feb 2025
The European Union said it will respond to any tariffs the US might impose on it, escalating a potential transatlantic trade dispute. âUnjustified tariffs on the EU will not go unanswered â they will trigger firm and proportionate countermeasures,â European Commission President Ursula von der Leyen said in a statement. On Monday US President Donald Trump ordered a 25% tariff on steel and aluminum imports.
Spartan Steel & Alloys v Martin & Co [1973] - Case Summary- Tort law - Pure Economic loss
25 Jan 2025
The facts of the case, the parties' arguments in court, and the decisions reached at first instance and in the Court of Appeal are outlined. The general rule on recovery of damages for pure economic loss in English law and the differences between pure economic loss and consequential loss are also explained.
75 Steel Mills in China Collapse Together, 100,000 Jobless Overnight; 2025 Disaster Ahead!
10 Jan 2025
On December 24, 2024, industry insider Mr. Yuan revealed on social media that 75 steel companies in China have halted production. The main reason: steel products are not selling, and the more they produce, the more they lose. Many factories simply have no choice but to stop production. Mr. Yuan, from Tangshan, Hebeiâa city known as the "steel capital"âshared his concerns on Douyin, the Chinese version of TikTok. He stated that many steel mills are struggling to stay afloat, with some even finding it difficult to pay their employees
16 Dec 2025
Green steel is no longer a niche innovation â it's becoming a cornerstone of industrial decarbonization. But scaling it across value chains demands bold action from industry, finance, and policy alike. In this panel, Outokumpu brings together leaders from heavy industry, technology, and political decision making to explore how collaboration and demand-side action can accelerate market traction for near-zero steel.
Algoma Steel cuts 1,000 jobs, blames U.S. tariffs
01 Dec 2025
Canada's Algoma Steel confirms it has issued layoff notices to about 1,000 workers at its Sault Ste. Marie plant in Ontario, citing the impact of US steel tariffs. The company is closing its blast furnace and moving to electric arc furnace steelmaking earlier than planned.
Goods containing steel and aluminum hit with new tariffs
21 Aug 2025
The US extends its 50% Section 232 tariff to 407 additional categories of "derivative" products containing steel and aluminium, from butter knives to fire extinguishers, following notices from US Customs and Border Protection and the Commerce Department.
Trump plans to boost steel tariffs, EU Commission regrets announcement
01 Jun 2025
President Trump says he will raise tariffs on imported steel and aluminium from 25% to 50%, increasing the pressure on steel producers worldwide. The European Commission says it regrets the move and is prepared to impose countermeasures.
Trump Celebrates âRecord-Breakingâ Nippon Steel Investment: âSingle Largest Investment Of Any Kindâ
31 May 2025
During a rally in West Mifflin, PA, President Trump spoke about Nippon Steel's $14 billion investment into U.S. Steel..
EU to unveil more countermeasures against US tariffs following its steel and metals action plan
08 May 2025
The European Union will unveil more details of its countermeasures against United States tariffs on Thursday (May 8). The bloc had earlier released an action plan that aims to strengthen European steelmakers in the face of 25 per cent duties on steel and aluminium imposed by the US. William Denselow reports on what this means for the EU steel industry, which is already reeling from intense competition and rising operational costs. Read more:.
Emergency bill to keep British Steel plant open becomes law after King's approval
12 Apr 2025
The emergency bill to keep the British Steel site in Scunthorpe open has become law after King Charles granted royal assent. The bill was rushed through in a single day, with MPs and peers being recalled from recess to take part in a Saturday sitting for the first time in over 40 years.
Whyalla Steelworks forced into administration by South Australian government
19 Feb 2025
At 10.45am this morning Premier Peter Malinauskas pushed legislation through both houses of the state parliament then walked across the road to Government House to get royal assent to the bill putting the Whyalla steelworks into administration. Minutes later Sanjeev Gupta's company was served with notice that administrators Korda Mentha had taken control of the steelworks.
Tariffs: EU Threatens Countermeasures After Trump's Action on Steel, Aluminum
11 Feb 2025
The European Union said it will respond to any tariffs the US might impose on it, escalating a potential transatlantic trade dispute. âUnjustified tariffs on the EU will not go unanswered â they will trigger firm and proportionate countermeasures,â European Commission President Ursula von der Leyen said in a statement. On Monday US President Donald Trump ordered a 25% tariff on steel and aluminum imports.
Spartan Steel & Alloys v Martin & Co [1973] - Case Summary- Tort law - Pure Economic loss
25 Jan 2025
The facts of the case, the parties' arguments in court, and the decisions reached at first instance and in the Court of Appeal are outlined. The general rule on recovery of damages for pure economic loss in English law and the differences between pure economic loss and consequential loss are also explained.
75 Steel Mills in China Collapse Together, 100,000 Jobless Overnight; 2025 Disaster Ahead!
10 Jan 2025
On December 24, 2024, industry insider Mr. Yuan revealed on social media that 75 steel companies in China have halted production. The main reason: steel products are not selling, and the more they produce, the more they lose. Many factories simply have no choice but to stop production. Mr. Yuan, from Tangshan, Hebeiâa city known as the "steel capital"âshared his concerns on Douyin, the Chinese version of TikTok. He stated that many steel mills are struggling to stay afloat, with some even finding it difficult to pay their employees
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