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Semiconductor Supply Chain Remains Secure Despite Taiwan Earthquake

An earthquake in Taiwan caused temporary shutdowns of semiconductor plants but had minimal impact on production and supply chains, ensuring stability in the global auto sector.

Hualien , Hualian-xian , Taiwan , Christopher-rivituso , Taiwan-semiconductor , Port-bureau , European-automobile-manufacturer-association , European-union , South-china-morning-post , Taiwan-semiconductor-manufacturing-company , Data-center-dynamics , United-microelectronics-corporation

Liberty Steel Unveils Ambitious Expansion Plans

Liberty Steel announces a restructuring plan that includes increasing crude steel manufacturing capacity at its Rotherham plant in the UK.

Australia , Rotherdam , Rotherham , United-kingdom , Silver-point , New-york , United-states , London , City-of , Port-talbot , Neath-port-talbot , Blackrock

UK Steel Manufacturer Secures Major Contract for Energy Infrastructure

UK Steel Manufacturer Secures Major Contract for Energy Infrastructure
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London , City-of , United-kingdom , Hartlepool , United-states , County-durham , Durham , American , Christopher-rivituso , American-petroleum , Thyssenkrupp , Northern-endurance-partnership

UK Trade Union Prepares for Showdown with Tata Steel

Tata Steel workers in Port Talbot, Wales, are preparing for a strike ballot over plans to replace blast furnaces with electric arc furnaces.

United-kingdom , Port-talbot , Neath-port-talbot , Christopher-rivituso , Alun-davies , United-kingdom-trade-remedies-authority , Union-plan , Tata-steel , Via-metal , Tata-steel-united-kingdom , Blast-furnace-number , Mumbai-headquartered-tata-steel

Ukraine Steel Giant Faces 31% Drop in Steel Production

Metinvest reported a 31% decrease in crude steel production for 2023 due to Russia's invasion, leading to the halt of steel manufacturing activities at its Mariupol and Avdiivka assets.

Ukraine , Ingulets , Kirovohrads-ka-oblast- , Black-sea , Oceans-general- , Oceans , Bulgaria , Italy , Azovstal , Ukraine-general- , United-kingdom , Russia

UK Trade Authority Probes Steel Import Quotas

The UK's Trade Remedies Authority launched reviews on steel safeguard measures amid Tata Steel's proposal to close blast furnaces in Port Talbot, Wales, prompting concerns over import quotas and tariffs.

Port-talbot , Neath-port-talbot , United-kingdom , China , Chinese , Christopher-rivituso , United-kingdom-department-for-business , United-kingdom-trade-remedies-authority , European-union , Via-metal , Trade-remedies-authority , Tata-steel-united-kingdom

Global Steel Markets Navigate Through Turbulence and Transition

Global steel production in December 2023 experienced a significant decline, reflecting divergent trends across regions, with India showing strong growth while Europe and North America faced reductions.

Germany , Romania , Croatia , Iran , Darkhan , Darhan-uul , Mongolia , Portugal , Kazakhstan , Ukraine , Mexico , Poland

High Energy Prices Weigh On European Steelmakers

Liberty Steel Ostrava's workers did not return to work as expected, amidst ongoing financial struggles and energy supply issues, reflecting broader challenges in the European steel industry.

Czech-republic , Romania , Singapore , Ilva , Romania-general- , Italy , Poland , Italian , Romanian , Polish , Czech , Liberty-ostrava

German Steelmaker Invests €100 Million in Modernizing Furnace

Salzgitter has completed a €100 million relining of Blast Furnace A, increasing its pig iron production capacity to 2 million metric tons per year, while facing challenges like reduced crude steel production and falling prices.

Lower-saxony , Niedersachsen , Germany , German , Christopher-rivituso , Ilsenburger-grobbelech , Mannesmann-grossrohr , European-central-bank , Via-metal , Blast-furnace , Recover-pig-iron-capacity , Salzgitter

New UK Carbon Tax Aims to Encourage Sustainable Metal Production

The UK is planning to introduce a carbon tax on imports of steel, aluminum, and iron ore by 2027 as part of its Carbon Border Adjustment Mechanism (CBAM) to combat climate change and reduce carbon leakage.

United-kingdom , Ruth-herbert , Christopher-rivituso , Carbon-capture-storage-association , European-union , Via-metal , Carbon-border-adjustment-mechanism , Tax-charges-dependent , United-kingdom-emissions-trading-scheme , Trading-scheme , Carbon-capture , Storage-association