Steel News Updates

Government, Business, Equipment, Logistics

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
Government, Business, Technology, Equipment, Logistics

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
Government, Business

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
Government, Business

Canada Prime Minister Carney Holds Back on Tariff Retaliation

Prime Minister Mark Carney said Canada and the U.S. are in “intensive” talks about the countries’ relationship, explaining his decision not to respond yet to doubled steel and aluminum tariffs.

June 4, 2025
Government, Business

Mexico Will Ask US Government for Steel Tariff Exemption

Mexico will ask President Donald Trump’s administration on June 6 to be exempted from an increase in steel tariffs to 50%, the country’s economy minister said.

June 4, 2025
Government, Business

UK Gets Reprieve on Steel Tariff

The U.K.has a new five-week deadline to finalize its trade agreement with the U.S. after President Donald Trump spared the country’s steel and aluminum exports from a doubling of tariffs.

June 4, 2025
Government, Business, Technology, Equipment, Logistics

Trump Signs Order Hiking Steel, Aluminum Tariffs to 50%

President Donald Trump signed a directive June 3 formally raising steel and aluminum tariffs to 50% from 25% starting June 4.

June 3, 2025
Government, Business, Equipment

Steel and Aluminum Prices Jump on Trump Tariff Move

Futures tracking the prices U.S. manufacturers pay for aluminum and steel surged after President Donald Trump said he will double tariffs on the metals this week.

June 2, 2025
Government, Business

Trump Tells US Steelworkers He’s Going to Double Tariffs

President Donald Trump told Pennsylvania steelworkers he’s doubling the tariff on imported steel and aluminum to 50% to protect their industry.

May 31, 2025
Government, Business

Details Scarce on Nippon-US Steel Deal

President Donald Trump is holding a rally in Pennsylvania on May 30 to celebrate a details-to-come deal for Japan-based Nippon Steel to invest in U.S. Steel.

May 30, 2025