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steel industry - Latest news GMK Center

Photo – South Korea is set to expand its support for the steel industry
South Korea is set to expand its support for the steel industry

The government will also tighten the requirements for tracing the origin of imports

Photo – German steelmakers are concerned about cuts to funding for the Climate and Transformation Fund
German steelmakers are concerned about cuts to funding for the Climate and Transformation Fund

The association has called for measures to support energy prices to be continued

Photo – European steel producers are calling for the CBAM to be strengthened
European steel producers are calling for the CBAM to be strengthened

Major market players have called for the integrity of the ETS to be preserved

Photo – The Council of the EU has given its final approval to the reform of the Coal and Steel Fund
The Council of the EU has given its final approval to the reform of the Coal and Steel Fund

The fund’s aim is to encourage investment in R&D in the steel sector and to support the green transition in the EU’s coal-mining regions

Photo – Baosteel invested 3.2 billion yuan in energy conservation and decarbonisation in 2025
Baosteel invested 3.2 billion yuan in energy conservation and decarbonisation in 2025

The company has reduced its annual carbon emissions by over 2 million tonnes

Photo – Railway disruptions pose risks for German steelmakers
Railway disruptions pose risks for German steelmakers

The current situation regarding the network upgrade is already affecting the industry

Photo – Germany’s steel industry is at a turning point – WV Stahl
Germany’s steel industry is at a turning point – WV Stahl

Stable framework conditions are necessary for investments in decarbonization and technological modernization

Photo – The Feralpi Group has called for greater support for the European steel industry
The Feralpi Group has called for greater support for the European steel industry

The company believes that Europe needs to move away from a purely regulatory approach

Photo – India accounts for over 60% of new blast furnace capacity worldwide – GEM
India accounts for over 60% of new blast furnace capacity worldwide – GEM

The global steel industry continues to rely on coal despite decarbonization efforts

Photo – Caroline Ashley: «There are no winners yet in the race toward decarbonization»
Caroline Ashley: «There are no winners yet in the race toward decarbonization»

SteelWatch’s Executive Director on the progress and challenges in the global steel industry’s green transition

Photo – South Korea has announced a $54 billion support package for the steel industry
South Korea has announced a $54 billion support package for the steel industry

The industry is under pressure from the conflict in the Middle East and the tariff policies of other countries

Photo – Eurometal has called for urgent support for the European steel industry
Eurometal has called for urgent support for the European steel industry

More than 300 companies and 35 industry associations across Europe have joined the call

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