This includes the growing momentum to reduce Scope 1-3 emissions to increase the number of “Net-Zero” buildings, according to sources.

“I’m not sure of the effects of the on-and-off-again tariffs.” — second US distributor

India looks to price differentials for “5-star” steel.

South Korea is one of the world's largest steel producers, with major companies like POSCO, Hyundai Steel, and SeAH Steel leading the industry. Below is an overview of their production capacities and contact details for procurement or purchase departments.

The steel market remains under pressure: demand is weak and imports are at record highs

UK-based mining giant Anglo American has announced its production results for the fourth quarter and full year of 2024.

In December 2024, U.S. steel mills shipped 7,145,016 net tons, a 0.9 percent increase from the 7,082,921 net tons shipped in December 2023.

The tariff will apply to products such as passenger vehicles, trucks and buses, steel and aluminum products, certain fruits and vegetables, aerospace products, as well as beef, pork and dairy products, the release said.