The Federal Government has announced plans to establish a Critical Minerals Strategic Reserve if re-elected, with plans to invest $1.2 billion into the initiative.

World crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) was 166.1 million tonnes (Mt) in March 2025, a 2.9% increase compared to March 2024.

China’s Shandong Aipurui Steel Plate Co. Ltd intends to set up a $120 million steel plant in Uzbekistan’s Ferghana region. This was reported by the regional authorities.

European steel industry concerned about broader impact of US tariffs

Primetals, Mitsubishi, voestalpine and Rio Tinto to build hydrogen-based ironmaking plant

Nippon Steel to expand tinplate steel capacity in Thailand

Most of the shutdown enterprises are managed by Liberty Steel Group

World crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) was 144.7 million tonnes (Mt) in February 2025