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HomeSteel

Steel

Liberty Energy
Crude Oil News

Oil Price Slump, Tariffs Hit Oilfield Services Sector

April 8, 2025 Clark Savage

Trump’s sweeping tariffs and China’s retaliation triggered a sharp drop in oil prices. The oilfield services sector is particularly vulnerable, facing reduced demand and profit margins due to falling oil prices, higher import costs, and […]

steel and aluminum
Critical Minerals

U.S. Imposes Sweeping Steel, Aluminum Tariffs

March 13, 2025 Mariel Alumit

The European Union and Canada retaliate with a slew of countermeasures. Fierce Global Backlash The United States imposed 25 percent tariffs on all steel and aluminum imports on Wednesday. The policy is aimed at leveling […]

Chinese steel
Finance

Only 5% of Chinese steel producers are currently profitable

August 22, 2024 Mariel Alumit

The Chinese steel industry is going through a “winter”, according to the head of the world’s largest steel producer, with analysts warning the sector – vital for capesize owners – faces prolonged decline. Steel production […]

Carbon
Big Oil Companies

World’s Fourth Biggest Iron Ore Producer Stops Buying Carbon Offsets

September 25, 2023 Mariel Alumit

Shell and Fortescue Metals, two major companies, back away from large-scale carbon offset plans. A UC Berkeley study suggests most carbon offset credits might not provide real climate benefits. Leading carbon credit certifier Verra faced […]

Modern
Commodities

The Modern World Can’t Exist Without These Four Ingredients. They All Require Fossil Fuels

June 2, 2023 Mariel Alumit

Modern societies would be impossible without mass-scale production of many man-made materials. We could have an affluent civilization that provides plenty of food, material comforts, and access to good education and health care without any […]

electrical
Energy Transition

US electrical steel shortage threatens energy transition, recovery from power outages, groups warn Biden

May 25, 2023 Mariel Alumit

A shortage of electrical steel is challenging the transition to emissions-free vehicles, delaying power restoration after storms and slowing new home and commercial construction, electric utilities and other groups warned President Biden on Monday. Electrical steel is […]

Commodities

China Dominates The World’s Biggest Steel Producers

May 22, 2023 Mariel Alumit

Steel is a critical component of modern industry and economy, essential for the construction of buildings, automobiles, and many other appliances and infrastructure used in our daily lives. Visual Capitalist’s Niccolo Conte create this infographic, […]

Industry Insights

Tempered steel was a thing 2,900 years ago

March 2, 2023 Mariel Alumit

​ An international team of researchers has proven that steel tools were already used in Europe around 2,900 years ago. Using geochemical analyses, the scientists were able to prove that stone stelae on the Iberian […]

funding
Climate Crisis

University of Oulu gets €1.6 million funding to expedite emission-free steel industry

January 4, 2023 Mariel Alumit

The Tiina and Antti Herlin Foundation’s four-year funding, aimed at cutting carbon dioxide emissions, will be allocated to steel research and the promotion of carbon neutrality in the steel industry, with objective is to create […]

China
Commodities

China’s V demand from non-steel sectors to rise in 2023

December 29, 2022 Mariel Alumit

Beijing, 29 December (Argus) — Demand for vanadium from China’s non-steel industries is likely to rise in 2023, as decarbonisation and the development of China’s aerospace industry fuel investment in aerospace titanium alloys and vanadium […]

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