Recently, the global steel industry has witnessed a series of important developments, demonstrating a trend of parallel green transformation and market regulation. Global mining giant Rio Tinto has reached an important cooperation agreement with German steel manufacturer Salzgitt to jointly evaluate the feasibility of Rio Tinto's iron ore balls, blocks, and fines from mines in Canada and Australia for the production of carbon free steel in Salzgitt's SALCOS green steel project. This cooperation is of milestone significance. Rio Tinto is guided by the goal of achieving net zero emissions by 2050, while Salzgitt is fully committed to pursuing near carbon free steel production in the SALCOS project, highlighting the company's active commitment to environmental responsibility.
The latest data from the World Steel Association reveals that Iran's steel production in April decreased by 20.7% year-on-year, to 2.2 million tons. Although the total crude steel production in the first four months was 9.1 million tons, a decrease of 8.9% compared to the same period last year, Iran still maintains its position as the world's tenth largest steel producer. This reflects the complexity and variability of the global steel market landscape.
In the EU region, the final review of the safeguard measures for imported steel products has attracted widespread attention. The EU plans to make a ruling on the review of safeguard measures for imported steel products before July 1st and increase the annual quota increase rate from 3% to 4%. The review ruling will take effect from July 1, 2022 and be valid until June 30, 2024, covering 26 major categories of steel products. This move aims to regulate the internal steel market of the European Union to cope with the evolution of the global steel trade pattern and ensure the stable development of the EU steel industry.
At the same time, the latest data released by the National Railway Administration shows that in July 2025, 235 million tons of coal will be shipped by railways nationwide, a year-on-year increase of 3.3%. This growth trend indicates that the demand for raw materials in domestic steel production continues to rise, providing strong support for the stable operation of the steel industry. This also indirectly reflects the important position and positive role of China's steel industry in economic development.
The global steel industry is standing at the intersection of green transformation and market regulation. The cooperation between enterprises promotes the development of carbon free steel production technology, and the policy measures of various countries and regions play a key role in regulating market order and ensuring industrial development. In the future, with the continuous improvement of environmental protection requirements and the continuous changes in market demand, the sustainable development of the steel industry will become a global focus of attention. Major steel companies need to continue to strengthen technological innovation, improve resource utilization efficiency, reduce environmental pollution, adapt to new market environments and challenges, and make greater contributions to global economic development and environmental protection
Post time: Sep-25-2025