Iron ore futures fell sharply on Monday as market sentiment deteriorated following Beijing's move to introduce a steel export licensing system aimed at regulating overseas shipments next year. China's Ministry of…
Turkey's stainless steel producer Posco Assan, a joint venture between Posco and Kibar Holding, has reiterated the need for protective measures in response to rising low-priced imports that industry representatives say…
Iron ore prices dipped on Friday, pressured by rising inventories at Chinese ports and weak steel demand, both of which continue to reinforce a bearish outlook for the market. Port-side iron ore stocks have climbed to…
China's Ministry of Commerce will introduce a new steel export licensing system starting January 1, 2026, requiring permits for most steel products in an effort to manage surging shipments and address global oversupply…
APL Apollo Tubes Company LLC, the UAE-based subsidiary of APL Apollo Tubes Limited, has obtained Steel Sustainability Australia (SSA) certification for the 2025-2026 cycle, the company announced. The SSA program…
Iron ore futures fell on Thursday, weighed down by weakening fundamentals and cautious sentiment across the steel value chain. Rising supply combined with softer steel demand continued to pressure prices, while…
China's persistent steel overcapacity remains difficult to address, largely because the sector is deeply intertwined with the broader domestic economy. World Steel Association chief Edwin Basson said that shutting mills…
Turkey's steel industry continues to demonstrate resilience despite market volatility, with exports and ongoing investments in efficiency, digitalization, and green transformation emerging as central pillars of…
Pakistan's steel industry has raised concerns over the government's economic and tax policies, warning that steep increases in indirect taxes, particularly sales tax, have sharply reduced demand for steel products…
The Saudi Iron and Steel Company (Hadeed) has received ECAS and Emirates Quality Mark (EQM) approval, certified by CARES, for its rebar products, authorizing the company to supply BS 4449:2005+A3:2016 grade B500B rebar…
The Ministry of Steel has extended the exemption period for key stainless steel flat products under the Quality Control Orders (QCOs) to March 31, 2026, responding to industry concerns over supply shortages and advance…
Sweden's Land and Environment Court of Appeal has upheld SSAB's permit to build and operate a new electric arc furnace (EAF) steel plant in Lulea, confirming the approval originally granted in December 2024. The new…
The European Commission has introduced definitive import quotas on ferroalloys in response to a surge of low-priced imports that, according to its investigation, caused serious injury to EU producers. The measures…
Aisha Steel Mills Limited said domestic flat steel demand in Pakistan is rebounding from last year's lows, with a strong recovery in cold-rolled and coated steel consumption, according to the company's corporate…
India has imposed an anti-dumping duty on imports of hot-rolled flat products of alloy and non-alloy steel from Vietnam, according to a notification issued by the Ministry of Finance. The duty has been set at USD 121.55…
Thailand's Ministry of Commerce has finalized the imposition of definitive anti-dumping duties on imports of hot-rolled H-beams from China, according to an official notice published in the Royal Gazette. The duties…
Romanian prosecutors have launched an investigation into an alleged USD 300 mln fraud involving CO2 emission certificates tied to Liberty Galati, the country's largest steel plant owned by Sanjeev Gupta's Liberty Steel…
Saudi Arabia's Al-Ittefaq Steel Products Company (ISPC) has received formal approval for its rebar products under both the Emirates Conformity Assessment Scheme (ECAS) and the Emirates Quality Mark (EQM), certified by…
The Trade Remedies Authority (TRA), the UK's independent trade remedies body, has launched a review of the tariff rate quota (TRQ) for category 13 steel (rebar) under the UK's steel safeguard measures, following…
The global long steel products market continues to struggle with weak demand, rising supply, and mills operating below capacity. According to the latest short-range outlook from the International Rebar Producers and…