Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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483 news items in Duties / Regulations. Show all
The South Korean government has decided not to extend anti-dumping duties on stainless flat-rolled steel imports from China, Indonesia, and Taiwan, opting instead for a price commitment mechanism to address concerns…
Nippon Steel plans to invest USD 14 bln in U.S. Steel's operations, including up to USD 4 bln for a new steel mill, if the Trump administration approves its acquisition bid, according to sources, Reuters reported. The…
Iran has ordered cement and steel factories nationwide to halt or significantly reduce production for 15 days starting May 15 to manage soaring electricity demand, local media reported. According to Tejarat News, the…
Iron ore futures jumped on Wednesday, driven by positive market sentiment following a significant easing of trade tensions between the United States and China earlier this week. Beijing and Washington announced major…
Britain's Trade Remedies Authority (TRA) has recommended imposing country-specific caps on certain steel imports to safeguard the domestic steel industry. The proposed caps would take effect from 1 October 2025, giving…
Egypt is considering imposing anti-dumping duties on hot-rolled steel imports amid rising pressure on local producers, who are struggling to compete with cheaper, lower-quality foreign steel. The move follows a decline…
Malaysia will implement five-year anti-dumping duties on flat-rolled iron, non-alloy steel, and tinplate imports from China, India, Japan, and South Korea starting May 11, 2025. The move follows an investigation into…
Austrian steelmaker Voestalpine is calling on the federal government to support energy-intensive industries by reinstating electricity price compensation, a measure widely used across the EU to maintain competitiveness…
The Pakistan Association of Large Steel Producers (PALSP) has urged the government to establish a clear, written policy outlining applicable tax rates to ensure smoother operations and greater stability in the steel…
A new UK-US trade agreement will see tariffs on British steel exports to the United States reduced to zero, easing a key barrier for the UK steel industry. As part of the deal, tariffs on UK-made cars exported to the US…
India has proposed zero tariffs on steel, auto components, and pharmaceuticals, up to a certain import threshold, as part of ongoing trade talks with the US, Bloomberg reported, citing people familiar with the matter…
India's Supreme Court has rejected JSW Steel Ltd.'s acquisition of Bhushan Power & Steel Ltd. (BPSL), a deal that was completed nearly four years ago, citing violations of the country's bankruptcy laws. The court has…
Mobarakeh Steel Group, the Middle East's largest steel producer, has urged the Indian government to grant market access to Iranian companies, particularly for the export of semi-finished steel products, according to an…
The Egyptian Ministry of Investment and Foreign Trade has launched a safeguard investigation into imports of hot-rolled steel products, according to a notification from the World Trade Organization (WTO). The…
Saudi Steel Pipe Co. (SSP) has signed a settlement agreement with the sellers of three land plots in Dammam, originally purchased in 2010. The agreement, finalized on April 28, nullifies the transaction, with the…
The South Korean Ministry of Economy and Finance has imposed provisional anti-dumping duties on hot-rolled plate imports from China. The duties, ranging from 27.91pct to 38.02pct, apply to China-origin hot-rolled carbon…
The Thai Industry Ministry has proposed scrapping the certification standard for steel produced using induction furnaces (IF), citing environmental and quality concerns. Industry Minister Akanat Promphan said IF…
Turkey's Borcelik, a leading flat steel producer, is facing provisional anti-dumping duties of 22.9pct on its corrosion-resistant steel exports to Canada, following a preliminary determination by the Canada Border…
India has imposed a 12pct safeguard tariff on certain flat steel imports in a bid to curb a surge in shipments and protect domestic producers, according to a Ministry of Finance notification. The duty, effective…
The Pakistan Association of Large Steel Producers (PALSP) has strongly opposed the Federal Board of Revenue's (FBR) draft SRO 592(1)/2025, which seeks to reinstate the Export Facilitation Scheme (EFS) for the iron and…
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