Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
483 news items in Duties / Regulations. Show all
ArcelorMittal Nippon Steel (AM/NS) India plans to invest USD 30 bln over the next decade to expand its steel production capacity more than fourfold, reaching around 40 mln tons per annum, a senior official said. As part…
JSW Group is establishing a green steel plant in Salav, Raigad, Maharashtra, aimed at exporting steel to the European Union (EU) in compliance with the bloc's Carbon Border Adjustment Mechanism (CBAM). The facility will…
The UAE and the EU have agreed to begin negotiations on a potential trade deal, announced UAE President Sheikh Mohamed bin Zayed Al Nahyan. In a separate statement, the EU confirmed that European Commission President…
The Pakistan Steel Melters Association (PSMA) has submitted its proposals for the Federal Budget 2025-26, aiming to revitalize the domestic steel industry and promote economic growth. The proposals focus on key…
Vietnam's Ministry of Industry and Trade has announced provisional anti-dumping duties on coated steel imports from China and South Korea, following an investigation into the impact of these imports on domestic…
U.S. President Donald Trump has announced a 10pct minimum import tariff on most goods entering the country, raising concerns about a potential global trade war. The new tariffs will take effect on April 5, 2025. In…
Chinese authorities have introduced new export tax regulations aimed at optimizing export services and improving tax compliance. These changes will particularly impact steel exports from Chinese traders who were…
The European Commission (EC) has strengthened steel safeguard measures to protect EU steel producers from surging imports, reducing the liberalization rate from 1pct to 0.1pct, which significantly limits the volume of…
The Gulf Cooperation Council (GCC) has announced the imposition of anti-dumping duties on imports of aluminum alloy flat products from China. According to the GCC's Bureau of Technical Secretariat for Anti-Injurious…
India has signed 42 agreements with 25 companies for the production of high-end steel under the second round of the Production-Linked Incentive (PLI) Scheme for specialty steel, with an estimated investment of nearly…
Iron ore futures surged on Monday as Chinese steel mills ramped up production, fueling positive market sentiment. However, long-term demand concerns remain. With the anticipation of stronger steel demand in the spring…
Egypt's steel exports fell 4pct YoY in 2024 to USD 2.3 bln, according to the Export Council for Building Materials. The decline is driven by rising trade barriers, including a 25pct U.S. tariff on steel imports and a…
Ezz Steel announced that its shares have been delisted from the Egyptian Stock Exchange (EGX) as of March 13, 2025. In response, the company has set up an over-the-counter (OTC) trading facility using the EGX's…
Iron ore futures continued to decline on Thursday amid persistent concerns over demand, though strong domestic steel consumption helped limit losses. The outlook for iron ore was further pressured by rising…
ArcelorMittal South Africa (ArcelorMittal SA) is in talks with the government and other stakeholders for funding to potentially delay the planned closure of its long steel operations. However, the company emphasized…
The Uusimaa Centre for Economic Development, Transport, and the Environment (ELY Center) has issued its reasoned conclusion on the Environmental Impact Assessment (EIA) for Blastr's low-emission steel plant. This marks…
The European Commission has announced a comprehensive action plan to support and expand industrial capacities in the steel and metals sectors, aiming to counter market distortions such as global overcapacity and…
India's trade regulator has proposed a 12pct safeguard duty on flat steel products for 200 days to curb rising imports, according to a government notice. The Directorate General of Trade Remedies (DGTR), under the…
Taiwan's Customs Administration has extended anti-dumping duties on cold-rolled stainless steel from China and South Korea for another five years. The tariffs, set at 38.11pct for Chinese imports and 37.65pct for South…
The European Commission (EC) has released its preliminary findings on the anti-dumping investigation into hot-rolled flat steel imports from Egypt, India, Japan, and Vietnam. As a result, the EC has proposed provisional…
“Premium Content” marks a news item that needs a subscription to read in full.
