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
Steel prices in 2025 could rise significantly if the proposed safeguard duty on imports is imposed by the end of next month, according to Crisil. Domestic prices are currently under pressure due to global price…
NMDC Steel (NSL), an Indian steel producer with a capacity of 3 mln tons per annum, has become the first in the country to receive the Bureau of Indian Standards (BIS) certification for hot rolled steel strip, sheet…
Japan's largest steelmaker, Nippon Steel, has vowed to continue its efforts to acquire U.S. Steel despite President Joe Biden blocking the USD 15 billion bid last week over national security concerns. The decision to…
Nippon Steel Corporation, its wholly owned subsidiary Nippon Steel North America (NSNA), and United States Steel Corporation (U.S. Steel) have filed two lawsuits to address illegal interference with Nippon Steel's…
The Indian government announced that 151 steel standards developed by the Bureau of Indian Standards (BIS) have been incorporated into the Quality Control Order (QCO). Efforts are ongoing to create standards for all…
U.S. President Joe Biden has blocked the USD 14.3 bln acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns. The deal, first announced in December 2023, has been politically contentious…
India has announced restrictions on the import of low-ash metallurgical coke, according to a notification from the Directorate General of Foreign Trade (DGFT). From January to June 2025, imports will require…
Japan's Nippon Steel has extended the closing period for its USD 15 bln acquisition of U.S. Steel, expressing confidence that the deal will bolster the American company's growth and security. The estimated closing date…
Turkey's Ministry of Commerce has initiated an antidumping investigation into imports of cold-rolled, galvanized, and painted coils from China and South Korea, according to an announcement published in the Turkish…
Malaysia's Ministry of Investment, Trade, and Industry (MITI) has launched an administrative review of anti-dumping duties on imports of cold-rolled coils (CRC) of iron or non-alloy steel exceeding 1,300mm in width…
UAE-based downstream steel processing firm Al Gurg Building Services has become the first in the country to receive formal approval under the Emirates Conformity Assessment Scheme (ECAS) and the Emirates Quality Mark…
Nippon Steel's USD 15 bln bid to acquire U.S. Steel has been referred to President Joe Biden, who has 15 days to make a decision, according to a White House spokesperson. Biden, who previously expressed opposition to…
The Canada Border Services Agency (CBSA) has announced the final determination in its anti-dumping (AD) investigation concerning rebar imports from the UAE, Bulgaria, and Thailand. In its findings, the CBSA assigned…
The Directorate General of Trade Remedies (DGTR), under the Commerce Ministry, has launched a safeguard investigation into the imports of non-alloy and alloy flat steel products, according to an official notification…
SSAB has secured approval from the Land and Environmental Court in Umea to build and operate a mini-mill in Lulea, Sweden, which will replace its current steel plant. This move will facilitate a technology shift with…
ArcelorMittal has increased its HRC prices in Europe, with new offers reported at EUR 630 (USD 659) per ton EXW for February rolling, up from EUR 600 per ton EXW previously. The price hike follows the European…
India is expected to impose a safeguard duty of up to 25pct on steel imports to counter cheap supplies, primarily from China, Reuters reported. Major producers like JSW Steel, Tata Steel, and ArcelorMittal Nippon Steel…
The European Commission has initiated a review of the EU's steel safeguard measure following a request from 13 member states. The request highlights the mounting challenges facing the EU steel sector, driven by…
The UAE and the Eurasian Economic Union (EAEU) have successfully concluded negotiations for a comprehensive Economic Partnership Agreement (EPA) to boost trade between the UAE and the five EAEU members: Armenia…
The Indian government is considering imposing a 25pct safeguard duty on flat steel imports, Union Steel Minister H.D. Kumaraswamy announced. According to reports, the proposal is under review, with a final decision to…
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