Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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India's Competition Commission (CCI) has approved the acquisition of Thyssenkrupp Electrical Steel India Pvt Ltd by JSquare Electrical Steel Nashik Pvt Ltd, a subsidiary of JSW JFE Electrical Steel Pvt Ltd (J2ES). J2ES…
The national security review of Nippon Steel's USD 15 bln bid for U.S. Steel is ongoing, with President Joe Biden awaiting the Committee on Foreign Investment in the United States (CFIUS) recommendation, expected by…
The Indian Stainless Steel Development Association (ISSDA) has urged the Ministry of Steel to introduce a dedicated policy for the stainless steel industry. "We have requested an exclusive stainless steel policy because…
The Canada Border Services Agency (CBSA) has launched an investigation under the Special Import Measures Act, focusing on corrosion-resistant steel imports from the Turkish steel producer Borcelik. The investigation…
The U.S. Department of Commerce (DOC) has decided to impose provisional duties on oil country tubular goods (OCTG) from Argentina and Mexico following its preliminary findings. DOC determined that Argentine OCTG…
Conares, the UAE's second-largest private steel manufacturer, has obtained the AFCAB conformity certification from France for its rebar products, the company announced. "Achieving AFCAB conformity for our rebars enables…
India's steel ministry has proposed a 25pct safeguard duty on imports of certain steel items, according to local media reports. The proposal was discussed in a meeting between Union Steel Minister H.D. Kumaraswamy and…
U.S. President-elect Donald Trump has reiterated his opposition to Japanese steelmaker Nippon Steel's proposed acquisition of U.S. Steel, vowing to block the deal and strengthen the iconic American company through tax…
The Embassy of Japan in India has raised concerns over delays in Japanese steel consignments at Indian ports, with Customs officials holding up shipments due to the absence of a No Objection Certificate (NOC), as…
ArcelorMittal successfully bid to place Liberty Steel East Europe (Holdco) Ltd, a subsidiary of Sanjeev Gupta's GFG Alliance, into administration due to a USD 147.4 mln debt deemed unlikely to be repaid, according to…
Turkey has introduced the Turkiye Industrial Decarbonisation Investment Platform (TIDIP) in Ankara, a major initiative to advance its net-zero goals. Spearheaded by the European Bank for Reconstruction and Development…
ArcelorMittal, a major steel producer, has announced a pause on its steel decarbonization investments in Europe, citing unfavorable policy, energy, and market conditions. The company had planned to replace several blast…
Australia has launched an antidumping investigation into imports of hot-rolled steel (coils/sheets) from China, according to a notice from the Australian Anti-Dumping Commission. The investigation, requested by…
Hyundai Steel, South Korea's second-largest steel producer, plans to indefinitely suspend operations at its second plant in Pohang due to a construction slowdown and fierce price competition from Chinese steel imports…
Local and regional steel producers, including Emirates Steel, Union Iron & Steel, Qatar Steel FZE, and Oman's Jindal Shadeed, have recently obtained Emirates Conformity Assessment Scheme (ECAS) certification in line…
The Egyptian Ministry of Investment and Foreign Trade has initiated an anti-dumping investigation into imports of cold-rolled and coated steel products from Turkey and China. The investigation was launched in response…
UAE steel manufacturers have filed complaints with Indian customs regarding alleged illegal steel scrap imports from the UAE, citing falsified documentation and export fee evasion, as reported by Zee News. The companies…
China Iron & Steel Association (CISA) anticipates that China's steel demand in 2025 will likely remain stable compared to current levels, though risks remain due to mounting trade frictions and challenges in key…
The delay in implementing budgetary measures to modify the tax regime for steel producers sourcing local scrap from unregistered suppliers has cost the government over PKR 30 bln (USD 108 mln) since July. The measures…
Morocco's Ministry of Industry and Commerce has officially launched an anti-dumping investigation into imports of CR steel originating from Egypt, as announced in a public notice. The probe follows a complaint filed by…
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