Indian Finance Minister Nirmala Sitharaman has proposed eliminating the import duty on ferro-nickel, a key raw material for stainless steel production, and extending the duty exemption on ferrous scrap imports. "To…
China's Ministry of Commerce announced that it will conduct a one-year sunset review investigation of the anti-dumping measures on imports of stainless steel billet and hot-rolled stainless steel from the EU, the UK…
Vietnam's Ministry of Industry and Trade has launched an anti-dumping investigation into HRC imports from China and India following complaints from the domestic industry, according to local media reports. In June 2024…
The supply of Cold Rolled Grain Oriented (CRGO) steel, essential for transformer manufacturing, has been severely disrupted, impacting India's power sector expansion plans, according to a report by local media platform…
China has not approved any coal-based steelmaking projects in the first half of this year, marking a first since the announcement of its significant climate neutrality goals in 2020, according to a Bloomberg report…
The U.S. has announced the implementation of a North American 'melted and poured' standard for steel products shipped from Mexico, exempting them from Section 232 tariffs. According to a statement from the White House…
The Pakistani government has increased duties on a range of imported products, including several steel items, to reduce financial losses as the country seeks to secure a loan agreement of over USD 6 bln with the…
Vallourec, a global leader in premium tubular solutions, has secured approvals from Brazil's state environmental authority (COPAM) and federal mining regulator (ANM) to proceed with the first phase extension of its Pau…
Turkey has extended its temporary safeguard measures on wire rod imports for another three years, as announced in the official gazette. From June 15, 2024, to January 6, 2025, wire rod imports will incur a safeguard…
ArcelorMittal South Africa has decided not to shut down its long steel operations in the KwaZulu-Natal province and is working on a plan to make the operations viable. In January, ArcelorMittal South Africa postponed…
The Indian commerce ministry's investigation arm, the Directorate General of Trade Remedies (DGTR), has recommended continuing countervailing or anti-subsidy duties on welded stainless steel pipes and tubes from China…
Germany's antitrust regulator has approved the sale of a minority stake in Thyssenkrupp's steel business to Czech tycoon Daniel Kretinsky's EP Corporate Group. According to a spokesman for the German company, the…
Stainless steel maker Jindal Stainless Ltd (JSL) has sought the government's intervention to check increasing imports of steel products from a select group of countries including China. Select few countries including…
Turkish exports of coated coil in widths of 600 mm and above in the first five months of 2023 fell 50pct YoY to 342,500 tons, hit by antidumping duties imposed by the European Commission and low demand in most main…
India and the United Arab Emirates (UAE) have entered into agreements aimed at enhancing trade settlement in national currencies and establishing a real-time link for cross-border transactions. The move is expected to…
The Egyptian Ministry of Trade and Industry has announced that it will maintain tariffs on steel rebar imports from China, Turkey, and Ukraine for a period of five years. The antidumping duties on rebar imports from…
The Pakistan Association of Large Steel Producers (PALSP) have voiced strong criticism against the existing dual tax system in the country, raising concerns about the preferential treatment and unfair advantages enjoyed…
Shanghai steel futures continued their upward trend on Tuesday, driven by ongoing production restrictions in Tangshan, China's leading steelmaking city. Tangshan has instructed steel mills to limit their steel and…
The Dalian iron ore futures experienced a decrease on Monday as reports emerged regarding Tangshan ordered steel mills to reduce production in order to combat air pollution According to the reports, Tangshan, a major…
The UK government has announced its decision to maintain the anti-dumping measure on heavy plate steel imports from China, as recommended by the Trade Remedies Authority (TRA). This measure will remain in place for an…