Korea's steel exports to the United States slumped 26pct in July, following Washington's decision to double tariffs on steel and aluminum imports to 50pct, according to the Korea International Trade Association (KITA)…
Eurometal, the European federation for steel, tube, and metals distribution, said the European Commission has dismissed rumours of any delay to the Carbon Border Adjustment Mechanism (CBAM). In an official response to…
Turkey's scrap import prices held steady this week at USD 345-347 per ton CFR, as local steel mills remained cautious with purchases amid sluggish finished steel sales. Scrap suppliers resisted cutting prices, pointing…
South Africa's International Trade Administration Commission (ITAC) has proposed new import duties of up to 30pct on steel products in a bid to protect the domestic sector from rising import pressure. The proposal…
Turkey imported 1.4 mln tons of pig iron in the first half of 2025, up 51pct YoY, according to data from the Turkish Statistical Institute (TUIK). Russia was the largest supplier with 860,000 tons, followed by…
Turkey imported 495,600 tons of CRC in the first half of 2025, up 33pct YoY, according to Turkish Statistical Institute (TUIK) data. South Korea was the largest supplier with 159,600 tons, followed by Russia at 137,000…
Japan's steel associations have called on the government to introduce import trade measures to protect domestic producers from a surge in steel exports driven by China's excess production capacity, the Japan Iron &…
The U.S. Commerce Department has expanded the scope of its 50pct tariffs on steel and aluminum imports to cover hundreds of derivative products, effective August 18, according to a notice in the Federal Register. The…
Turkey's scrap import prices remained stable this week at USD 345-347 per ton CFR, as buying activity slowed on the back of weak finished steel demand. Many Turkish steel mills, focusing on selling finished steel…
Bahrain's Universal Rolling (Unirol) has urged authorities to shield local steelmakers from dumping, warning that the country's open trade policy risks turning it into a market for surplus foreign steel. Operations…
India's Directorate General of Trade Remedies (DGTR) has recommended imposing an anti-dumping duty of USD 121.55 per ton on HR steel imports from Vietnam, according to its final findings. Vietnam's Hoa Phat Group would…
India's Ministry of Steel has eased steel import procedures by exempting 202 Bureau of Indian Standards (BIS) licenses from mandatory compliance requirements on the Steel Import Monitoring System (SIMS) portal…
Turkey exported about 1.6 mln tons of HRC in the first half of 2025, up 43pct YoY, according to data from the Turkish Statistical Institute (TUIK). Italy was the top buyer, importing 455,300 tons, followed by Spain with…
Japan's Ministry of Economy, Trade and Industry (METI) and Ministry of Finance (MOF) have launched an anti-dumping investigation into hot-dipped galvanized steel coil, sheet, and strip imports from China and South…
Turkey imported 1.87 mln tons of HRC in the first half of 2025, down more than 8pct YoY, according to data from the Turkish Statistical Institute (TUIK). China was the leading supplier, shipping 709,500 tons, followed…
Iran's iron and steel exports rose 13pct YoY in the first four months of the current Iranian year (starting March 21), adding 469,000 tons, according to the Iranian Steel Producers Association (ISPA). The export value…
Australia-based iron ore miner Fortescue has secured a 14.2 bln yuan (USD 1.97 bln) syndicated term loan in Chinese currency to fund its decarbonization initiatives and for general corporate purposes. Executive Chairman…
China's steel exports surged 11.4pct YoY in the first seven months of 2025, reaching 67.9 mln tons, according to the General Administration of Customs. In July alone, exports rose 25.6pct YoY to 9.83 mln tons and were…
Turkey exported approximately 2 mln tons of rebar in the first half of 2025, marking a 28pct year-on-year increase, according to data from the Turkish Statistical Institute (TUIK). Yemen emerged as the top destination…
Turkey imported approximately 9.4 mln tons of scrap in the first half of 2025, down by nearly 9pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States was the top supplier, delivering…