Turkey's Ministry of Commerce has extended anti-dumping duties on imports of stainless steel tubes and hollow sections from China and Taiwan, following a review to assess the need for continuing the measures. The…
ArcelorMittal Europe has officially withdrawn from its planned DRI and EAF investments at its Bremen and Eisenhuttenstadt sites, citing unfavorable market, energy, and policy conditions. Despite a EUR 1.3 bln (USD 1.49…
Turkey imported 286,200 tons of CRC in the first four months of 2025, up 32pct YoY, according to data from the Turkish Statistical Institute (TUIK). South Korea was the leading supplier with 95,000 tons, followed by…
DP World Egypt has received the country's largest-ever iron ore shipment at its Ain Sokhna Port, underlining the port's growing capacity to handle diverse vessel types and support Egypt's trade, energy, and tourism…
Turkey imported 1.1 mln tons of billets between January and April 2025, reflecting a 9pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Malaysia emerged as the leading supplier during…
A new regulation by India's Ministry of Steel could severely disrupt supply chains and impose heavy compliance costs on micro, small, and medium enterprises (MSMEs), according to the Global Trade Research Initiative…
Turkey imported 1.07 mln tons of HRC during the first four months of 2025, marking a 28pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). China remained…
The Pakistan Steel Melters Association (PSMA) has expressed deep concern over the 2025-26 Budget and Finance Bill, warning that the proposed reduction of customs and regulatory duties on steel billets to 5pct threatens…
Turkey's scrap import prices fell this week, pressured by sluggish steel demand following the Eid holidays. Current scrap import offers are in the range of USD 335-340 per ton CFR, marking a decrease of USD 5-10 per ton…
Turkey imported approximately 1.1 mln tons of billets between January and April 2025, reflecting an increase of nearly 9pct, according to data from the Turkish Statistical Institute (TUIK). Malaysia emerged as the…
Iran exported 105,000 tons of sponge iron, or DRI, worth USD 25 mln during the first month of the current fiscal year (March 21-April 21, 2025), marking a 33pct increase in volume and a 22pct rise in value, both on YoY…
Turkey imported approximately 6.6 mln tons of scrap in the first four months of 2025, marking a nearly 4pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). The Netherlands was Turkey's top…
The International Rebar Producers and Exporters Association (Irepas) reports that the global long steel market is structurally oversupplied and overcrowded, with cutthroat competition and razor-thin margins. In the…
Turkey exported approximately 336,400 tons of wire rod in the first four months of 2025, marking a 13.5pct YoY decrease, according to data from the Turkish Statistical Institute (TUIK). Romania emerged as the top…
Pakistan imported 292,630 tons of scrap in April 2025, reflecting a significant YoY increase of nearly 59pct, according to data from the Pakistan Bureau of Statistics (PBS). On a month-over-month basis, scrap imports…
Pakistan imported 414,209 tons of finished steel in April 2025, a sharp 76pct increase from 235,339 tons in April 2024, according to the Pakistan Bureau of Statistics (PBS). Compared to March 2025, Pakistan's finished…
Turkey exported approximately 1.38 mln tons of rebar between January and April 2025, marking a 27pct increase YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen emerged as the leading…
China's steel exports rose nearly 9pct YoY in the first five months of 2025, reaching 48.47 mln tons, according to the General Administration of Customs. In May alone, exports grew 9.9pct YoY to 10.58 mln tons, also…
UAE-based steel producers say they do not expect a significant impact from the latest U.S. move to double tariffs on steel imports. Effective June 4, the U.S. has raised tariffs on steel and aluminum imports from 25pct…
According to the Turkish Steel Producers' Association (TCUD), Turkey's steel exports rose by 17.3pct YoY in the first four months of 2025, reaching 5 mln tons. Export value also increased by 7.6pct to USD 3.6 bln. In…