Pakistan's National Tariff Commission (NTC) has launched an investigation into alleged circumvention of anti-dumping duties on cold rolled (CR) steel imports from China. The inquiry follows concerns that Chinese…
Turkey's scrap import prices remained unchanged this week, as suppliers resisted lower bids from domestic steel mills despite sluggish demand for finished steel. Current import offers are assessed in the range of USD…
The Brazilian government has extended its steel import quota system for another year to safeguard the domestic industry from unfair competition. The system, introduced by the Foreign Trade Chamber (Camex) in 2023, sets…
Turkey imported approximately 447,000 tons of pig iron in the first quarter of 2025, marking a 1.4pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK)…
The Pakistani steel industry has urged the government to avoid reducing tariffs on finished and semi-finished steel products, warning that such a move could lead to widespread closures of local steel units, massive job…
Algerian Qatari Steel (AQS) has achieved a major milestone with the European certification for its B500B rebar, in compliance with the technical requirements of the Kingdom of the Netherlands. The certification was…
The global steel sector is expected to face ongoing challenges through 2025 and beyond, according to the OECD. Despite projected capacity growth of 6.7pct between 2025 and 2027, the OECD warns that capacity utilization…
Turkey's scrap import market increased this week, as suppliers pushed for increased prices despite resistance from Turkish mills. Current scrap import offers are assessed at USD 340-350 per ton CFR, compared with USD…
India's finished steel imports fell 11.3pct YoY to 0.5 mln tons in April, driven by a sharp decline in shipments from China and Japan, according to provisional government data reported by Reuters. The drop follows…
The South Korean government has decided not to extend anti-dumping duties on stainless flat-rolled steel imports from China, Indonesia, and Taiwan, opting instead for a price commitment mechanism to address concerns…
Turkey's CRC imports reached 214,000 tons in the first quarter of 2025, representing a 37pct increase compared to the same period in 2024, according to data from the Turkish Statistical Institute (TUIK). South Korea…
Turkey imported approximately 2 mln tons of iron ore in the first quarter of 2025, marking a 17pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). Brazil…
Britain's Trade Remedies Authority (TRA) has recommended imposing country-specific caps on certain steel imports to safeguard the domestic steel industry. The proposed caps would take effect from 1 October 2025, giving…
Egypt is considering imposing anti-dumping duties on hot-rolled steel imports amid rising pressure on local producers, who are struggling to compete with cheaper, lower-quality foreign steel. The move follows a decline…
Malaysia will implement five-year anti-dumping duties on flat-rolled iron, non-alloy steel, and tinplate imports from China, India, Japan, and South Korea starting May 11, 2025. The move follows an investigation into…
Turkey's leading steel producer, Erdemir Group, reported a significant drop in net profit for the first quarter of 2025, according to its latest financial results. In Q1 2025, the company posted a net profit of TRY…
QS Maritime, operator of Oman's Shinas Port, will begin development work by year-end, with investments exceeding USD 199 mln. The project is expected to take 5-7 years to complete. CEO Eng. Abdul Baqi al Kindi told the…
China's steel exports rose 8.2pct YoY in the first four months of 2025, reaching 37.89 mln tons, according to data from the General Administration of Customs. In April alone, exports grew 13.5pct compared to the same…
Turkey's wire rod exports declined in the first quarter of 2025, according to data from the Turkish Statistical Institute (TUIK). Total exports reached approximately 288,600 tons in Q1, marking a 17pct YoY decrease…
Turkish steel producer Kocaer Celik announced that it secured steel profile orders worth USD 55 mln in April 2025. According to the company's stock exchange filing, the orders primarily consist of value-added steel…