Turkish steel producer, Ekinciler Demir Celik places exports at the core of its growth strategy, with Africa and the Middle East as key focus regions, according to the local media reports. The company has maintained…
A new UK-US trade agreement will see tariffs on British steel exports to the United States reduced to zero, easing a key barrier for the UK steel industry. As part of the deal, tariffs on UK-made cars exported to the US…
Turkey exported 1.05 mln tons of rebar in the first quarter of 2025, marking a nearly 35pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Yemen was the leading importer during this…
Turkey imported 4.7 mln tons of scrap in the first quarter of 2025, down 11.7pct YoY, according to data from the Turkish Statistical Institute (TUIK). The Netherlands was the top supplier during this period, exporting…
According to the Turkish Steel Producers' Association (TCUD), Turkey's steel exports rose by 18.5pct YoY in Q1 2025, reaching 3.8 mln tons. Export value also saw a modest increase of 8.4pct, totaling USD 2.6 bln. In…
Mobarakeh Steel Group, the Middle East's largest steel producer, has urged the Indian government to grant market access to Iranian companies, particularly for the export of semi-finished steel products, according to an…
Baoshan Iron & Steel Co. (Baosteel), China's largest listed steelmaker, reported a 26.4pct YoY increase in net profit for the first quarter of 2025, reaching 2.434 bln yuan (USD 333 mln), up from 1.926 bln yuan in the…
India is encouraging companies to acquire iron ore, coking coal, and other key raw material assets overseas to support its expanding steel sector, Steel Secretary Sandeep Poundrik said, according to Reuters. "We are…
The South Korean Ministry of Economy and Finance has imposed provisional anti-dumping duties on hot-rolled plate imports from China. The duties, ranging from 27.91pct to 38.02pct, apply to China-origin hot-rolled carbon…
Pakistan's scrap imports reached 280,635 tons in March 2025, marking a YoY increase of 10.82pct, according to data from the Pakistan Bureau of Statistics (PBS). On a month-on-month basis, imports were up 17.9pct…
Pakistan imported 328,497 tons of finished steel in March 2025, a 27.25pct increase YoY from 258,141 tons in March 2024, according to the Pakistan Bureau of Statistics (PBS). However, imports edged down slightly by…
India's steel imports rose sharply in FY25, ended March 31, 2025, while exports saw a significant decline, according to data from the Ministry of Steel. Total steel imports reached 9.5 mln tons, marking a 14.6pct YoY…
India aims to produce 300 mln tons of steel by 2030 and position itself as a global export hub, Prime Minister Narendra Modi said at the India Steel 2025 event in Mumbai. To meet rising global demand, he emphasized the…
In March 2025, the U.S. imported a total of 2.495 mln tons of steel, including 1.819 mln tons of finished steel, representing increases of 11.4pct and 11.9pct, respectively, compared to the previous month, according to…
Turkey exported approximately 246,000 tons of welded steel pipes in the first two months of 2025, marking an 8pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). Iraq was the largest…
Turkey imported approximately 212,000 tons of pig iron in the first two months of 2025, marking a 26pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). Russia remained the top supplier…
Turkey-based wire producer Ozyasar Tel ve Galvanizleme San. A.S. has announced the receipt of new export orders totaling more than EUR 2.8 mln (USD 3.2 mln), including significant contributions from its subsidiaries…
Turkey's Borcelik, a leading flat steel producer, is facing provisional anti-dumping duties of 22.9pct on its corrosion-resistant steel exports to Canada, following a preliminary determination by the Canada Border…
India has imposed a 12pct safeguard tariff on certain flat steel imports in a bid to curb a surge in shipments and protect domestic producers, according to a Ministry of Finance notification. The duty, effective…
Turkish scrap import prices continued to decline this week, pressured by weak demand for finished steel. Prices were assessed at USD 345-350 per ton CFR, down from USD 365-370 per ton the previous week. The decline is…