Oman has signed a Joint Development Agreement (JDA) to establish the world's first commercial-scale liquid hydrogen corridor, linking the Port of Duqm with key European hubs in the Netherlands and Germany. The agreement…
The Pakistan Association of Large Steel Producers (PALSP) has strongly opposed the Federal Board of Revenue's (FBR) draft SRO 592(1)/2025, which seeks to reinstate the Export Facilitation Scheme (EFS) for the iron and…
Turkey imported approximately 703,000 tons of slab in the first two months of 2025, marking a 20pct increase compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). In…
Turkey imported 652,000 tons of HRC in the first two months of 2025, reflecting a 2.3pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). China remained the…
India's iron ore exports to China dropped nearly 50pct in FY25 to 24.14 mln tons, down from 45.36 mln tons the previous year, as slowing economic activity and steel oversupply in China dampened demand. China accounted…
The UAE and the EU have agreed to begin negotiations on a potential trade deal, announced UAE President Sheikh Mohamed bin Zayed Al Nahyan. In a separate statement, the EU confirmed that European Commission President…
China's steel exports rose 6.3pct YoY in the first quarter of 2025, reaching 27.42 mln tons, according to data from the General Administration of Customs. In March alone, exports grew 5.76pct YoY to 10.46 mln tons…
Turkey's wire rod exports saw a steep decline in the first two months of 2025, according to data from the Turkish Statistical Institute (TUIK). Between January and February, exports totaled approximately 102,000 tons…
Turkey exported approximately 386,000 tons of HRC in the first two months of 2025, marking a 40pct increase compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). Italy…
India's steel imports surged in FY25 (ended March 2025), while exports remained subdued, according to data from the Ministry of Steel. Steel imports rose 14.6pct YoY to 9.5 mln tons, whereas exports fell by 35pct to 4.9…
Turkey exported 768,200 tons of rebar in the first two months of 2024, up 36pct YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen was the top importer during this period, receiving 228,300…
Turkey imported 3 mln tons of scrap in the first two months of 2025, marking a YoY decline of nearly 13pct, according to data from the Turkish Statistical Institute (TUIK). The Netherlands emerged as the leading…
Vietnam's Ministry of Industry and Trade has announced provisional anti-dumping duties on coated steel imports from China and South Korea, following an investigation into the impact of these imports on domestic…
Turkey's HRC exports rose nearly 11pct YoY in January 2025, reaching approximately 124,000 tons, according to the Turkish Statistical Institute (TUIK). Greece was the top importer, receiving 24,000 tons, followed by…
U.S. President Donald Trump has announced a 10pct minimum import tariff on most goods entering the country, raising concerns about a potential global trade war. The new tariffs will take effect on April 5, 2025. In…
Turkey's steel exports rose by nearly 12pct YoY in the first two months of 2025, reaching 2.3 mln tons. The export value also saw a modest increase of 2.8pct, totaling USD 1.5 bln, according to the Turkish Steel…
Chinese authorities have introduced new export tax regulations aimed at optimizing export services and improving tax compliance. These changes will particularly impact steel exports from Chinese traders who were…
Turkey's scrap import prices held steady this week at USD 380 per ton CFR, as upcoming Eid holidays and ongoing political uncertainty kept Turkish steel mills on the sidelines. The political unrest from last week…
Emirates Steel, a subsidiary of the EMSTEEL Group and one of the UAE's leading steel producers, reported strong growth in its finished steel segment in 2024, according to its annual report. While crude steel production…
U.S. steel imports declined sharply in February 2025, according to preliminary data from the U.S. Census Bureau reported by the American Iron and Steel Institute (AISI). Total steel imports fell to 2.2 mln tons…