The European Commission (EC) has strengthened steel safeguard measures to protect EU steel producers from surging imports, reducing the liberalization rate from 1pct to 0.1pct, which significantly limits the volume of…
The Gulf Cooperation Council (GCC) has announced the imposition of anti-dumping duties on imports of aluminum alloy flat products from China. According to the GCC's Bureau of Technical Secretariat for Anti-Injurious…
Egypt's steel exports fell 4pct YoY in 2024 to USD 2.3 bln, according to the Export Council for Building Materials. The decline is driven by rising trade barriers, including a 25pct U.S. tariff on steel imports and a…
Turkey's HRC imports reached approximately 425,600 tons in January 2025, marking a 2pct increase compared to the same month last year, according to the Turkish Statistical Institute (TUIK). The HRC imports into Turkey…
Iron ore futures continued to decline on Thursday amid persistent concerns over demand, though strong domestic steel consumption helped limit losses. The outlook for iron ore was further pressured by rising…
The European Commission has announced a comprehensive action plan to support and expand industrial capacities in the steel and metals sectors, aiming to counter market distortions such as global overcapacity and…
Pakistan's scrap imports fell by 6.74pct YoY in February 2025, totaling 238,043 tons, according to the Pakistan Bureau of Statistics (PBS). However, on a monthly basis, imports rose by 11.33pct compared to January 2025…
Pakistan's finished steel imports saw a sharp increase in February 2025, reaching 326,859 tons, a 70.7pct YoY rise from 191,481 tons in February 2024, according to the Pakistan Bureau of Statistics (PBS). On a monthly…
India's trade regulator has proposed a 12pct safeguard duty on flat steel products for 200 days to curb rising imports, according to a government notice. The Directorate General of Trade Remedies (DGTR), under the…
Taiwan's Customs Administration has extended anti-dumping duties on cold-rolled stainless steel from China and South Korea for another five years. The tariffs, set at 38.11pct for Chinese imports and 37.65pct for South…
The European Commission (EC) has released its preliminary findings on the anti-dumping investigation into hot-rolled flat steel imports from Egypt, India, Japan, and Vietnam. As a result, the EC has proposed provisional…
Turkey's rebar exports soared to 415,600 tons in the latest reporting period, marking a significant increase of over 55pct YoY, according to data from the Turkish Statistical Institute (TUIK). Month-on-month, exports…
The European Commission is considering export duties of up to 25pct on scrap metal to support the domestic industry amid concerns over trade disruptions from U.S. tariffs, according to a draft EU plan seen by Reuters…
The global long steel market is facing unprecedented protectionist measures, with governments worldwide imposing tariffs and trade barriers, according to the latest outlook from the International Rebar Producers and…
Turkey's scrap import prices continued to rise this week, reaching USD 370-380 per ton CFR, up from USD 365-375 per ton CFR last week. The price increase is driven by higher collection costs, a stronger Euro against the…
Turkey's scrap imports fell 20pct in January 2025 YoY, according to data from the Turkish Statistical Institute (TUIK). The country imported 1.5 mln tons during the period, down from 1.8 mln tons in the same month last…
Morocco's Ministry of Industry and Commerce has initiated an anti-dumping investigation into galvanized wire imports from Egypt and the United Arab Emirates, as announced in a public notice. The probe follows a…
Pakistan's Aisha Steel Limited reported losses in the first half of fiscal year 2025, ending December 31, 2024, according to a stock exchange disclosure. The company posted a net loss of PKR 1.7 bln (USD 6 mln), a sharp…
Turkey's billet imports surged in January 2025, more than doubling YoY to approximately 390,900 tons, according to data from the Turkish Statistical Institute (TUIK). Malaysia emerged as the largest supplier, delivering…
U.S. President Donald Trump has officially raised tariffs on all steel and aluminum imports to 25pct, ending country exemptions and phasing out product exclusions. The move, which expands the original 2018 tariffs, has…