DP World and the Saudi Ports Authority (Mawani) have inaugurated the South Container Terminal at Jeddah Islamic Port, marking a key milestone in DP World's USD 800 mln expansion program aimed at strengthening Saudi…
India's steel imports fell sharply in February to 0.6 mln tons, marking a 40pct decline sequentially and 29pct drop month-on-month. The decline was driven by concerns over an ongoing DGTR probe, which has raised…
Turkey's scrap import prices continued to rise this week, reaching USD 365-375 per ton CFR, up from USD 360-365 per ton CFR last week. The upward trend is driven by higher collection costs and strong market sentiment in…
China's steel exports rose 6.7pct YoY in the first two months of 2025, reaching 16.97 mln tons, according to the General Administration of Customs. Despite strong export figures, the outlook for Chinese steel remains…
Turkey's Steel Exporters' Association (CIB) recently organized a trade delegation to Kosovo to enhance trade relations between the two countries. The meetings brought together representatives from 28 Turkish companies…
Egypt's El-Marakby Steel aims to increase its rebar exports by at least 10pct in 2025, targeting 140,000 tons compared to 120,000 tons worth USD 80 mln last year, according to the local media reports. CEO Eng. Hassan…
The European Commission is set to release an action plan addressing unfair trade measures affecting the steel sector and reassess import limits introduced during the Trump-era steel trade dispute, which are scheduled to…
Turkey's steel exports surged in January 2025, rising 23pct YoY to 1.1 mln tons, with export value increasing 14.6pct to USD 763.4 mln, according to the Turkish Steel Producers' Association (TCUD). The growth was driven…
Iron ore futures remained under pressure on Tuesday, marking their seventh consecutive session of decline. The drop was driven by ongoing U.S.-China trade tensions and steel production curbs in China. U.S. President…
India's finished steel imports from China, South Korea, and Japan reached a record high in the first 10 months of the financial year, according to provisional government data cited by Reuters. Imports from South Korea…
Iron ore futures fell on Friday, weighed down by concerns over U.S. tariffs and escalating trade frictions affecting Chinese steel exports. U.S. President Donald Trump announced plans to impose a new 10pct tariff on all…
The Libyan Iron and Steel Company (LISCO) announced two export shipments to Turkey and Morocco. The vessel Gemini Capo is currently being loaded with 10,000 tons of Hot Briquetted Iron (HBI) bound for Turkey, while the…
Iron ore futures fell on Thursday as a deteriorating outlook for Chinese steel exports fueled demand concerns. Key markets for Chinese steel, including Vietnam and South Korea, recently announced anti-dumping measures…
Dongkuk CM, a subsidiary of Dongkuk Steel Group, plans to file an anti-dumping complaint against Chinese-origin color-coated and galvanized steel imports used in the construction sector. The move, in collaboration with…
The Pakistan Federal Board of Revenue (FBR) has withdrawn the Export Facilitation Scheme (EFS) 2021 for iron and steel scrap importers to prevent misuse and strengthen tax enforcement. Under the revised regulations…
The UK's Trade Remedies Authority (TRA) has proposed extending anti-dumping and countervailing measures on organic coated steel imports from China until May 2029. In its preliminary findings, the regulator determined…
Turkish pipe manufacturer Erciyas Celik Boru, along with its business partner, has received a new pipe order from Morocco, the company announced in a stock exchange filing. Valued at USD 76.3 mln, the order is for the…
Turkey's scrap import prices remained stable this week at USD 350-360 per ton CFR, despite weak steel demand, as restocking by Turkish steel producers provided support. Limited scrap collection during the winter also…
In January 2025, Pakistan's scrap imports saw a slight decline, falling by 4.99pct compared to the same month last year, according to data from the Pakistan Bureau of Statistics. The country imported a total of 213,818…
Pakistan's finished steel imports recorded a significant increase in January 2025, according to data from the Pakistan Bureau of Statistics (PBS). The country imported a total of 334,190 tons of finished steel during…