Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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909 news items in Import / Export. Show all
Vietnam's Ministry of Industry and Trade has announced provisional anti-dumping duties of 19.83pct to 27.83pct on HRC imports from China following complaints from domestic producers. Baoshan Iron & Steel and Maanshan…
South Korea plans to impose provisional anti-dumping duties of up to 38pct on Chinese hot-rolled heavy plates starting next month. Following a Trade Commission meeting, the Ministry of Trade, Industry and Energy (MOTIE)…
The UK government has accepted the Trade Remedies Authority's (TRA) recommendation to extend anti-dumping duties on corrosion-resistant steel imports from China for another five years, the regulator announced. The…
Turkey's wire rod exports reached 919,900 tons in 2024, up 27pct YoY, according to the Turkish Statistical Institute (TUIK). Romania was the largest buyer, importing around 310,500 tons, followed by Bulgaria with 81,650…
Three Emirati steel firms have filed a petition with the Bombay High Court in India, alleging illegal imports of steel scrap from the UAE, according to Indian media reports. Shattaf Steel Ind Co LLC, Emirates Steel LLC…
Welspun Corp, an Indian pipe producer, has secured major orders in the US worth INR 3,000 crore (USD 345.5 mln) for natural gas pipeline projects, according to a stock exchange filing. The company has received orders…
Turkey's leading steel producer, Erdemir Group, reported a net profit of TRY 14.19 bln (USD 391.6 mln) in 2024, more than tripling from TRY 4.32 bln in 2023. Sales revenue also saw strong growth, rising to TRY 204 bln…
The Pakistan Collectorate of Customs (Appraisement) has authorized the import of iron scrap via the Bazarcha Terminal at the Pakistan-Iran border, according to Dawn News. A public notice issued by Kaleem Ullah, the…
Turkey's scrap import prices rose further this week, but the increase dampened buying interest from local steel mills due to weak demand for finished steel. Scrap prices were assessed at USD 350-360 per ton CFR, up from…
India's finished steel imports reached a record high in the first 10 months of the financial year that began in April, according to provisional government data reported by Reuters. Steel imports totaled 8.3 mln tons…
Turkey's HRC imports reached approximately 3.6 mln tons in 2024, down 12.5pct from the previous year, according to the Turkish Statistical Institute (TUIK). China remained Turkey's top HRC supplier, delivering about…
Turkey has lifted trade and transit restrictions at its border with Syria, the trade ministry announced, marking a step toward expanding trade following the fall of Syrian leader Bashar al-Assad. Goods exported…
The Indian government has mandated quality standards for stainless steel seamless pipes and tubes to curb substandard imports, promote domestic manufacturing, and ensure consumer safety. The order issued by the…
Turkey's rebar exports reached 3.43 mln tons in 2024, remaining largely stable compared to 3.39 mln tons in 2023, according to data from the Turkish Statistical Institute (TUIK). Yemen was the top importer of Turkish…
U.S. President Donald Trump has imposed a 25pct tariff on all steel and aluminum imports, eliminating previous exemptions and quota agreements, according to a White House statement. The proclamation increases the…
The global long steel products market faces significant pressure due to rising Chinese exports, which show no signs of slowing. The latest outlook from the International Rebar Producers and Exporters Association…
Turkey imported 20 mln tons of scrap in 2024, a 6.7pct YoY increase, according to the Turkish Statistical Institute (TUIK). The U.S. remained Turkey's top scrap supplier, delivering around 4.5 mln tons. The Netherlands…
Turkey's scrap import prices continued to rise this week as Turkish steel mills booked new cargoes at higher rates. Prices were assessed at USD 345-355 per ton CFR, up from USD 340-350 per ton CFR last week. The…
Turkish steel exports rose 27.6pct in 2024 from the previous year, reaching 13.4 mln tons, driven by strong demand from the European Union. Shipments to the EU surged 64.6pct YoY to 5.9 mln tons, according to the…
Malaysia has launched an anti-dumping investigation into galvanized steel imports from China, South Korea, and Vietnam. The probe follows a petition filed on January 7 by CSC Steel Sdn Bhd with the Ministry of…
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