Turkey imported approximately 3.59 mln tons of slab in the first 11 months of 2024, marking a 40.4pct increase compared to the same period last year, according to the Turkish Statistical Institute (TUIK). Russia was the…
Turkey imported 3.26 mln tons of billets from January to November 2024, marking a 12pct YoY increase, according to the Turkish Statistical Institute (TUIK). Russia was the top supplier during this period, providing…
Pakistan's federal government is likely to extend the 5pct and 10pct regulatory duties on flat steel products until March 31, 2025, to protect the local steel industry, according to sources close to the Secretary of…
Turkey's HRC imports totaled approximately 3.3 mln tons in the first 11 months of 2024, marking a 16pct decrease compared to the same period last year, according to the Turkish Statistical Institute (TUIK). In Jan-Nov…
China's steel exports reached a nine-year high in 2024, totaling 110.7 mln tons, up 22.7pct from 2023, according to data from the General Administration of Customs. This marks the highest level since 2015, when exports…
Chinas iron ore imports reached a record high in 2024 for the second consecutive year, according to customs data. The country imported approximately 1.24 bln tons last year, marking a 4.9pct increase from the 1.18 bln…
Malaysia's Ministry of Investment, Trade, and Industry (MITI) has imposed provisional anti-dumping duties on tinplate imports from China, India, Japan, and South Korea. The investigation was prompted by a petition from…
Turkey's scrap imports totaled 18.18 mln tons, a 6.2 pct increase YoY in the first eleven months of 2024, according to the Turkish Statistical Institute (TUIK). In Jan-Nov 2024, Turkey imported 4.2 mln tons from the US…
Turkey's wire rod exports reached 792,635 tons in Jan-Nov 2024, marking a 29.5pct increase YoY, according to data from the Turkish Statistical Institute (TUIK). During this period, Romania was the top destination for…
Turkey exported around 3.1 mln tons of rebar in the first eleven months of 2024, a slight decrease of 0.5pct compared to the same period last year, according to the Turkish Statistical Institute (TUIK). During…
Turkey's crude steel production increased by 11.2pct YoY (YoY) to 33.9 mln tons in the first 11 months of 2024, according to the Turkish Steel Producers' Association (TCUD). In November alone, production grew marginally…
The Indian government announced that 151 steel standards developed by the Bureau of Indian Standards (BIS) have been incorporated into the Quality Control Order (QCO). Efforts are ongoing to create standards for all…
The Misrata-based Libyan Iron and Steel Company (LISCO) has announced the shipment of 26,300 tons of Hot Briquetted Iron (HBI) to Italy. The consignment is being loaded at LISCO's port onto the vessel Sabeel Star, bound…
In November, Vietnam's HRC exports continued to struggle, forcing companies to shift focus to the domestic market to boost consumption. According to the Vietnam Steel Association (VSA), HRC exports declined by over…
Turkey's iron ore imports reached approximately 8.8 mln tons in the first ten months of 2024, marking a 22pct increase compared to the same period last year, according to the Turkish Statistical Institute (TUIK). Brazil…
Scrap import prices remained steady this week, assessed at USD 345-350 per ton CFR, as holiday-related slowdowns dampened buying activity. The Christmas and New Year holidays kept scrap trading quiet, with limited…
The Suez Canal Economic Zone (SCZONE) and Suez Steel Company have signed a preliminary agreement to develop and operate dry bulk handling facilities at Adabiya Port. Under the deal, SCZONE will grant Suez Steel a…
Turkey imported around 1.1 mln tons of pig iron in the first ten months of 2024, reflecting a 6.6pct decline compared to the same period in 2023, according to data from the Turkish Statistical Institute (TUIK). Russia…
India remained a net importer of finished steel during the April to November period, with imports rising 26.6pct YoY to 6.5 mln tons, while exports declined by 23.6pct to 3.154 mln tons. China dominated India's steel…
Turkey's Ministry of Commerce has initiated an antidumping investigation into imports of cold-rolled, galvanized, and painted coils from China and South Korea, according to an announcement published in the Turkish…