China's steel exports rose by 14.7pct YoY to 9.5 mln tons in August 2024, according to the General Administration of Customs. This represents a 21pct increase from the previous month. In the first eight months of 2024…
Turkey imported 11.6 mln tons of scrap in the first seven months of 2024, a slight increase of 0.5pct compared to the same period last year, according to the Turkish Statistical Institute (TUIK). The US was Turkey's…
Turkey's scrap import prices rose this week as mills booked cargoes at higher rates, though a sharp decline in Chinese prices dampened market sentiment toward the end of the week, potentially limiting further price…
Steel Dynamics, Inc. has petitioned the Department of Commerce (DOC) and the U.S. International Trade Commission (ITC) to impose antidumping duties on imports of corrosion-resistant flat-rolled steel (CORE) from…
Pakistan's National Tariff Commission (NTC) has launched an investigation into the alleged circumvention of antidumping duties on Chinese galvanized coils and sheets imports. The investigation was launched following an…
India's Union Steel Minister, H D Kumaraswamy, announced plans to advocate for an increase in steel import duties to counter the dumping of cheap Chinese steel. Speaking at the Fifth Steel Conclave organized by the…
Hydnum Steel, Spain's first green steel plant, has signed a Memorandum of Understanding (MoU) with Euroports, a leading European port and logistics operator, to develop integrated logistics solutions for optimizing the…
Turkey's crude steel production increased by nearly 15pct YoY, reaching 21.7 mln tons in the first seven months of 2024, according to the Turkish Steel Producers' Association (TCUD). In July 2024, crude steel production…
In July 2024, Pakistan's scrap imports rose by 15.6pct YoY, as reported by the Pakistan Bureau of Statistics. The country imported 210,786 tons of scrap that month, compared to 182,340 tons in July 2023. For the first…
In July 2024, Pakistan's finished steel imports increased by 19.5pct YoY, according to the Pakistan Bureau of Statistics. The country imported 240,779 tons of finished steel that month, up from 201,457 tons in July…
Nippon Steel and other Japanese steelmakers are urging Tokyo to curb cheap steel imports from China to protect the domestic market, according to Nippon Steel Vice Chairman Takahiro Mori, as reported by Reuters. China's…
India became a net importer of steel during the April-July period, as a surge in Chinese steel imports intensified pressure on the domestic market and exports, according to a report by the Steel Ministry. Finished steel…
Canada will impose a 25pct tariff on Chinese steel and aluminum imports starting October 15, Prime Minister Justin Trudeau announced. China is the third-largest source of steel imports into Canada, according to the…
Turkey exported 1.04 mln tons of welded steel pipes in the first half of the year, marking a 12.3pct increase from the previous year, according to the Turkish Statistical Institute (TUIK). Romania was the largest…
Brazil's Secretariat of Foreign Trade (Secex) has officially launched an anti-dumping investigation into cold rolled flat steel imports from China, according to a recent notification. The investigation, initiated…
Turkey's HRC exports reached approximately 1.1 mln tons in the first half of this year, marking a 120pct increase YoY, according to the Turkish Statistical Institute (TUIK). Italy was the largest destination for Turkish…
India remained a net importer of steel in the first four months of the current fiscal year, which began in April, with China being its largest supplier, according to provisional government data reported by Reuters…
Turkey imported nearly 10 mln tons of scrap in the first half of 2024, marking a 3.6pct increase compared to the same period last year, according to the Turkish Statistical Institute (TUIK). Turkey's scrap imports from…
The European Carbon Border Adjustment Mechanism (CBAM) tax on steel imports and the increasing need for industry decarbonization have led India to reassess its seven-year-old National Steel Policy (NSP), according to…
Turkey's leading steel producer, Erdemir Group reported a net profit of TRY 10.389 bln (USD 308 mln) for H1 2024, reversing a loss of TRY 3.99 bln in the same period last year. The company's sales revenue surged by…