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
In June 2024, Pakistan's scrap imports fell by 6.65pct YoY, according to the Pakistan Bureau of Statistics. The country imported 216,809 tons of scrap that month, down from 232,245 tons in June 2023. This marks the…
In June 2024, Pakistan's finished steel imports rose by 20.3pct YoY, as reported by the Pakistan Bureau of Statistics. The country imported 260,358 tons of finished steel that month, up from 216,409 tons in June 2023…
The UAE and Chile have signed a Comprehensive Economic Partnership Agreement (CEPA) to enhance non-oil bilateral trade by removing trade barriers and simplifying customs procedures. The CEPA aims to increase non-oil…
India's Jindal Saw reported strong net profit growth for the quarter ending June 30, 2024. Net profit surged 70.5pct YoY to INR 416.4 crore (USD 49.7 mln), while revenue grew 12.1pct YoY to INR 4,984.8 crore (USD 595…
Canada has extended the preliminary phase of its antidumping duty investigation into rebar imports from the United Arab Emirates, Bulgaria, and Thailand. Originally expected to conclude by May 3, the investigation now…
Thailand's steel industry has faced sluggish sales in the first five months of this year, attributed to reduced construction spending and competition from low-cost Chinese imports, according to Tata Steel (Thailand) Plc…
India's steel industry is seeking government support for a level playing field amid challenges from cheap imports, according to Sajjan Jindal, chairman and managing director of JSW Steel. At the company's annual general…
Korea's Hyundai Steel has filed an anti-dumping petition against Chinese thick steel plate manufacturers, alleging damage from lower-priced Chinese exports, industry sources said. The company recently submitted a…
Turkey's imports of stainless steel flat products increased slightly by 1pct YoY in the first five months of 2024, according to data from the Turkish Statistical Institute (TUIK). In Jan-May 2024, Turkey imported…
Indian steel manufacturer Jindal Steel & Power reported a 21pct decline in net profit for Q1 FY25, ending June 30, 2024, with a profit of INR 1,337.92 crore (USD 159.8 mln), down from INR 1,691.8 crore in the same…
Turkey's iron ore imports reached approximately 879,000 tons in May 2024, marking a 42.6pct YoY increase but a 17.7pct decrease compared to the previous month, according to the Turkish Statistical Institute (TUIK). From…
China's Ministry of Commerce announced that it will conduct a one-year sunset review investigation of the anti-dumping measures on imports of stainless steel billet and hot-rolled stainless steel from the EU, the UK…
Vietnam's Ministry of Industry and Trade has launched an anti-dumping investigation into HRC imports from China and India following complaints from the domestic industry, according to local media reports. In June 2024…
Turkey's scrap import prices remained unchanged this week in a quiet market. Turkish mills postponed buying activity due to a slowdown in demand in the finished steel segment. Scrap import prices in Turkey are assessed…
Qatar Steel, the leading steel-making company in Qatar, has signed a 5-year agreement with Qatar Navigation Q.P.S.C. (Milaha), the industry-leading provider of maritime and logistics solutions, to provide stevedore…
India was a net importer of steel in Q1 FY25 (April to June), with imports exceeding exports by 0.6 mln tons. Finished steel exports declined consistently due to poor global demand and competition from China, while…
Turkey's semi-finished steel imports dropped by 43.7pct month-on-month and plunged by 50pct YoY to approximately 155,000 tons in May 2024, according to data from the Turkish Statistical Institute (TUIK). In the first…
Turkey's scrap import prices remained stable as buying activity slowed significantly. This slowdown was driven by weak demand in the finished steel segment and suppliers' resistance to lowering prices. Turkish finished…
Turkey's HRC imports declined by nearly 52pct YoY in May 2024 and by 24pct month-on-month to approximately 283,000 tons, according to data from the Turkish Statistical Institute (TUIK). In the first five months of 2024…
China's steel exports surged by 16.5pct in June YoY, reaching 8.75 mln tons, although this was a decrease from May's 9.63 mln tons. Data from the General Administration of Customs showed that in H1 2024, steel exports…
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