Chinese exports of steel billets to GCC countries increased during the first four months of 2026, supported by stronger demand from regional buyers, customs data showed. Based on exports under HS Codes 72071100 and…
The European Council has adopted new rules to protect the EU steel market from the effects of global steel overcapacity, replacing the current steel safeguard measures that are set to expire on June 30, 2026. The new…
Turkey's imported scrap prices weakened this week as steel mills continued to limit purchases due to weak finished steel demand. HMS 1&2 (80:20) import prices were assessed at around USD 400 per ton CFR, down from USD…
Turkey's rebar exports increased by 8pct YoY to around 1.49 mln tons in the January-April period, according to data from the Turkish Statistical Institute (TUIK). Yemen remained the largest export destination for…
The Canadian International Trade Tribunal (CITT) has extended anti-dumping duties on imports of concrete reinforcing bar (rebar) from Turkey, China, and South Korea following the completion of an expiry review. The…
Turkey's steel exports declined by 3.3pct YoY to 3.5 mln tons in the first four months of 2026, while export revenues fell 5.5pct to USD 3.2 bln, according to data from the Turkish Steel Producers' Association (TCUD)…
Global steel excess capacity is projected to reach 745 mln tons by 2028, up from an estimated 640 mln tons in 2025, as capacity expansion continues to outpace demand growth, according to the OECD Steel Outlook 2026…
Turkey imported 6.6 mln tons of ferrous scrap during the first four months of 2026, up slightly compared with the same period last year, according to data from the Turkish Statistical Institute. The United States…
AD Ports Group has signed memoranda of understanding (MoUs) with major UAE steel and industrial producers, including EMSTEEL Group, Al Ghurair Iron & Steel, and Tenaris, as part of plans to establish a rail-linked…
China's finished steel exports to India more than doubled YoY in April, reaching around 232,000 tons, the highest monthly level in at least two years, according to provisional Indian government data, Reuters reported…
India became a net importer of finished steel in April 2026, according to provisional government data, Reuters reported. The country imported around 0.7 mln tons of finished steel during the month, rising by 30.8pct…
Turkey's imported scrap prices softened slightly this week as steel mills maintained cautious purchasing amid weak finished steel demand and squeezed profit margins. HMS 1&2 (80:20) import prices were assessed at around…
Pakistan's National Tariff Commission (NTC) has initiated an antidumping investigation into imports of cold rolled-based color coated steel coils and sheets originating in and/or exported from China following a…
Pakistan imported 217,192 tons of steel scrap in April 2026, down by nearly 26pct compared with 292,945 tons imported in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). However…
Pakistan imported 327,416 tons of finished steel products in April 2026, down by 16.2pct compared with the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). However, finished steel…
Tata Steel UK has secured lower U.S. tariff treatment for steel processed at its Port Talbot plant, allowing exports to qualify for the reduced tariff rate applicable to British steel imports despite the use of imported…
Turkish steel mills returned aggressively to the deep-sea scrap market in late March after a period of cautious buying following tensions in the Middle East, according to the latest BIR World Mirror on Ferrous Metals…
Turkey exported around 256,000 tons of wire rod in the first quarter of 2026, down by 11pct YoY, according to data from the Turkish Statistical Institute (TUIK). Romania remained the largest export destination for…
South Africa has increased import duties on a broad range of steel and steel-related products under amendments published in Government Gazette No. 54678 dated May 15, 2026, as part of efforts to support the domestic…
The European Parliament has approved new safeguard measures aimed at protecting the EU steel industry from the impact of global steel overcapacity after the current safeguard regime expires on June 30, 2026. Under the…