India’s New Import Rule Hits Nepalese Steel Exports Nepal’s steel industry is facing unexpected hurdles after India implemented a new import regulation aimed at increasing oversight on goods from China. The rule, requiring stricter declarations of orig...
Pakistan Unveils Steel Sector Reform Plan Aiming at Tariff Reductions and Export Growth Pakistan’s *Ministry of Commerce* has finalized a comprehensive reform plan targeting the country’s iron and steel sector, proposing *sweeping tariff reductions* to cut production costs and *unlock ex...
U.S. Assigns Zero Preliminary Dumping Margin on Turkish LD Welded Pipe The *U.S. Department of Commerce (DOC)* has issued the *preliminary results* of its administrative review concerning *antidumping duties on large diameter (LD) welded pipe* imports from *Turkey* for t...
Jindal Steel to Invest $12 Billion in Chhattisgarh Steel and Power Projects *Jindal Steel Chhattisgarh Limited (JSCL)*, a subsidiary of *Jindal Steel Limited (JSL)*, has signed a *memorandum of understanding (MoU)* with the *Chhattisgarh state government* to invest *$12.13 bi...
Brazil Enforces Antidumping Duties on Steel Pipes from India, Taiwan, and China Brazil’s foreign trade council, *CAMEX*, has imposed *definitive antidumping duties* on imports of *stainless steel pipes* from *India and Taiwan*, following a trade investigation initiated by *APRODI...
US Coil Plate Imports Surge 75.8% in May 2025, Led by Canada and Turkey U.S. imports of *plates in coil rose sharply by 75.8% in May 2025* compared to the previous month, according to *preliminary data from the U.S. Department of Commerce*. A total of *100,062 metric tons...
SAIL’s Q1 Net Profit Soars Over 800% to ₹7.44 Billion in FY 2025–26 *Steel Authority of India Limited (SAIL)* has reported a massive turnaround in its financial performance, posting a *consolidated net profit of ₹7.44 billion ($86.04 million)* in the *first quarter (A...
EUROFER Warns of Continued Pressure on EU Steel Industry Despite US-EU Trade Deal The *European Steel Association (EUROFER)* has issued a cautious response to the recently announced *US-EU trade agreement*, warning that while a full-blown trade conflict may have been avoided, *seri...
US Cold Finished Bar Exports Rise 14.9% in May 2025, Led by Demand from Mexico and Canada *US exports of cold finished bar climbed 14.9% in May 2025*, reaching *8,770 metric tons (mt)*, according to the latest data from the *US Department of Commerce*. Despite the monthly gain, this figure...
US and EU Reach Landmark Trade Deal, Agree to 15% Tariff on Most EU Imports The *United States and the European Union have struck a major trade agreement* that averts a growing tariff standoff and sets a new path for transatlantic economic cooperation. Under the *framework d...
EU Extends Antidumping Duties on Chinese Organic Coated Steel Following Review The *European Commission has decided to maintain existing antidumping (AD) duties on certain organic coated steel imports from China*, following the conclusion of an expiry review initiated earlier th...
India Plans to Mandate Green Steel in Public Projects as Part of $1.73 Billion Decarbonization Push The *Indian government is developing a policy to mandate the use of green steel in public procurement*, marking a major step in its efforts to decarbonize the steel sector and meet its net-zero goals....
