KZHRK Puts Most Employees on Idle Status Until April Amid Operational Challenges Kazakhstan’s *KZHRK (Kazakhstanskaya Zheleznorudnaya Kompaniya)* has announced that *most of its workforce will be placed on idle status until April*, reflecting *ongoing challenges in the mining sect...
EU Steel Exports Reach €77.8 Billion in 2024, Reinforcing Global Trade Position The *European Union* recorded steel product exports valued at *€77.8 billion in 2024*, demonstrating the bloc’s resilience in the global steel market despite ongoing economic and trade challenges. **...
Brazil Focuses on Dialogue with US Over Steel Tariffs Brazil’s *Vice President and Minister of Industry and Commerce*, *Geraldo Alckmin*, has emphasized that *negotiation* remains the top priority in Brazil's response to the *US-imposed steel and aluminu...
Canada Responds to US Steel Tariffs with Retaliatory Measures In response to the United States' decision to impose *25% tariffs* on steel imports from all countries, Canada has announced retaliatory measures. The US tariffs, which officially took effect on *Marc...
Brazil Sees Decline in CRC Import Prices The *import price of Cold-Rolled Coil (CRC)* in Brazil has fallen, with the average price now at *$680/mt* (CFR conditions), down from *$710/mt* two weeks ago, according to market sources. On the dom...
Vietnam's Steel Imports Surge 64.2% in February Vietnam's steel imports experienced a significant increase in February, rising by *64.2%* from January to reach *1,559,879 metric tons*. Similarly, the country’s scrap imports also saw a notable jump,...
Assofermet Warns of Threat to European Steel and Aluminum Industry Amid US Tariffs *Assofermet*, the association representing Italian distributors of *scrap, raw materials, and steel products*, has raised alarms over the potential impact of the *US reintroducing 25% tariffs* on *ste...
Indian Government Denies Proposal to Merge NMDC and KIOCL The Indian government has denied any plans to merge two state-run companies, *NMDC Limited* and *KIOCL Limited*, according to a statement made by *Bhupati Raju Srinivasa Varma*, the junior minister of...
EU Responds Swiftly to US Steel Tariffs The European Commission has announced rapid countermeasures in response to the US decision to impose *25% tariffs* on steel and aluminum imports from all countries, which officially take effect today,...
Trump Reinstates Steel and Aluminum Tariffs, Reigniting Global Trade Tensions Former U.S. President *Donald Trump* has announced a *revival of tariffs on steel and aluminum imports*, a protectionist move that could have *far-reaching consequences* for global trade. The decision...
SSAB to Supply Green Steel to Putzmeister for Reduced Carbon Footprint *Swedish specialty steel producer SSAB* has announced a new partnership with *Putzmeister*, a global manufacturer of construction equipment, to supply *fossil-free steel*. This deal will help Putzmeis...
India and EU Resume FTA Talks After Eight-Year Hiatus *India* and the *European Union (EU)* have officially resumed negotiations for a *free trade agreement (FTA)* in *Brussels* on *March 10*, after a gap of over *eight years*. This development follows d...
