US Announces Preliminary Anti-Dumping Results on Circular Welded Pipe Imports from UAE The *US Department of Commerce (DOC)* has released the *preliminary results of its administrative review* concerning the antidumping (AD) duty order on *circular welded carbon-quality steel pipe (CWP)...
EU Officially Adopts New Steel Trade Measure to Strengthen Industry Protection The European Union has formally adopted a new steel trade measure aimed at protecting its domestic steel industry from the effects of global overcapacity and rising import pressure. The new framework ...
Argentina’s Vehicle Production Shows Modest Recovery in May Despite Ongoing Market Challenges Argentina's automotive industry recorded a slight improvement in production during May 2026, offering signs of stability after a difficult start to the year. According to data released by the country'...
Chinese Rebar Prices Fall 1.6% as Construction Demand Remains Weak *Domestic rebar prices in China continued to move lower in late May as weak construction activity and cautious purchasing sentiment weighed on market demand.* Average rebar prices across major Chines...
Massive Fire at Brampton Scrap Yard Prompts Review of Industrial Safety Measures *A major fire at a scrap recycling facility in Brampton, Ontario has raised concerns over industrial safety, emergency response preparedness and environmental risks associated with large-scale recycli...
China’s Finished Steel Inventories Fall 1.6% as Market Shipments Remain Steady *Inventories of major finished steel products in China continued to decline in late May, indicating relatively stable market shipments despite ongoing concerns over steel demand.* According to the la...
CBAM Raises Concerns Over Africa's Manufacturing Competitiveness *The United Nations Economic Commission for Africa has warned that the European Union’s Carbon Border Adjustment Mechanism could create new challenges for Africa’s industrialization, export competitiv...
Taiwan Imposes Provisional Anti-Dumping Duties on Electrical Steel Imports *Taiwan has imposed provisional anti-dumping duties on imports of cold-rolled flat non-oriented electrical steel from South Korea and China, with the measure set to take effect on June 8, 2026.* The ...
Chile’s Economic Activity Declines in April Amid Lower Mining Output *Chile’s economy declined by 1.2 percent year on year in April 2026, reflecting weaker performance in goods production and a sharp drop in mining activity.* The IMACEC index, Chile’s key monthly indi...
India’s KFIL to Invest $52 Million to Expand Steel Tube Production Capacity *India-based KFIL has finalized plans to invest approximately US$52 million to increase its steel tube manufacturing capacity, supporting future growth and rising demand across infrastructure and indu...
Development Bank of Japan and HDFC Capital Partner to Invest $1 Billion in Affordable Housing *The Development Bank of Japan (DBJ) and HDFC Capital have entered a partnership to support affordable and mid-income housing projects in India through a fund targeting total investments of up to US$1...
JSL Awards $17 Million Contract for Installation of Yard Automation Systems *India’s JSL has awarded a contract worth approximately US$17 million to Kernex Microsystems for the installation of advanced yard automation systems as part of its operational modernization efforts.*...
