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Jindal Stainless Reports 32% Profit Growth in Q2 FY2025–26
*Jindal Stainless Limited (JSL)*, India’s largest stainless steel producer, has reported a *32% year-on-year increase in consolidated net profit*, reaching *INR 8.06 billion (US$90.96 million)* for th...
nov. 12, 2025
0 605


UK Launches Review of Vietnamese Rebar Imports Under Safeguard Quota
The *UK Trade Remedies Authority (TRA)* has announced the initiation of a *review of the tariff-rate quota (TRQ)* applied to *imports of rebar (Category 13) from Vietnam* under the country’s *steel sa...
nov. 12, 2025
0 671


Global Long Steel Market Faces Slump Amid Weak Demand and Oversupply: IREPAS
The *International Rebar Exporters and Producers Association (IREPAS)* has reported that the *global long steel market* continues to struggle with *weak demand, oversupply, and fierce competition*, as...
nov. 6, 2025
0 1119


Canada Extends Antidumping Probe on OCTG Imports from Five Countries
The *Canada Border Services Agency (CBSA)* has announced an *extension to its preliminary antidumping investigation* into imports of *oil country tubular goods (OCTG)* from *Mexico, the Philippines, T...
nov. 6, 2025
0 1300


Thailand Probes Chinese Steelmakers for Alleged Duty Evasion on Hot Rolled Coils
Thailand’s *Department of Foreign Trade (DFT)* has launched an *antidumping circumvention investigation* into imports of *hot rolled steel sheets and coils from China*, following complaints by major T...
nov. 6, 2025
0 1084


150 Indian Steel Mills Halt Production Amid Persistent Price Slump
Around *150 small-scale steel producers across India have suspended operations* due to *continuously low domestic steel prices*, according to *India’s Steel Secretary, Sandeep Poundrik*. Poundrik not...
nov. 6, 2025
0 923


China-Backed Simandou Iron Ore Project Set to Redefine Global Market Balance
The long-awaited *Simandou iron ore mine* in *Guinea* — backed by major Chinese investors — is finally moving into production, a development poised to *reshape global iron ore trade flows*. Valued at...
nov. 5, 2025
0 1155


SteelAsia Temporarily Suspends Calaca Scrap Recycling Plant Amid Zinc Dust Dispute
*SteelAsia Manufacturing Corporation*, the Philippines’ largest steel producer, has *temporarily suspended operations* at its *Calaca scrap-recycling facility* following an order from the *Philippine ...
nov. 5, 2025
0 1034


South Korea Unveils KRW 400 Billion Steel Sector Support Plan Amid Oversupply Pressures
The *South Korean government* has launched a *KRW 400 billion ($278 million)* export guarantee program to *support small and medium-sized enterprises (SMEs)* in the domestic steel sector. Jointly bac...
nov. 5, 2025
0 1094


Baosteel Refines 2026–2030 Capacity Plan to Prioritize Efficiency Over Expansion
*Baosteel*, one of China’s leading steel producers, has *revised its capacity target* for the *15th Five-Year Plan (2026–2030)* to *over 80 million metric tons*, down from the previous 80–100 million ...
nov. 5, 2025
0 1080


Argentina’s Crude Steel Production Falls in September Amid Weak Demand
The *Argentine Chamber of Steel Industry (Acero Argentino)* has reported that *crude steel production fell to 356,700 metric tons in September*, down from *370,300 metric tons in August*. Compared wi...
nov. 4, 2025
0 927


Vallourec Secures Major Pipe Supply Contract for Brazil’s Orca Deepwater Field
France-based *Vallourec* has secured a *significant contract* with UK oil and gas company *TechnipFMC* to supply *seamless line pipes* for the *Orca deepwater field* (formerly known as /Gato do Mato/)...
nov. 4, 2025
0 1123
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