US DOC initiates AD/CVD investigations on CORE steel from 10 countries The US Department of Commerce (DOC) has initiated an antidumping duty investigation on corrosion-resistant steel products from Australia, Brazil, Canada, Mexico, Netherlands, South Africa, Taiwan, Tur...
China's JISCO orders new heavy plate mill from SMS Group German plantmaker SMS Group has announced that Chinese steelmaker Jiugang Group Hongxing Iron & Steel Co., Ltd (JISCO) has ordered a new heavy plate mill for its production facility. Accordingly, with...
US Steel launches ZMAG coated steel product for harsh conditions The US-based steelmaker United States Steel Corporation (US Steel) has launched a new carbon flat rolled steel product under the brand ZMAG coated steel. ZMAG steel, which is stronger, more resilient,...
India has extended countervailing duties on pipes from China and Vietnam The safeguard measure for these products will remain in effect for another five years India’s Ministry of Finance has announced a five-year extension of the anti-subsidy duty on imports of welded stai...
Current prices for imported electricity are a problem for Ukrainian steel industry – CEO of Metinvest Crossing access auctions are sensational, and the country needs long-term contracts Electricity prices in Ukraine in the conditions of its deficit are a problem for the iron and steel industry, and au...
Northern Mining reduced the cost of iron ore mining in the Hannivsky quarry by $1.5/t This was facilitated by the revision of quarry logistics, reduction of the distance of transportation of mining mass, optimization of equipment operation, etc. The Northern Mining and Processing Plant...
Vale has raised its iron ore production forecast for 2024 The company updated its expectations despite the decline in prices on the global market Brazilian mining company Vale announced that this year it plans to produce 323-330 million tons of iron ore. It ...
EU flat steel market in 2010-2023 The share of imports in the domestic consumption of steel during 2021-2023 increased and remains at record levels *Production:* From 2010 to 2023, the flat steel market in the European Union underwent...
India mulls policy to offer incentives for green steel procurement to boost demand India's Ministry of Steel is working on a policy to generate demand for green steel through offering incentives for users to procure green steel, the secretary at the Ministry of Steel, Sandeep Poundr...
Vietnam's steel imports up 13.1 percent in August from July In August this year, Vietnam's steel imports amounted to 1,340,998 mt, up 13.1 percent compared to July, while its scrap imports increased by 16.4 percent month on month to 429,547 mt, according to th...
China files WTO complaint against Canada's tariff decision on steel products China's Ministry of Commerce (MOC) has lodged a complaint with the World Trade Organization (WTO) in response to Canada's recently announced additional tariffs on Chinese steel and aluminum products, ...
Germany needs additional investment of €1.4 trillion by 2030 – BDI In this way, the country can remain competitive at the international level in the future Germany needs additional private and public investment of €1.4 trillion by 2030 to remain internationally compe...
