ArcelorMittal Increases Hot-Rolled Coil Prices to €700/t in Northern Europe ArcelorMittal, a leading player in the European steel industry, has announced an increase in its *hot-rolled coil (HRC)* prices for Northern Europe, setting the new rate at *€700 per tonne*, up from t...
India Initiates Anti-Dumping Investigation into Metallurgical Coke Imports India's Ministry of Commerce has launched an *anti-dumping investigation* into imports of low-ash metallurgical coke (met coke) from *Australia, China, Colombia, Indonesia, Japan, and Russia*. This ac...
Vietnam Imposes Anti-Dumping Duties on Coated Steel Imports from China and South Korea In a decisive move to safeguard its domestic steel industry, Vietnam has imposed *anti-dumping duties ranging from 15% to 37%* on *coated steel imports* originating from *China and South Korea*. *B...
Substandard Steel Bars Implicated in Bangkok Skyscraper Collapse The catastrophic collapse of a 30-story office tower under construction in Bangkok, triggered by a 7.7 magnitude earthquake centered in Myanmar, has been linked to the use of *substandard steel bars*,...
ArcelorMittal Moves to Fully Acquire Brazilian Pipe Producer Tuper Global steel giant *ArcelorMittal* has announced plans to acquire the remaining 60% stake in *Tuper*, a leading Brazilian pipe manufacturer, thereby achieving full ownership. This strategic move is se...
Trump Imposes 25% Tariff on Car Imports, Escalating Global Trade Tensions On *March 27, 2025*, U.S. President *Donald Trump* officially announced a *25% tariff on imported cars and automotive parts*, set to take effect on *April 3*. The administration claims the measure is ...
Trump’s Trade War Could Spark Global Financial Crisis, Analysts Warn As the U.S. under former President *Donald Trump* pushes forward with aggressive trade policies, economists and industry experts are sounding the alarm: the escalation of tariffs and retaliatory measu...
Steel Grades Explained: Types, Properties & How to Choose the Right One Steel is an essential material in many sectors, including construction, manufacturing, engineering, and even everyday products. However, it is not a one-size-fits-all material. Steel comes in a wide r...
Trump May Soften Stance on Reciprocal Tariffs, Boosting U.S. Steel Stocks As discussions continue around the implementation of *reciprocal tariffs on U.S. trading partners*, former President *Donald Trump* has hinted at the possibility of granting *exceptions* to certain co...
UK Explores Linking Its ETS to the EU Carbon Market for Greater Climate Alignment The UK government is evaluating the possibility of *linking its Emissions Trading System (UK ETS) with the EU’s ETS*, potentially creating a more unified and efficient carbon market across Europe. *W...
India’s BMW Industries to Invest $92 Million in Greenfield Steel Complex in Jharkhand India's *BMW Industries Limited (BIL)* has announced plans to invest *$92 million* in a *greenfield downstream steel complex* in *Bokaro*, located in the eastern state of *Jharkhand*. The project, set...
Turkish Steel Market Faces Uncertainty Amid Decline in Key Industries Turkey's steel market began 2025 with strong performance levels, reflecting the high rates achieved in the previous year. However, significant challenges remain, with several factors threatening the f...
