European Commission Proposes Extension of Duty and Quota Exemption on Ukrainian Imports The *European Commission* has put forward a proposal to *extend the exemption of duties and quotas on Ukrainian imports*, aimed at bolstering Ukraine’s *iron and steel sectors* amid the ongoing war. ...
Nucor Increases Hot-Rolled Coil Prices by $155/T Since Start of the Year Nucor, one of the leading U.S. steel producers, has *raised its hot-rolled coil (HRC) prices by $155 per ton* since the beginning of the year. This price increase reflects *strong demand, rising raw m...
Taiwan Initiates Anti-Dumping Investigation Into Rolled Steel Imports from China Taiwan has officially launched an *anti-dumping investigation* into *rolled steel imports from China*, following complaints from domestic producers about unfair pricing practices. The investigation ai...
Keir Starmer Pushes for UK Steel Exemption from Trump’s Tariffs on US & Canada UK Prime Minister *Keir Starmer* is taking diplomatic action to *secure exemptions for British steel exports* following former US President *Donald Trump’s* reintroduction of steel tariffs. The tariff...
SSAB to Install Electric Arc Furnace at Oxelösund Plant by 2026, Advancing Green Steel Production Swedish steelmaker *SSAB* has announced plans to install an *electric arc furnace (EAF) at its Oxelösund plant by 2026*, replacing the traditional blast furnace process. This move aligns with SSAB’s b...
Indian Steel Market: A Benchmark for Global Exporters India’s steel industry is rapidly becoming a *key benchmark for global exporters*, thanks to *rising domestic demand, infrastructure investments, and evolving trade policies*. As one of the world’s la...
Metinvest Recognized for Veteran Employment Program in Best Employer Rating by Oboz.ua Metinvest has been honored in the *Oboz.ua Best Employer rating*, particularly for its *veteran employment program*, which supports the reintegration of former military personnel into the workforce. T...
China to Expand National Carbon Market, Strengthening Emissions Reduction Efforts China has announced plans to *expand its national carbon market*, signaling a stronger push toward *emissions reduction* and *industrial sustainability*. As the world’s largest carbon emitter, China’s...
Rio Tinto Invests $1.8 Billion to Expand Iron Ore Production in Australia Global mining giant *Rio Tinto* has announced a *$1.8 billion investment* to expand its *iron ore production* in Australia. This significant move aims to strengthen supply chains, meet increasing glob...
Thyssenkrupp to Cut 1,800 Jobs in Automotive Division Amid Restructuring Thyssenkrupp has announced plans to *cut 1,800 jobs* in its automotive division as part of a broader restructuring strategy aimed at improving efficiency and addressing financial pressures. The decisi...
Global Pig Iron Prices Recover After Recent Decline Following a period of decline, *global pig iron prices* have shown signs of recovery, reflecting a shift in market conditions. The rebound is attributed to *increased demand, supply adjustments, and s...
Brazil-United States Discussions on Steel Tariffs Anticipated Today /Brasília, Brazil/ – *Brazilian Vice President and Minister of Development, Industry, and Commerce, Geraldo Alckmin*, is set to engage in discussions today with *US Commerce Secretary Howard Lutnick* ...