India’s Xin Wheels Injects €50,000 to Launch European Subsidiary Xin Wheels India Ltd (WIL) has taken a significant step toward expanding its global footprint by investing in its newly formed European subsidiary. According to a regulatory filing on Monday, July 14...
China’s Coal Imports Drop Sharply in First Half of 2025 China's coal imports saw a significant decline in the first half of the year, according to the latest data released by Chinese customs authorities. From *January to June 2025*, the country imported *...
UK Steel Industry Avoids Electricity Cost Surge as Government Scraps Zonal Pricing Plan The *UK government has officially dropped plans for zonal electricity pricing* as part of its *Review of Electricity Market Arrangements (REMA)*, a move welcomed by the domestic steel industry. *Secr...
Canada Finalizes Anti-Dumping, Countervailing Duties on Chinese OCTG and Seamless Casing The *Canada Border Services Agency (CBSA)* has *concluded its latest review* on *oil country tubular goods (OCTG)* and *seamless casing* imported from China, setting new *normal values and countervail...
US Steel Tariff on Brazilian Imports Could Hit 100% Starting August *Brazilian steel exports to the United States could soon face a crippling 100% import tariff*, according to *Marco Polo Mello Lopes*, executive president of the *Brazilian Steel Institute (IABr)*. Sp...
Brazil’s Heavy Plate Exports Hold Steady in June, Imports Surge *Brazil maintained its export volume of heavy steel plates in June*, shipping a total of *15,900 metric tons (mt)* — the same level as recorded in May, according to the country’s foreign trade system ...
Nippon Steel to Double U.S. Crude Steel Output in Five Years with $11 Billion Investment *Nippon Steel CEO Eiji Hashimoto has unveiled a bold expansion strategy to double the company’s crude steel production in the United States within the next three to five years*, focusing on major upgr...
EU Imposes Definitive Antidumping Duties on Tube and Pipe Fittings from South Korea, Malaysia, and Russia The *European Commission has officially imposed definitive antidumping (AD) duties* on imports of *certain tube and pipe fittings from South Korea, Malaysia, and Russia*, following the conclusion of a...
Trump Slaps 50% Tariff on Brazilian Imports, Sparking Trade and Diplomatic Tensions *U.S. President Donald Trump has announced a sweeping 50% tariff on all imports from Brazil*, a move set to take effect on *August 1*, according to an official notification sent to *Brazilian Presiden...
Sarıtaş Paslanmaz Çelik Doubles Down on Solar to Power Green Steel Ambitions *Turkish stainless steel manufacturer Sarıtaş Paslanmaz Çelik* is significantly ramping up its solar energy investment as part of its push toward more sustainable steel production. The company announc...
South Korea Extends Provisional Antidumping Duties on Chinese Stainless Steel Plate South Korea’s *Ministry of Economy and Finance* has announced an extension of *provisional antidumping duties on stainless steel plate imports from China*, maintaining a *tariff rate of 21.62%*. The d...
Vietnam’s Steel Imports Drop 9.6% in June, Scrap Imports Stay Steady Vietnam’s *steel imports fell sharply by 9.6% month-on-month in June 2025*, totaling *1.17 million metric tons*, according to newly released data from the *General Department of Customs*. In contrast,...
