Brazil Steel Import Quotas Reach 71% Utilization as Pressure Mounts on Domestic Industry Brazil’s steel import quotas have reached *71% utilization as of December 17*, up from *54% recorded on November 19*, according to data from the country’s foreign trade authority *Siscomex*. The quot...
China to Halve Purchase Tax Incentives for New Energy Vehicles from 2026 China will *scale back tax incentives for new energy vehicle (NEV) purchases starting January 1, 2026*, according to a joint notice issued by the *Ministry of Industry and Information Technology, Mini...
Canada Upholds Anti-Dumping and Countervailing Measures on Rebar Imports The *Canada Border Services Agency (CBSA)* has concluded its expiry review of *antidumping (AD) duties on rebar imports from China, South Korea and Turkey*, as well as the *countervailing duty (CVD) o...
AHMSA Sells US Pellet Plant Assets for $5 Million in Bankruptcy Process Mexican steelmaker *Altos Hornos de México (AHMSA)* has received court approval to sell the assets of its *iron ore pelletizing plant in Indiana, US*, for *$5 million*, as part of its ongoing bankrupt...
China Commissions First Million-Tonne Near-Zero-Carbon Steel Line China has completed its *first million-mt near-zero-carbon steel production line*, marking a major milestone in the country’s low-carbon industrial transition. The project, located in *Zhanjiang City...
Canada Imposes Provisional Anti-Dumping Duties on OCTG Imports The *Canada Border Services Agency (CBSA)* has issued a *preliminary determination imposing provisional anti-dumping (AD) duties* on certain oil country tubular goods (OCTG) imported from *Mexico, the...
UK Industry Faces £800 Million Annual CBAM Cost as EU Rejects Exemption UK exporters are set to face significant new costs after the European Union confirmed it will *not grant the UK an exemption from the Carbon Border Adjustment Mechanism (CBAM)* unless the two sides fo...
Brazilian Court Suspends Samarco Expansion Over Environmental Risks A federal court in *Minas Gerais* has ordered the *suspension of Samarco’s mining expansion works*, citing environmental concerns linked to climate risk and waste management. The ruling targets Samar...
Australia Forecasts Gradual Decline in Iron Ore Prices Through 2027 Australia’s Department of Industry, Science and Resources expects *iron ore prices to ease gradually through late 2027*, citing weak global steel demand and rising supply. Iron ore prices, which have...
Ukraine Launches Sunset Review of AD Duties on Chinese Stainless Pipes Ukraine’s Interdepartmental Commission on International Trade (ICIT) has initiated a *sunset review of antidumping (AD) duties on seamless stainless steel pipes from China*, following a request from d...
German Exports to US Drop Sharply in 2025 as Tariffs Bite Germany’s exports to the United States declined significantly during the first three quarters of 2025, reflecting the growing impact of higher US import tariffs, according to a new report by the *Germ...
Global Crude Steel Output Falls 4.6% in November 2025 Global crude steel production declined in *November 2025*, reflecting uneven regional performance, according to data released by the *World Steel Association (worldsteel)*. Worldwide output totaled *...
