Brazil Sees Decline in CRC Import Prices The *import price of Cold-Rolled Coil (CRC)* in Brazil has fallen, with the average price now at *$680/mt* (CFR conditions), down from *$710/mt* two weeks ago, according to market sources. On the dom...
Vietnam's Steel Imports Surge 64.2% in February Vietnam's steel imports experienced a significant increase in February, rising by *64.2%* from January to reach *1,559,879 metric tons*. Similarly, the country’s scrap imports also saw a notable jump,...
Assofermet Warns of Threat to European Steel and Aluminum Industry Amid US Tariffs *Assofermet*, the association representing Italian distributors of *scrap, raw materials, and steel products*, has raised alarms over the potential impact of the *US reintroducing 25% tariffs* on *ste...
Indian Government Denies Proposal to Merge NMDC and KIOCL The Indian government has denied any plans to merge two state-run companies, *NMDC Limited* and *KIOCL Limited*, according to a statement made by *Bhupati Raju Srinivasa Varma*, the junior minister of...
EU Responds Swiftly to US Steel Tariffs The European Commission has announced rapid countermeasures in response to the US decision to impose *25% tariffs* on steel and aluminum imports from all countries, which officially take effect today,...
Trump Reinstates Steel and Aluminum Tariffs, Reigniting Global Trade Tensions Former U.S. President *Donald Trump* has announced a *revival of tariffs on steel and aluminum imports*, a protectionist move that could have *far-reaching consequences* for global trade. The decision...
SSAB to Supply Green Steel to Putzmeister for Reduced Carbon Footprint *Swedish specialty steel producer SSAB* has announced a new partnership with *Putzmeister*, a global manufacturer of construction equipment, to supply *fossil-free steel*. This deal will help Putzmeis...
India and EU Resume FTA Talks After Eight-Year Hiatus *India* and the *European Union (EU)* have officially resumed negotiations for a *free trade agreement (FTA)* in *Brussels* on *March 10*, after a gap of over *eight years*. This development follows d...
US Steel Industry Groups Back Trump’s Steel Tariffs, Support Elimination of Exclusions Five major US steel industry organizations have expressed strong *support for the restoration of 25% tariffs* on steel imports, alongside the *elimination of the steel Section 232 exclusion process*. ...
US Steel Exports Rise 27.3% in January Compared to December *US steel exports* surged by *27.3%* in January compared to December, reaching *708,413 metric tons* according to data from the *US Department of Commerce*. Exports also showed a *1.3% year-on-year in...
US Steel Imports Surge 43.9% in January Compared to December *US steel imports* saw a sharp *43.9% increase* in January compared to December, according to preliminary data from the *US Department of Commerce*. A total of *2,790,285 metric tons* of steel were im...
Gerdau Unveils Expanded HRC Line in Brazil Amid Concerns Over Steel Imports *Gerdau*, the Brazilian steel giant, has inaugurated the *expansion of its hot rolling line* at the *Ouro Branco plant* in *Minas Gerais*. The expansion, which required an investment of *$260 million*...
