EU and US to Form Metals Alliance Against China’s Excess Capacity The European Union and the United States are working on a joint initiative to create a “metals alliance” that would address China’s excess steel and aluminum production capacity. The plan aims to incr...
South Korea Weighs Anti-Dumping Duties on Chinese and Japanese Steel South Korea is considering imposing anti-dumping duties on imports of hot-rolled steel from China and Japan amid concerns over unfair pricing practices. The move follows a formal investigation into wh...
Sustained 50% US Tariff May Impact EUAs The sustained 50% tariff on steel and aluminum imports by the United States is causing growing concerns in the European carbon market. Experts warn that this protectionist move could weaken the compet...
ArcelorMittal Expands Its Support for Less-Green Steel Standard ArcelorMittal has expanded its backing for an industry initiative aimed at setting a more pragmatic benchmark for low-carbon steel certification. The company believes the current “green” definitions a...
India’s New Import Rule Hits Nepalese Steel Exports Nepal’s steel industry is facing unexpected hurdles after India implemented a new import regulation aimed at increasing oversight on goods from China. The rule, requiring stricter declarations of orig...
Pakistan Unveils Steel Sector Reform Plan Aiming at Tariff Reductions and Export Growth Pakistan’s *Ministry of Commerce* has finalized a comprehensive reform plan targeting the country’s iron and steel sector, proposing *sweeping tariff reductions* to cut production costs and *unlock ex...
U.S. Assigns Zero Preliminary Dumping Margin on Turkish LD Welded Pipe The *U.S. Department of Commerce (DOC)* has issued the *preliminary results* of its administrative review concerning *antidumping duties on large diameter (LD) welded pipe* imports from *Turkey* for t...
Jindal Steel to Invest $12 Billion in Chhattisgarh Steel and Power Projects *Jindal Steel Chhattisgarh Limited (JSCL)*, a subsidiary of *Jindal Steel Limited (JSL)*, has signed a *memorandum of understanding (MoU)* with the *Chhattisgarh state government* to invest *$12.13 bi...
Brazil Enforces Antidumping Duties on Steel Pipes from India, Taiwan, and China Brazil’s foreign trade council, *CAMEX*, has imposed *definitive antidumping duties* on imports of *stainless steel pipes* from *India and Taiwan*, following a trade investigation initiated by *APRODI...
US Coil Plate Imports Surge 75.8% in May 2025, Led by Canada and Turkey U.S. imports of *plates in coil rose sharply by 75.8% in May 2025* compared to the previous month, according to *preliminary data from the U.S. Department of Commerce*. A total of *100,062 metric tons...
SAIL’s Q1 Net Profit Soars Over 800% to ₹7.44 Billion in FY 2025–26 *Steel Authority of India Limited (SAIL)* has reported a massive turnaround in its financial performance, posting a *consolidated net profit of ₹7.44 billion ($86.04 million)* in the *first quarter (A...
EUROFER Warns of Continued Pressure on EU Steel Industry Despite US-EU Trade Deal The *European Steel Association (EUROFER)* has issued a cautious response to the recently announced *US-EU trade agreement*, warning that while a full-blown trade conflict may have been avoided, *seri...
