CBAM Drives European Steel Prices Higher as Import Costs Rise, Says Poland’s Konstal European steel prices are rebounding as the *EU’s Carbon Border Adjustment Mechanism (CBAM)* begins to materially affect import costs, according to *Emil Ceglarski*, procurement director at Polish ste...
Kobe Steel Reports Lower Profit and Revenue in April–December 2025 Period Japan-based *Kobe Steel Ltd* has reported *lower net profit and revenues* for the first nine months of its *2025–26 financial year*, citing weaker steel prices and higher costs. For the April–Decembe...
India Signals Support Measures for Steel Exports Affected by EU’s CBAM India’s government has indicated it will take steps to mitigate the impact of the *European Union’s Carbon Border Adjustment Mechanism (CBAM)* on Indian steel exports, according to *Steel Ministry Sec...
Australia Opens Review of Antidumping Measures on Al-Zn Coated Steel from South Korea and Vietnam Australia’s Anti-Dumping Commission has initiated a review into the continuation of existing antidumping measures on *aluminum-zinc (Al-Zn) coated steel with a width of 600 mm or more* imported from *...
CISA Calls on Chinese Steelmakers to Control Output and Promote Stable Industry Development The *China Iron and Steel Association (CISA)* has urged steel producers to *control crude steel output and optimize supply* to ensure stable and sustainable industry development, CISA president *Zhao ...
India’s Steel Industry Continues to Expand in December 2025 Despite Slower Downstream Activity India’s steel industry maintained *solid expansion momentum in December 2025*, even as downstream sectors such as automobiles and construction showed signs of *moderate short-term slowdown*, according...
Vietnam Steel Imports Fall 16.4% in January 2026 Despite Strong Year-on-Year Growth Vietnam’s steel imports totaled *1.52 million metric tons (mt) in January 2026*, down *16.4% month on month*, but up *60.6% year on year*, according to data from the *General Department of Vietnam Cus...
US Steelmakers Urge Policymakers to Secure Affordable, Reliable Electricity Supply The *Steel Manufacturers Association (SMA)* has warned that *access to affordable and reliable electricity is critical to the competitiveness and continued growth of the US steel industry*, according ...
Jindal India Commissions $121 Million Steel Coating Line in West Bengal *Jindal India Limited (JIL)*, part of the *B C Jindal Group*, has commissioned a *new steel coating line* for the production of *value-added coated steel products* in *West Bengal*, the company said i...
Hyundai Steel Begins Commercial Production of Carbon-Reduced Steel Plates Using Hybrid BF–EAF Process *Hyundai Steel*, a subsidiary of *Hyundai Motor Group*, has begun *mass production of carbon-reduced steel plates*, cutting carbon emissions by *around 20 percent* compared with conventional blast fur...
US Confirms Circumvention of Countervailing Duties on Welded Pipe via Oman The *US Department of Commerce (DOC)* has issued its *final determination* finding circumvention of *countervailing duty (CVD) orders* on *circular welded carbon quality steel pipe* involving processi...
British Steel Supplies 480 mt of Structural Sections for Major UK Industrial Development *British Steel* has supplied *480 metric tons of structural steel sections* for a major industrial development at *Associated British Ports’ (ABP) Helm site in Immingham*, a project described as one o...
