In an effort to boost domestic steel availability and control steel prices, India's government has imposed a 15% export levy on a variety of finished steel products, which accounted for about 95% of I...

**China ** In April, China's steel consumption decreased. Lockdowns imposed to control the newest Covid-19 outbreak are still causing problems in the country. Following this, several financial busines...

The global semiconductor scarcity is causing automakers all over the world to cut back on manufacturing. China's already tight supply chains are being hampered by new and ongoing Covid-related lockdow...

Indonesia intends to impose an export ban on nickel goods having a nickel concentration of less than 60%. According to media reports, Minister of Investment/Head of Investment Coordinating Board (BKPM...

**South Korea ** Since the beginning of 2022, the value of cold rolled coil transactions in South Korea has increased by 17%, reaching a fifteen-year high. According to reports, end-users are unable ...

Many consumers were concerned about supply constraints and ordered excessive quantities as a result. The expected market scarcity of steel items, on the other hand, did not materialize. The war's cons...

Thai steel roofing manufacturers have asked the Commerce Ministry to help them extend anti-dumping tax waivers or scrap anti-dumping restrictions on imported steel used in metal sheet manufacturing. A...

British Steel's Special Profiles division has installed a GBP 1 million (USD 1.2 million) state-of-the-art laser measurement equipment, which is part of a suite of patented technologies currently bein...

Shyam Metalics and Energy reported a 12 percent increase in consolidated net profit to INR 433.2 crore (USD 56 million) in Q4 FY22 ended March 31, 2022, on a 22 percent increase in net sales to INR 2,...

Kobe Steel Ltd, Japan's third-largest steelmaker, plans to sell one million tons of low-carbon steel per year by 2030, in line with a global push toward decarbonization, according to its president. C...

The rapid rise in European steel prices slowed in late April and early May, owing to Russia's invasion of Ukraine. As a result of the initial panic buying, stocks were depleted throughout the supply c...

According to The Guardian, the firm said on April 8 that it will slash 160 positions at a facility in Stocksbridge, South Yorkshire, and 45 jobs in West Bromwich, West Midlands, as it shifted operatio...