US Merchant Bar Exports Fall Sharply in August 2025 *US exports of merchant bar (light-shaped bar)* saw a *notable decline in August 2025*, continuing trends of volatility in North American steel trade. According to *export data from the US Department ...
Odisha Prepares to Auction 35 Mineral Blocks to Strengthen India’s Resource Supply Chain The eastern Indian state of *Odisha* has announced plans to *auction 35 mineral blocks next year*, reinforcing its role as one of the country’s most important *mineral-rich regions*. The move is aimed...
Turkey Imposes Anti-Dumping Duty on Chinese Cold-Rolled Stainless Steel Imports Turkey has officially imposed an *antidumping duty of 3.95% on cold-rolled stainless flat steel imports from China*, following the conclusion of an investigation conducted by the *Ministry of Trade’s ...
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...
