EUROFER Calls for Tougher EU-Origin Rules in Industrial Accelerator Act The European Steel Association (*EUROFER*) has urged the European Union to strengthen origin requirements under the proposed *Industrial Accelerator Act (IAA)*, warning that the current framework may ...
Canada Unveils $1.5 Billion Support Package for Steel Sector Amid US Tariff Pressure The Canadian government has announced a *$1.5 billion tariff support package* aimed at helping businesses impacted by US tariffs on products containing steel, aluminum and copper. The package include...
US Launches AD Investigations on Tin Mill Product Imports from China, Taiwan and Türkiye The US Department of Commerce has officially initiated antidumping duty (AD) investigations into imports of *tin mill products from China, Taiwan and Türkiye*, examining whether the products are being...
US DOC Issues Preliminary AD Results for Indian Welded Stainless Pipe Imports The US Department of Commerce (DOC) has released its preliminary results in the antidumping duty (AD) administrative review covering imports of *welded stainless pressure pipe (WSPP) from India* for t...
Baosteel Reports 8.6% Drop in Q1 Net Profit Despite Higher Revenue China’s leading steel producer *Baoshan Iron & Steel Co., Ltd.* reported weaker profitability in the first quarter of 2026, despite posting higher sales revenue. For the January–March period, the com...
India’s NMDC Raises Iron Ore Prices Effective May 6 India’s state-owned mining giant *NMDC Limited* has increased prices for iron ore lumps and fines effective *May 6, 2026*, according to market and company sources. Under the latest revision: Iron o...
Ukraine’s Rolled Steel Market Falls Up to 45% in Q1 2026 as Logistics Costs Surge Ukraine’s rolled steel market faced significant headwinds in the first quarter of 2026, with demand dropping sharply while transportation costs continued to climb, putting heavy pressure on distributo...
US Maintains Antidumping Orders on PC Strand From 15 Countries The US Department of Commerce (*DOC*) has issued final results of its sunset reviews on antidumping duty orders covering *prestressed concrete steel wire strand (PC strand)* imports from *15 countries...
WTO Reviews 38 Safeguard Cases, Steel Measures Dominate Discussions The World Trade Organization (*WTO*) Committee on Safeguards reviewed *38 safeguard actions* during its April 27 meeting, with steel-related measures accounting for a major share of discussions. Of t...
EU Warns of Response if US Raises Auto Tariffs to 25% The European Union has warned it is prepared to take action if the United States proceeds with plans to increase tariffs on EU car imports to *25%*. The warning follows comments by US President Donal...
EU Scrap Market Stabilizes in 2025 as Weak Steel Output Limits Demand The European Union’s scrap market showed signs of stabilization in 2025, although weak steel production continued to weigh on domestic demand. According to market estimates: *EU scrap demand fell 2...
Nucor Posts Strong Q1 2026 Earnings on Record Shipments US steelmaker *Nucor Corporation* reported strong first-quarter 2026 earnings, supported by record steel mill shipments and stronger pricing. *Q1 2026 Highlights** *Net earnings: $743 million* *Net...
