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Metinvest Allocates UAH 8.4 Billion to Support Ukraine Over Three Years of War
Metinvest, one of Ukraine’s leading steel producers, has announced a significant commitment of UAH 8.4 billion in support of Ukraine over the past three years of ongoing conflict. This substantial inv...
Feb 25, 2025
0 1360


Steelmakers Propose Monthly Global Hot-Rolled Steel Quota to the European Commission
Industry players are calling on the European Commission to consider implementing a monthly global quota for hot-rolled steel, as reported by Argus. This proposal comes amid concerns over market volati...
Feb 25, 2025
0 1318


Turkish Steel Company Eyes Acquisition of Liberty Steel Dudelange
A potential acquisition in the European steel sector is drawing considerable attention as a Turkish steel company is reportedly exploring the purchase of Liberty Steel Dudelange. According to recent r...
Feb 25, 2025
0 1432


Vietnam Imposes Temporary Anti-Dumping Duties on Chinese HRC Steel to Protect Local Industry
The Vietnamese government has taken action to safeguard its domestic steel market by imposing temporary anti-dumping duties on hot-rolled coil (HRC) steel imports from China. This move comes amid grow...
Feb 25, 2025
0 1394


US Raw Steel Production Falls 0.7% Week-on-Week Amid Market Fluctuations
Recent industry data indicates that US raw steel production declined by 0.7% compared to the previous week. This modest drop reflects ongoing adjustments in the sector as producers navigate evolving m...
Feb 25, 2025
0 1173


Steel consumption in 2024 "better-than-expected" in Chile
The apparent consumption of steel products in Chile has reached 2.371 million mt in 2024, 0.7 percent less than in 2023, according to the country's steel institute, ICHA. The institute added that, des...
Feb 24, 2025
0 1475


UK maintains AD duties on corrosion-resistant steel from China
The UK government has approved the UK Trade Remedies Authority's (TRA) proposal to maintain the existing antidumping measures on imports of corrosion-resistant steel from China for five years until at...
Feb 24, 2025
0 1244


China's Hengyang Valin Steel Pipe invests in new HR production line
Hunan-based Chinese steelmaker Hengyang Valin Steel Pipe has ordered from Italian plantmaker Danieli a new hot rolling line with an annual capacity of 800,000 mt to be installed in its Hengyang plant....
Feb 24, 2025
0 1461


EU may further limit steel imports following US tariff decision
The European Union is considering further limiting quotas on steel imports to protect its domestic steelmakers, following the US decision to impose 25 percent additional tariffs on steel imports from ...
Feb 24, 2025
0 1412


Demand for Brazilian slabs from the US has increased following the rise in import tariffs
According to sources, the demand for Brazilian slabs from steel companies in the US has risen recently, despite the increase in import tariffs imposed by the US authorities. Analysts have identified t...
Feb 24, 2025
0 1116


Vietnam imposes provisional AD duty on HRC from China
Vietnam's Ministry of Industry and Trade (MOIT) has announced that it has decided to impose preliminary antidumping duty on hot rolled steel products imported from China following an investigation. Th...
Feb 24, 2025
0 1293


India discusses protecting small steel consumers from safeguard duties
The government is working to offer such consumers a support system The Indian government is discussing ways to protect the steel-using micro, small and medium-sized enterprises (MSMEs) sector from th...
Feb 21, 2025
0 1006
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