India and South Korea Target $50 Billion Trade by 2030 India and South Korea have agreed to deepen economic cooperation with a goal of increasing bilateral trade to *$50 billion by 2030*. The two countries will resume negotiations to upgrade their existi...
Industeel Supplies Specialty Steel for Sagrada Familia Expansion France-based steel plate producer *Industeel*, part of the ArcelorMittal Group, has supplied high-performance steel plates for the ongoing construction of Spain’s iconic *Sagrada Familia* basilica. T...
Jindal Stainless Enters Retail Market With Launch of Stainless Steel Rebars India’s Jindal Stainless Limited (JSL) has made its first move into retail sales of stainless steel rebars, launching a trial initiative in the northern state of Punjab. The new product line, branded...
US Renews Trade Orders on Electrical Steel From Six Countries The US Department of Commerce (DOC) has announced final results of sunset reviews on trade orders covering *non-oriented silicon steel (NOES)* from six countries. The DOC concluded that removing the ...
EU Approves €3.8 Billion German Aid Scheme for Energy-Intensive Industries The European Commission has approved a *€3.8 billion German state aid program* designed to support energy-intensive industries through temporary electricity price relief. The scheme will run from *Ja...
Outokumpu Supports New EU Steel Safeguard Framework Finland-based stainless steel producer *Outokumpu* has welcomed the European Union’s new steel safeguard measures, saying the updated framework offers stronger protection against global overcapacity, ...
US Finds Zero Dumping Margin on South Korean Cut-to-Length Plate The US Department of Commerce (DOC) has released the final results of its antidumping duty administrative review on carbon and alloy steel cut-to-length plate imports from South Korea. The review cov...
India’s Competition Watchdog Finds Seven Steel Bodies in Anti-Trust Probe India’s Competition Commission of India (CCI) has found *seven regional steel industry associations* in violation of anti-trust rules during a wider investigation into alleged price fixing. According...
John Cockerill India Wins $32 Million Galvanizing Line Contract from JSW John Cockerill India has secured a *$32 million contract* to supply a continuous galvanizing line to *JSW Steel Coated Products Limited*. The new line will be installed at JSW’s *Khopoli facility in ...
IMF Cuts 2026 Global Growth Forecast as Geopolitical Risks Rise The International Monetary Fund (IMF) has lowered its global growth outlook for 2026, citing intensifying geopolitical tensions, trade disruptions, and market volatility. In its April 2026 World Econ...
US Keeps Trade Orders on Chinese OCTG After Sunset Review The US Department of Commerce (DOC) has announced final results of sunset reviews on antidumping and countervailing duty orders covering certain *oil country tubular goods (OCTG)* from China. The DOC...
Thailand Orders Closure of BNS Steel Over Regulatory and Environmental Violations Thailand’s Department of Industrial Works has ordered the closure of *BNS Steel Group Co., Ltd.*, citing multiple legal, operational, and environmental violations. The company, with annual production...
