EU’s CBAM Poses Bigger Threat to Indian Steel Industry than US Tariffs Industry experts have clarified that the *recent US tariffs on certain steel products* will have *minimal impact* on India’s steel sector. Instead, the *European Union’s Carbon Border Adjustment Mecha...
Turkish Steel Market Finds Opportunities Amid High Interest Rates and Trade Barriers At a recent industry meeting in *Kocaeli, Turkey*, market participants expressed cautious optimism about the coming period for the steel sector. Despite challenges such as *high interest rates* and *...
US Confirms Final AD Margins for Welded Stainless Steel Pipe Imports from India In a move to regulate steel imports, the *US government* has *finalized antidumping (AD) margins* on *Welded Stainless Steel Pipe (WSPP)* products originating from *India*. This decision follows a co...
US Finalizes Antidumping Review on Circular Welded Pipes from South Korea The *US Department of Commerce* has announced the *final results* of its *antidumping (AD) duty review* on imports of *circular welded carbon steel pipes from South Korea*. The review focused on dete...
India Opens Its Largest Vehicle Scrapping Facility Near Delhi *Re Sustainability Limited (ReSL)* has officially inaugurated *India’s largest end-of-life vehicle (ELV) scrapping facility* near *Delhi*, marking a major milestone for the country’s recycling and sus...
Tata Steel Secures $9 Million Equipment Supply Deal with John Cockerill India *John Cockerill India* has been awarded a *$9 million (₹75 crore) supply contract* by *Tata Steel*, one of India’s largest steel producers. Under this agreement, John Cockerill India will deliver adva...
EU Vows Strong Action to Support Steel Industry & Jobs The *European steel industry* – a key part of Europe’s manufacturing chain – is facing *global overcapacity*, *high energy costs*, and *raw material shortages*. In her *State of the European Union* ad...
Algerian-Qatari Steel Secures $1.6 Billion Deals to Boost African Presence *Algerian-Qatari Steel (AQS)* has announced over *$1.6 billion* in strategic and commercial agreements during the *4th African Inter-Continental Trade Fair* in Algiers, strengthening its role as a lea...
South Korea Imposes Provisional Antidumping Duties on HRC from China and Japan South Korea’s Ministry of Trade, Industry and Energy has announced the decision to *impose provisional antidumping duties on hot-rolled coil (HRC) from China and Japan*, following recommendations from...
India’s $125-130B Infrastructure Push to Drive Steel Demand – Minister India is set to *invest $125–130 billion annually* in infrastructure to boost *domestic steel consumption*, according to Commerce and Industry Minister *Piyush Goyal* at the *Indian Steel Association ...
Baosteel Holds Hot-Rolled Coil Prices Steady Amid Weak Demand *Baoshan Iron & Steel (Baosteel)*, a subsidiary of *China Baowu Steel Group*, has *maintained current prices* for hot-rolled coil (*HRC*) for domestic sales in October, amid *weak domestic demand* and...
UK’s New Defense Strategy Puts Domestic Steel at the Heart of National Security The UK government has unveiled its *Defence Industrial Strategy (DIS) 2025*, a major policy shift that places *UK steel at the core of national security*. For the first time, procurement reforms will ...
