CISA Calls for Halt to New Steel Capacity Additions Amid Industry Adjustment At the *16th High-Quality Development Conference* of the *Steel Industry* in Beijing, *Jiang Wei*, Vice President and Secretary General of the *China Iron and Steel Association (CISA)*, emphasized the...
Trump's Potential Flexibility on Reciprocal Tariffs Boosts US Stocks US stocks surged following reports that President *Donald Trump* may adopt a more *measured approach* to his proposed *reciprocal tariffs* set to take effect on *April 2*. Initially, the tariffs were ...
Brazil's Finished Steel Trade Shows Volume Deficit but Value Surplus in February Brazil's finished steel trade recorded a *volume deficit* but a *value surplus* in *February 2025*, according to data from the *Secretariat of Foreign Trade (SECEX)*. In February, Brazil exported *22...
Vietnam's Steel Production Declines in Early 2025, While Sales Show Strong Growth Vietnam's steel industry saw a *decline in steel production* during the first two months of 2025, while *sales* experienced a significant increase. According to the *Vietnam Steel Association (VSA)*, ...
India's Steel Imports Could Be Halved in FY2025/2026 with Proposed Safeguard Duty: ICRA India’s steel imports are expected to decrease by *50%* in the *2025/2026 fiscal year* if the government implements a *12% safeguard duty* for 200 days, according to a report from the Indian credit ra...
Salzgitter Reports Weak German Economy and Export Uncertainty Amid Energy Prices and Imports Salzgitter Group has expressed concerns about the ongoing challenges faced by the German steel industry, citing the weakening German economy and rising uncertainty in export markets due to growing ten...
Oleksandr Dunaysky: Infrastructure Reconstruction Boosts Demand for Steel Structures in Ukraine In a recent interview, *Oleksandr Dunaysky*, Director of the Steel Structures Division at *Metinvest-SMC*, emphasized that *Ukraine’s large-scale infrastructure reconstruction* is now the *main driver...
EU’s Renewable Energy Share Rises to 46.9% in 2024, Strengthening Green Transition Goals The share of *renewable energy in the EU’s electricity mix climbed to 46.9% in 2024*, according to preliminary estimates. This marks a significant rise from 44.4% in 2023, reflecting the bloc’s accele...
Blastr Green Steel's Finnish Plant Advances with Environmental Approval Blastr Green Steel has achieved a significant milestone for its proposed low-emission steel plant in Inkoo, Finland, by successfully completing the Environmental Impact Assessment (EIA) process. This ...
Ukraine's Steel Trade Strengthens in February: Flat Imports Rise, Long Exports Surge Ukraine’s steel industry showed positive movement in February 2024, with notable increases in both *flat product imports* and *long product exports*, reflecting a recovering market and growing trade a...
Federacciai Criticizes EU Steel Plan, Highlights Key Uncertainties *The European Commission's "European Steel and Metals Action Plan,"* presented on March 18, aims to shape the future of the steel sector amid ecological transitions and global challenges. However, *Fe...
JFE Steel Subsidiary Acquires Maruhachi Steel Pipe to Strengthen Market Position *JFE Shoji Steel Pipe & Tube Co., Ltd*, a subsidiary of Japanese steel producer *JFE Steel Corporation*, has announced the acquisition of *Maruhachi Steel Pipe Co., Ltd.*, a prominent steel pipe manuf...
