U.S. Assigns Zero Dumping Margin to South Korean OCTG Producers in Final Review The *U.S. Department of Commerce (DOC)* has released the *final results of its administrative review* of the *antidumping duty order* on *certain oil country tubular goods (OCTG)* from *South Korea*, ...
Trump to Double Steel Tariffs to 50%, Sparks Global Backlash In a dramatic escalation of trade protectionism, *U.S. President Donald Trump announced a sharp increase in Section 232 tariffs on steel and aluminum imports*, raising them from *25% to 50%*, effectiv...
India Enforces ‘Melt and Pour’ Rule to Mandate Use of Fully Domestic Steel in Government Projects In a significant policy shift aimed at boosting self-reliance in the steel sector, the *Indian government has revised its Domestically Manufactured Iron & Steel Policy 2025*, introducing a stringent *...
Indian Passenger Car Market Shows Mixed Signals in May; Sales Dip for Hyundai, Tata *India's passenger car sales in May* reflected a *mixed performance with a negative bias*, as leading automakers reported varied figures for the month, according to data released on Monday. *Maruti S...
Hecate Energy, Tosyalı Algerie, and Sonatrach Launch Major Green Hydrogen Initiative in Algeria In a significant move toward sustainable industrial development, *US-based Hecate Energy*, *Algerian steelmaker Tosyalı Algerie*, and state-owned energy giant *Sonatrach* have announced a strategic pa...
India’s NMDC Aims for Record 55 Million mt Iron Ore Output in FY 2025–26 *India’s state-owned miner NMDC Limited is targeting iron ore production of 55.40 million metric tons (mt) in fiscal year 2025–26*, the company announced in a statement issued alongside its financial ...
Outokumpu Partners with Grundfos to Advance Decarbonization with Green Steel *Finland’s stainless steel leader Outokumpu has signed an agreement with Denmark-based water technology company Grundfos* to supply its *green stainless steel, Circle Green®*, for use in Grundfos’ pro...
CISA Reports Limited Steel Price Movement in China Amid Seasonal Shift *Steel prices in China fluctuated within a narrow range in May*, according to the *China Iron and Steel Association (CISA)*, as the market transitioned from the traditional peak season to the summer o...
Kazakhstan Plans Temporary Ban on Semi-Finished Steel Exports *Kazakhstan’s Ministry of Industry and Construction has proposed a six-month ban on the export of semi-finished steel products*, specifically those falling under *HS codes 7206 and 7207*, according to...
US to Maintain Antidumping Duties on Stainless Steel Pressure Pipe from Malaysia, Thailand, and Vietnam *The US Department of Commerce (DOC) has announced it will continue antidumping (AD) duties* on *welded stainless steel pressure pipe (WSSPP) from Malaysia, Thailand, and Vietnam*, following the final...
US Confirms Continuation of AD/CVD Orders on Chinese Stainless Pressure Pipe *The US Department of Commerce (DOC) has announced it will maintain antidumping (AD) and countervailing duty (CVD) orders* on *circular welded austenitic stainless pressure pipe (WSPP) from China*, fo...
Federal Court Blocks Trump’s Universal Tariffs, Calls Them Unlawful *The US Court of International Trade has unanimously ruled that former President Donald Trump’s baseline and reciprocal tariffs are “unlawful”*, effectively halting their implementation. The decision ...
