US Steelmakers Urge Stronger Trade Enforcement to Address Global Overcapacity At the annual *State of Steel hearing in the US Congress*, senior US steel executives called for *stronger trade enforcement measures* amid persistent global overcapacity. *Barry Schneider, President...
US Sets Preliminary Subsidy Rates on Rebar Imports from Vietnam, Egypt and Algeria *The US Department of Commerce (DOC) has issued preliminary countervailing duty results on rebar imports from Vietnam, Egypt and Algeria*, covering the review period from *January 1 to December 31, 20...
China Establishes Working Group to Accelerate Rare Earth Steel Applications *China has set up a new working group to promote the development and large-scale application of rare earth steel*, according to the *China Iron and Steel Association (CISA)*. The working group was fo...
India’s Stainless Steel Semi-Finished Imports Rise 22% in 2025 as Slab Volumes Surge *India’s imports of semi-finished stainless steel rose 22% year-on-year in calendar year 2025*, reaching *665,000 tonnes*, driven primarily by a sharp increase in slab imports, according to market dat...
Tata Steel Nederland Launches Sustainable Packaging Steel Line Using TCCT Technology *Tata Steel Nederland has commissioned a new production line for packaging steel*, marking a significant step toward *more sustainable and regulation-ready steel production*. The new line utilizes th...
Yongjin Technology Group to Invest RMB 2.66 Billion in Green Stainless Steel Project *Yongjin Technology Group Co., Ltd., a stainless steel producer based in China’s Zhejiang Province, has announced plans to invest RMB 2.658 billion (approximately $0.38 billion)* in the construction o...
Vale Targets 2026 Investment Decision on $5 Billion Green Steel Hub in Oman Brazilian mining giant *Vale is moving toward a final investment decision in 2026 on a $5 billion low-carbon steel mega hub in Oman’s Duqm Special Economic Zone*, according to media reports. The proj...
Turkey, Malaysia Move to Diversify Stainless Steel Supply Chains Turkey’s *Stainless Industrialists and Business Association (PASID) has signed a memorandum of understanding with Malaysia-based Bahru Stainless*, aiming to diversify supply sources for the Turkish st...
UK Considers Narrowing Antidumping Probe on Heavy Plate From South Korea The UK’s *Trade Remedies Authority (TRA) is considering narrowing the scope of its antidumping investigation into heavy plate imports from South Korea*, following submissions from exporters and UK imp...
JFE Steel Cuts Fire-Resistant Coating Thickness on H-Beams by 40% Japan’s *JFE Steel has developed a new construction method that reduces fire-resistant coating thickness on H-shaped steel beams by up to 40 percent*, addressing labor shortages and rising constructio...
Trump Threatens 25% Tariff on Countries Trading With Iran US President *Donald Trump announced a blanket 25 percent tariff on all US-bound trade from countries that continue doing business with Iran*, warning that the measure would take effect immediately. T...
Goldman Sachs Forecasts Extended Weak Profitability for Chinese Steelmakers *Goldman Sachs expects Chinese steel producers to face a prolonged period of weak profitability*, citing slow progress in capacity reduction and persistently high export volumes, according to a Bloomb...