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...
EUROMETAL Calls for EU Steel Safeguards to Cover Downstream Products European steel distributors, processors, and manufacturers have urged the European Union to extend steel safeguard measures to downstream steel-based products, warning of growing deindustrialization r...
UAE’s AGSI Launches New Rebar Rolling Mill, Expands Capacity UAE-based steelmaker Arabian Gulf Steel Industries (AGSI) has officially started commercial production at its new rebar rolling mill, *HRM 3*, in Abu Dhabi. The new facility adds *600,000 metric tons...
India Introduces New Pricing Rules for Low-Grade Iron Ore to Support Steel Mills India’s Ministry of Mines has announced new pricing rules for low-grade iron ore in a move aimed at increasing raw material availability for domestic steel producers. The revised framework, introduce...
worldsteel Forecasts Global Steel Demand Recovery in 2026, Stronger Growth in 2027 The World Steel Association (worldsteel) has projected a gradual recovery in global steel demand over the next two years. According to its April 2026 Short Range Outlook report: *Global steel deman...
EU Reaches Provisional Deal on New Steel Protection Measures The Council of the European Union and the European Parliament have reached a provisional agreement on new trade measures designed to protect the EU steel sector from rising imports and global overcapa...
Vietnam’s Steel Imports Jump Nearly 45% in March Vietnam’s steel imports recorded a sharp monthly increase in March 2026, according to newly released customs data. The country imported *1.24 million metric tons of steel in March*, representing a *4...
US Finalizes Antidumping Duty on Spanish PC Strand Imports The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping duty (AD) order on prestressed concrete steel wire strand (PC strand) imports from S...
EU Moves to Close Rebar Quota Loophole Under Steel Safeguard Rules The European Commission has introduced new measures to stop circumvention of steel safeguard quotas involving rebar imports. According to the Commission, some rebar products traditionally imported un...
