First round of steel import quotas was not entirely used in Brazil The Brazilian foreign trade authority, SISCOMEX, unveiled the list of the utilization by importers of the quotas for import of steel products that could clear customs at normal import tax rates. From ...
Australia lowers forecast for coking coal exports for FY2024/2025 It is expected that prices for this raw material will fluctuate at the level of $200/t until 2026 Australia has cut its forecast for coking coal exports for the 2024/2025 fiscal year (ending in June 2...
UK divides import quota for hot-rolled steel Total volume of the quota for the two subcategories will be 3.3 million tons per year The UK government has approved the recommendation of the Trade Remedies Authority (TRA) to split the import quota ...
Chinese imports affect the profitability of Indian steel companies Import prices for Chinese steel products are much lower than domestic ones The influx of cheaper Chinese steel has had a significant impact on the profitability of Indian steel companies, BigMint rep...
Vale and Green Energy Park close partnership to produce green hydrogen in Brazil Vale and Green Energy Park (GEP) announced a partnership to offer decarbonization solutions for the global steel sector. The companies will develop feasibility studies for the set-up of a green hydrog...
Canada's Algoma Steel announces fiscal second quarter 2025 guidance Canada-based steel producer, Algoma Steel, has announced guidance for its fiscal second quarter ending September 30, 2024, of the fiscal year 2024-25. Fiscal 2025 second quarter total steel shipments ...
ERC 2024: Import and export regulations causing raw material "nationalization" On the occasion of their 10th anniversary, EuRIC, the association representing European recycling companies, lately organized the 6th European Recycling Conference (ERC) in Milan, Italy. The conferenc...
Wabash and Steel Dynamics announce 10-year partnership US-based Wabash, the leader of connected solutions for the transportation, logistics, and distribution industries, announced a 10- year partnership with Steel Dynamics, a leading steel producer and re...
India launches AD probe into ex-China imports of CR non-oriented electrical steel India has launched an antidumping (AD) investigation into cold rolled non-oriented electrical steel from China, government sources said on Tuesday, citing official orders. An investigation has been in...
Sweden's Stegra to establish pelletizing plant for green steel production Sweden-based Stegra, formerly known as H2 Green Steel, Port of Narvik and Kaunis Iron have inked an agreement to explore the possibility of building a pelletizing plant at the former airport near the ...
Spain's Hydnum Steel and Knauf Interfer to create green steel supply network Spain-based Hydnum Steel has announced that it has signed a memorandum of understanding (MOU) with Europe-based steel processing and distribution company Knauf Interfer, to collaborate on the supply o...
EEC launches AD sunset review on corrosion-resistant seamless pipes from China The Department of Internal Market Protection of the Eurasian Economic Commission (EEC) has announced that it has decided to launch a sunset review on the antidumping duty on corrosion-resistant seamle...
