India to Approve $570 Million Fund for Green Steel Incentives The *Indian government* is close to approving a *$570 million corpus* to provide *fiscal incentives* for sustainable steel production. *Target beneficiaries:* Secondary steel producers (half of Indi...
India Sets Up Advisory Committee to Boost Domestic Iron Ore Output The *Indian government* has formed an *advisory committee* to propose reforms aimed at raising *domestic iron ore production* to meet its *2030 steel target of 300 million mt*. The committee, headed ...
Indonesia Launches Antidumping Probe on Chinese HRC Imports The *Indonesian Antidumping Committee* has initiated an *antidumping duty (AD) investigation* into hot rolled coils (HRC) imported from *Wuhan Iron & Steel (Group) Co. of China*. The probe follows a ...
Indonesia Launches Anti-Dumping Investigation Into Chinese HRC Imports *Indonesia’s Ministry of Trade* has opened an *anti-dumping investigation* into imports of *hot-rolled coil (HRC)* produced by *China’s Wuhan Iron & Steel*. The probe will determine whether these impo...
China’s CSCEC Wins Three Major Infrastructure Projects in North Africa The *China State Construction Engineering Corporation (CSCEC)* has been awarded *three large-scale infrastructure contracts* across *North Africa*, strengthening its footprint in the region. These pro...
Severstal Commissions Gas Cleaning System for EAF No. 5 Russian steelmaker *Severstal* has commissioned a *new gas cleaning system* at its *Electric Arc Furnace (EAF) No. 5* in Cherepovets. The facility is designed to *capture up to 99% of dust and gas emi...
Global Long Steel Market Faces Pressure from Asian Exports and Protectionism According to IREPAS, the global *long steel products market* is under “very strong pressure,” with *weak demand* leading to production cutbacks and margin erosion. Flooding of imports from *China and ...
Brazilian Pig Iron Exports Stall at $400–410/t Amid U.S. Tariff Uncertainty In July 2025, *Brazilian pig iron export prices* hovered at *$400–410 per tonne*, as the industry retreated amid uncertainty over a proposed *50% U.S. import tariff*. Although pig iron ultimately *rem...
Stegra Secures Logistics Deals with Skellefteå & Umeå Ports Ahead of 2026 Green Steel Startup Sweden’s green steel pioneer *Stegra* has signed logistics agreements with the *Ports of Skellefteå and Umeå* to support its upcoming plant in Boden. Under the terms, port operator *Rauanheimo* will m...
Marcegaglia Raises Pipe Prices and Adds €20/t Surcharge Amid Rising Raw Material and Logistics Costs Italian steelmaker *Marcegaglia* has updated its price list for *carbon pipes*, reflecting higher costs in logistics and raw materials, especially hot-dip galvanized coil. The company introduced a *€2...
ESMC Calls for CBAM Coverage of Solar Products to Ensure Fair Trade The *European Solar Manufacturing Council (ESMC)* has called on the European Commission to extend the *Carbon Border Adjustment Mechanism (CBAM)* to downstream solar products such as *modules, mountin...
HRC Prices Mixed Worldwide in August Amid Varied Regional Demand In *August 2025*, hot-rolled coil (HRC) prices exhibited divergent trends across key regions: *Europe*: Prices rose 1.9–6.5%, depending on the market—Western Europe saw offers at *€570/t ex-works* (...
