China Tightens Steel Capacity Replacement Rules to Reinforce Industry Restructuring China’s *Ministry of Industry and Information Technology (MIIT)* has introduced stricter capacity replacement measures for the country’s steel industry, aiming to strengthen market balance and prevent...
Tata Steel Expands Value-Added Steel Strategy to Reduce Exposure to Market Volatility Indian steel producer *Tata Steel Limited* plans to increase the share of value-added steel products in its portfolio to *60%*, aiming to reduce exposure to volatile commodity steel pricing and raw ma...
India’s Ferrous Scrap Imports Fall 20% in FY2026 as Domestic Supply Strengthens India’s ferrous scrap imports declined sharply during fiscal year 2025–26, falling by *20% year on year*, as domestic scrap availability improved and cheaper local alternatives reduced dependence on i...
SEAISI Forecasts Stronger ASEAN Steel Demand in 2026 Amid Import Pressure and Energy Risks The *Southeast Asia Iron and Steel Institute (SEAISI)* expects steel demand across ASEAN to continue growing in 2026, although the region faces rising pressure from imports and geopolitical uncertaint...
India-UK Free Trade Deal Faces Delay Over New British Steel Import Restrictions Implementation of the *India–UK Free Trade Agreement* has encountered new challenges after the *United Kingdom* introduced tighter safeguard measures on steel imports. According to *Rajesh Agarwal*, ...
UNESID Calls for Stable and Balanced Steel Trade Between EU and UK Spanish steel association *UNESID* has called on the *European Union* and the *United Kingdom* to maintain *open, balanced, and coordinated steel trade relations*, as both sides face mounting pressure...
EU Lawmakers Push for Special CBAM Rules for Ukraine Amid Wartime Challenges Members of the *European Parliament* are calling on the *European Commission* to introduce special treatment for *Ukraine* under the *Carbon Border Adjustment Mechanism (CBAM)*. The issue was raised ...
India’s Iron Ore Exports Jump Nearly 40% in April on Stronger Chinese Demand India’s iron ore and pellet exports recorded a sharp recovery in April 2026, supported by stronger buying from *China* and improving shipping conditions. According to market data from BigMint, India ...
Morocco Extends Safeguard Duties on Hot Rolled Coil Imports Until 2029 Morocco’s Ministry of Industry and Trade has officially decided to extend safeguard measures on *hot rolled coil (HRC) imports* for an additional *three years*, following the completion of its sunset ...
Brazil Confirms Preliminary Dumping on Stainless Steel Imports from China, India and Indonesia Brazil’s foreign trade authorities have issued an *affirmative preliminary antidumping determination* on imports of *hot rolled stainless steel flat products* from *China, India, and Indonesia*. The ...
US Finds No Meaningful Subsidies on South Korean OCTG Imports The *US Department of Commerce (DOC)* has announced preliminary results in its *countervailing duty review* of *oil country tubular goods (OCTG) from South Korea*. The review covers *January 1, 2023 ...
US Assigns 30.92% Preliminary Dumping Margin on Indian Stainless Steel Bar Imports The *US Department of Commerce (DOC)* has issued preliminary results of its *antidumping review* on *stainless steel bar imports from India*. The review covers the period between *February 1, 2024 an...
