Assofermet Warns New EU Steel and Aluminum Measures Risk Industry Survival *Assofermet*, the Italian association for steel and metals trade, has issued a *warning* that *new EU measures*, including the *CBAM implementation and potential safeguard measure extensions*, could p...
UK Steel Warns Power Prices Threaten Competitiveness, Calls for CfD Contracts UK Steel has warned that *UK steelmakers face electricity costs up to 25% higher than EU rivals*, risking competitiveness despite government relief measures. Average power prices for 2025-26: *UK:*...
US Assigns Zero Dumping Margin for LD Welded Pipe from Turkey The *US Department of Commerce* has concluded its review of *antidumping duties on large-diameter welded pipe from Turkey* (May 1, 2023 – April 30, 2024). The DOC determined that *HDM Celik Boru Sana...
John Cockerill India Wins $9 Million Contract from Tata Steel *John Cockerill India Limited* has secured a *$9 million contract* from *Tata Steel Limited* to supply *pickling and acid regeneration plants (ARP)* for its *Jamshedpur Tinplate Division*. The compan...
India’s Proposed 30% Export Tax on Low-Grade Iron Ore Splits Miners and Steelmakers India plans to impose a *30% export tax on low-grade iron ore fines* by October 2025 to boost *domestic value addition* and ensure *raw material availability* for local mills. The *Goa Mineral Ore Ex...
Germany Pushes EU to Delay Phaseout of Free Carbon Allowances for Heavy Industry *Germany is lobbying the European Union* to delay the *phaseout of free carbon allowances* under the EU’s *Emissions Trading System (ETS)*, citing *high energy costs and deindustrialization risks*. T...
Steel Dynamics Forecasts Stronger Q3 Earnings and Operations *Steel Dynamics (SDI)* has projected *Q3 2025 earnings* between *$2.60 and $2.64 per diluted share*, up from *$2.01 in Q2* and *$2.05 in Q3 2024*. The company expects *steel operations to outperform ...
German Steel Industry Welcomes Energy Transition Plan but Warns of High Power Costs Germany’s Federal Ministry of Economic Affairs and Energy has unveiled its latest *energy transition monitoring report*, outlining *seven key areas* to make the transition cost-efficient while safegua...
US Issues Preliminary Results of AD Review on Large-Diameter Welded Pipe from Canada The *US Department of Commerce (DOC)* has released its *preliminary results* from the administrative review of the antidumping duty order on *large-diameter (LD) welded pipe from Canada* for the perio...
Indian Steel Sector Urged to Accelerate Green Transition in Response to CBAM With the EU’s *Carbon Border Adjustment Mechanism (CBAM)* on the horizon, Indian steel producers are being urged to *act quickly* to reduce their carbon footprints. Failure to adapt could result in *...
EU’s CBAM Poses Bigger Threat to Indian Steel Industry than US Tariffs Industry experts have clarified that the *recent US tariffs on certain steel products* will have *minimal impact* on India’s steel sector. Instead, the *European Union’s Carbon Border Adjustment Mecha...
Turkish Steel Market Finds Opportunities Amid High Interest Rates and Trade Barriers At a recent industry meeting in *Kocaeli, Turkey*, market participants expressed cautious optimism about the coming period for the steel sector. Despite challenges such as *high interest rates* and *...
