Trump May Soften Stance on Reciprocal Tariffs, Boosting U.S. Steel Stocks As discussions continue around the implementation of *reciprocal tariffs on U.S. trading partners*, former President *Donald Trump* has hinted at the possibility of granting *exceptions* to certain co...
UK Explores Linking Its ETS to the EU Carbon Market for Greater Climate Alignment The UK government is evaluating the possibility of *linking its Emissions Trading System (UK ETS) with the EU’s ETS*, potentially creating a more unified and efficient carbon market across Europe. *W...
India’s BMW Industries to Invest $92 Million in Greenfield Steel Complex in Jharkhand India's *BMW Industries Limited (BIL)* has announced plans to invest *$92 million* in a *greenfield downstream steel complex* in *Bokaro*, located in the eastern state of *Jharkhand*. The project, set...
Turkish Steel Market Faces Uncertainty Amid Decline in Key Industries Turkey's steel market began 2025 with strong performance levels, reflecting the high rates achieved in the previous year. However, significant challenges remain, with several factors threatening the f...
IIT Mumbai and John Cockerill Group Partner to Drive Steel Industry Decarbonization In a significant step towards *sustainability*, *John Cockerill Group* from *Belgium* and the *Indian Institute of Technology (IIT), Mumbai* have signed a *memorandum of understanding (MoU)* to collab...
CISA Calls for Halt to New Steel Capacity Additions Amid Industry Adjustment At the *16th High-Quality Development Conference* of the *Steel Industry* in Beijing, *Jiang Wei*, Vice President and Secretary General of the *China Iron and Steel Association (CISA)*, emphasized the...
Trump's Potential Flexibility on Reciprocal Tariffs Boosts US Stocks US stocks surged following reports that President *Donald Trump* may adopt a more *measured approach* to his proposed *reciprocal tariffs* set to take effect on *April 2*. Initially, the tariffs were ...
Brazil's Finished Steel Trade Shows Volume Deficit but Value Surplus in February Brazil's finished steel trade recorded a *volume deficit* but a *value surplus* in *February 2025*, according to data from the *Secretariat of Foreign Trade (SECEX)*. In February, Brazil exported *22...
Vietnam's Steel Production Declines in Early 2025, While Sales Show Strong Growth Vietnam's steel industry saw a *decline in steel production* during the first two months of 2025, while *sales* experienced a significant increase. According to the *Vietnam Steel Association (VSA)*, ...
India's Steel Imports Could Be Halved in FY2025/2026 with Proposed Safeguard Duty: ICRA India’s steel imports are expected to decrease by *50%* in the *2025/2026 fiscal year* if the government implements a *12% safeguard duty* for 200 days, according to a report from the Indian credit ra...
Salzgitter Reports Weak German Economy and Export Uncertainty Amid Energy Prices and Imports Salzgitter Group has expressed concerns about the ongoing challenges faced by the German steel industry, citing the weakening German economy and rising uncertainty in export markets due to growing ten...
Oleksandr Dunaysky: Infrastructure Reconstruction Boosts Demand for Steel Structures in Ukraine In a recent interview, *Oleksandr Dunaysky*, Director of the Steel Structures Division at *Metinvest-SMC*, emphasized that *Ukraine’s large-scale infrastructure reconstruction* is now the *main driver...
