Baosteel Holds Hot-Rolled Coil Prices Steady Amid Weak Demand *Baoshan Iron & Steel (Baosteel)*, a subsidiary of *China Baowu Steel Group*, has *maintained current prices* for hot-rolled coil (*HRC*) for domestic sales in October, amid *weak domestic demand* and...
UK’s New Defense Strategy Puts Domestic Steel at the Heart of National Security The UK government has unveiled its *Defence Industrial Strategy (DIS) 2025*, a major policy shift that places *UK steel at the core of national security*. For the first time, procurement reforms will ...
India Plans 30% Export Tax on Low-Grade Iron Ore The Indian government is working toward the *imposition of a 30% export tax on low-grade iron ore* by *October 2025*, according to government sources. The move aims to *promote domestic value additio...
South Korea Imposes Provisional Antidumping Duties on HRC from China and Japan South Korea’s Ministry of Trade, Industry and Energy has announced the decision to *impose provisional antidumping duties on hot-rolled coil (HRC) from China and Japan*, following recommendations from...
Germany’s SHS Group Secures Green Hydrogen Supply Deal for Power4Steel Project *Germany’s SHS Group (Stahl-Holding-Saar)* has taken a major step in *steel decarbonization* by signing a long-term agreement with French energy company *Verso Energy* to supply certified *green hydro...
Australia Launches Anticircumvention Inquiry into HSS Imports from Four Countries The *Australian Antidumping Commission* has initiated an *anticircumvention inquiry* into imports of *hollow structural sections (HSS)* from *China, South Korea, Malaysia, and Taiwan*. The inquiry fo...
Canada Invests C$100,000 in Western Steel Works Facility Upgrade The *provincial government of Newfoundland and Labrador in Canada* has announced a *C$100,000 investment* from the Innovation and Business Development Fund to support upgrades at *Western Steel Works ...
US Assigns Final AD Duty on Mexican OCTG The *US Department of Commerce (DOC)* has finalized the *antidumping review* of *oil country tubular goods (OCTG)* from Mexico (May 2022–Oct 2023). *Tubos de Acero de Mexico, S.A. (TAMSA):* Assigned...
US Issues Final AD Results on Rebar Imports from Mexico The *US Department of Commerce (DOC)* has released the *final results* of its *antidumping review* of *rebar imports from Mexico* (Nov 2022–Oct 2023). *Deacero Group:* Found to have a *32.05% dumpin...
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 ...
