India’s Steel Output Surges in FY 2025–26 as Exports Jump and Imports Decline *India’s crude steel production reached an estimated 168.4 million metric tons in fiscal year 2025–26, marking a 10.7% year-on-year increase*, according to a statement from the Ministry of Steel on Ap...
Kazakhstan and China Plan $1.2 Billion Steel Plant to Boost Industrial Capacity Kazakhstan and China are moving forward with plans to construct a *$1.2 billion steel plant with an annual capacity of up to 3 million tons*, as part of efforts to expand industrial production and att...
CBAM Weighs Heavily on Ukraine’s Steel Sector, Export Losses Mount The European Union’s Carbon Border Adjustment Mechanism (CBAM) is already exerting a *significant negative impact on Ukraine’s steel industry*, with *more than 1.1 million tons of export orders lost i...
U.S. Cancels Antidumping Review on Swiss Steel Tubing Amid Lack of Imports The US Department of Commerce has rescinded its *administrative review of antidumping duties on cold-drawn mechanical tubing from Switzerland*, citing *no import activity during the review period*. T...
Brazilian Slab Exports Drop 63% in March as Supply Shifts Domestically Brazil’s slab exports declined sharply in March, falling *63% month-on-month to 297,600 tons*, according to figures released by Secex. Exports to the United States dropped significantly, from *536,90...
Egypt Imposes Three-Year Safeguard Duties on Flat Steel Imports Egypt has announced the imposition of *final safeguard duties on imports of flat steel products*, including *hot-rolled coil (HRC), cold-rolled coil (CRC), hot-dip galvanized (HDG), and pre-painted ga...
EU Sets First CBAM Certificate Price at €75.36 for Q1 2026 The European Commission has announced the *first official Carbon Border Adjustment Mechanism (CBAM) certificate price*, setting it at *€75.36 for the first quarter of 2026*. The pricing is based on t...
Thailand Steel Prices Set to Rise 10–15% Amid Mounting Cost Pressures Thailand’s steel industry has announced that *prices across all product categories are expected to increase by 10–15% in April*, driven by *rising energy, logistics, and raw material costs*. Accordin...
U.S. Assigns Zero Dumping Margin to POSCO in Wire Rod Review The US Department of Commerce has announced the *final results of its antidumping duty review on carbon and alloy steel wire rod imports from South Korea*, covering the period from *May 1, 2023, to Ap...
UK Tightens Steel Import Controls, Expands Safeguards to New Product Categories The UK Government has introduced *new steel trade measures*, including *expanded safeguard coverage and stricter import quotas*, aimed at protecting domestic producers. Under the new framework, effec...
ArcelorMittal Completes $1.13 Billion Renewable Energy Investment in Brazil ArcelorMittal has announced the completion of *$1.13 billion in renewable energy investments in Brazil*, marking a major milestone in its *energy transition strategy*. The projects—spanning *wind and...
U.S. Sets Final Antidumping Duty at 18.87% on Turkish Rebar The US Department of Commerce has announced the *final results of its antidumping duty (AD) review on steel rebar imports from Turkey*, confirming that certain exporters *sold products below normal va...