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Global Steel Prices Slide as Demand Softens in 2025
Global steel prices have edged down by *3.05%* in the early months of 2025, reflecting a broad-based cooling in demand from key sectors such as construction and automotive manufacturing. The decline ...
Apr 11, 2025
0 1063
News


Vietnam Strikes Back Against Unfair Steel Imports with New Duties
Vietnam has moved decisively to protect its burgeoning steel industry, announcing *provisional anti-dumping duties* on galvanized steel imports from China and South Korea. The measure follows investig...
Apr 11, 2025
0 792
News


Trump-Era Steel Tariffs Cast Long Shadow Over U.S. Market
Nearly seven years after their introduction, the Trump-era *25% tariffs on steel imports* continue to reshape the American steel industry — and not entirely for the better. Originally implemented to ...
Apr 11, 2025
0 752
News


U.S. Steel’s $15 Billion Sale to Nippon Steel Faces Political Firestorm
A high-stakes international deal between Nippon Steel and U.S. Steel has run into fierce political opposition, casting doubt over the future of the $15 billion acquisition announced late last year. T...
Apr 11, 2025
0 740
News


Britain’s Steel Industry Faces Existential Threat as Last Blast Furnaces Risk Closure
The British steel industry is standing at a perilous crossroads as British Steel’s Scunthorpe plant, home to the UK’s last two operational blast furnaces, teeters on the brink of closure. If the furna...
Apr 11, 2025
0 771
News


EU Prepares Phased Response to US Tariffs: Countermeasures Set for April 9 Vote
*BRUSSELS, BELGIUM – April 9, 2025* — The *European Union* is finalizing its *phased response* to the *new US tariffs*, with *countermeasures* slated for a *vote on April 9*. *EU Trade Commissioner Ma...
Apr 10, 2025
0 801
News


UK Government Unveils Major Electricity Cost Relief for Steelmakers
*LONDON, UK – April 10, 2025* — The *British government has pledged significant financial support for domestic steelmakers* through a new electricity cost reduction initiative, reaffirmed at the *seco...
Apr 10, 2025
0 781
News


Iron Ore Prices Slip Below $100 Mark as Market Sentiment Weakens
*QINGDAO, China – April 10, 2025* — *Iron ore prices have dropped sharply*, falling below the *critical $100 per tonne threshold*, as fears of deteriorating trading conditions grip the global steel an...
Apr 10, 2025
0 782
News


U.S. Senators Introduce Revised Carbon Border Tax Bill Targeting High-Emission Imports
*WASHINGTON, D.C. – April 9, 2025* — *U.S. Senators Bill Cassidy and Lindsey Graham* have introduced an *updated version of the Foreign Pollution Fee Act*, a bill designed to impose a *carbon tax on i...
Apr 10, 2025
0 721
News


Veysel Yayan: Turkey Must Limit Steel Imports to Protect Domestic Industry
*ISTANBUL, Turkey – April 8, 2025* — *Veysel Yayan*, Secretary General of the *Turkish Steel Producers' Association (TCUD)*, has called for tighter control over steel imports, warning that *current im...
Apr 10, 2025
0 793
News


U.S. Reciprocal Tariffs Take Effect, China Now Facing 104% Tariff on Imports
*WASHINGTON, D.C. – April 9, 2025* — The *United States' country-specific reciprocal tariffs officially came into effect today*, impacting trade relations with multiple nations and significantly escal...
Apr 10, 2025
0 807
News


Steel Service Centers Urged to Invest Amid Global Market Pressures, Say Experts at EUROMETAL & YISAD Conference
*ISTANBUL, Turkey – April 8, 2025* — Industry leaders at the *Eurometal Steel Day & YISAD Flat Steel Conference* emphasized that *steel service centers must boost investments to remain competitive*, a...
Apr 10, 2025
0 719
News
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