EU Safeguard Measures Seen as Larger Threat to Asian Steel Exports Than CBAM Green steel development and shifting trade flows were central discussions at the Middle East Iron & Steel Conference (MEIS) in Dubai last week, where analysts emphasized that * EU safeguard measures a...
India Considering Royalty Relief to Boost Beneficiation of Low-Grade Iron Ore The Indian government is working on a proposal to * reduce the royalty rate from 15% to 5% * for low-grade iron ore (below * 58% Fe * ) that is beneficiated to * 62% Fe * by domestic steel producers, ...
Brazil’s Finished Steel Trade Deficit Widens in October Brazil’s trade deficit in finished carbon steel products * expanded significantly in October * , according to data from SECEX. The country exported * 159,592 mt * of finished steel valued at * $111.2...
Chile’s Steel Consumption Rises 16.3% in First Eight Months of 2025 Chile’s steel consumption increased by * 16.3% year on year * , totaling * 1.886 million mt * in the first eight months of 2025, according to data from the Chilean steel institute, ICHA. However, desp...
GMH Gruppe Launches Advanced Rolling Mill to Expand Precision Steel Capacity Germany’s GMH Gruppe has inaugurated a * new state-of-the-art rolling mill * at its Georgsmarienhütte site, marking a significant milestone in the company’s strategy to expand its precision and specia...
British Steel Secures New £35 Million Contract for Turkey’s High-Speed Rail Network British Steel has announced that it has secured a * £35 million rail supply contract * for Turkey’s expanding high-speed railway system, strengthening its role as a major supplier to the country’s nat...
Brazil Opens Antidumping Probe on Seamless Line Pipe Imports Brazil’s Secretariat of Foreign Trade has initiated an *antidumping investigation* into *seamless carbon steel line pipes* used in oil and gas pipelines, imported from *Malaysia, India, and Thailand*....
European EAF Producers Warn Against “One-Size-Fits-All” Green Steel Label A coalition of *European EAF steelmakers*, major recycling firms, and *Recycling Europe* has issued a high-level warning to President Ursula von der Leyen, expressing *“serious concerns”* about the EU...
EU Steel Industry Calls for Early Implementation of New Trade Rules The *European Steel Association (EUROFER)* and *IndustriAll Europe* have urged EU institutions to *move up the start date* of the upcoming steel trade measure, warning that *waiting until June 2026* w...
India Remains Net Steel Importer Despite 15% Drop in Shipments (Jan–Oct 2025) India remained a *net steel importer* in *January–October 2025*, even as total imports fell to *around 8 million mt*, a *15% year-on-year decline*, according to BigMint data. The drop follows the gov...
India Plans Major Easing of Steel Import Monitoring Rules India’s Ministry of Steel is preparing to *relax the Steel Import Monitoring System (SIMS)* by eliminating the requirement for *consignment-wise declarations*, according to government sources on *Nove...
Global Steel Bodies Unite to Harmonize Low-Emission Standards *ResponsibleSteel*, the *China Iron and Steel Association (CISA)* and the *Low Emission Steel Standard (LESS)* have signed two major cooperation agreements at *COP30 in Belém, Brazil*, aligning global...
