Canada Unveils Sweeping Measures to Protect Domestic Steel Industry Amid Global Trade Tensions In response to growing global trade tensions and fears of steel market destabilization, *Canadian Prime Minister Mark Carney* has announced a sweeping package of *trade defenses and industrial support...
U.S. Launches Section 301 Investigation Into Brazil’s Trade Practices, 50% Tariff to Take Effect August 1 The *United States Trade Representative (USTR)* has initiated a *Section 301 investigation into Brazil*, following a directive from *President Donald Trump*. The move, announced on *July 15*, places B...
EU Delays Reintroduction of Country-Specific Steel Quotas to August 1 The *European Commission* has announced a *one-month delay* in the reintroduction of *country-specific quotas* for imports of *angles, shapes, and sections of iron or non-alloy steel* (Category 17), a...
Indonesia Advances Trade Deal with EU, Secures Tariff Relief from U.S. Indonesia is making significant strides in its global trade strategy, securing key progress on two fronts: a breakthrough in its long-stalled *Comprehensive Economic Partnership Agreement (CEPA)* with...
UK Government Extends Countervailing Duties on Chinese Organic Coated Steel Imports Until 2029 The UK government has officially extended *countervailing duties (CVD)* on imports of *organic coated steel products from China* for another five years, following a recommendation by the *Trade Remedi...
Insteel Industries Reports Strong Q3 Earnings Surge, Driven by Higher Shipments and Pricing Insteel Industries, Inc. (NYSE: IIIN) posted a significant improvement in earnings for the third quarter of fiscal 2025, with *net income rising to $15.2 million*, more than *double the $6.6 million r...
Canada Launches Dumping and Subsidy Investigations into Chinese Cast Iron Pipes The *Canada Border Services Agency (CBSA)* has officially *initiated antidumping (AD) and countervailing duty (CVD) investigations* into imports of *cast iron soil pipe from China*, following a formal...
Brazil's Niobium Ferroalloy Exports Drop Sharply in June *Brazil's exports of niobium ferroalloys fell by nearly 23% in June*, totaling *8,073 metric tons*, down from *10,515 mt in May*, according to official trade data from *SECEX*. *Asia Remains Top Dest...
BHP Warns Green Iron Still Too Costly for Australia Despite China Pact *BHP Group has cautioned that producing green iron in Australia remains economically unviable*, even in the wake of a landmark *Australia-China agreement aimed at decarbonizing the global steel supply...
U.S. Steel Imports Rise Nearly 20% in May 2025 Despite Year-on-Year Decline U.S. steel imports surged in *May 2025*, increasing *19.6% from April* to reach *2,256,042 metric tons (mt)*, according to *preliminary data from the U.S. Department of Commerce*. However, the total m...
Brazil Extends Antidumping Duties on Non-Oriented Grain Silicon Steel Imports Brazil’s *Foreign Trade Chamber (GECEX)* has announced the *extension of antidumping duties* on imports of *flat rolled silicon steel (non-oriented grain, or NOG steel)* from *Germany, China, South Ko...
South Korea Imposes Final Antidumping Duties on Vietnamese Cold Rolled Stainless Steel *South Korea’s Ministry of Economy and Finance* has officially imposed *final antidumping (AD) duties* on *cold rolled stainless steel imports from Vietnam*, following the conclusion of its investigat...