Germany Pushes EU to Delay Phaseout of Free Carbon Allowances for Heavy Industry *Germany is lobbying the European Union* to delay the *phaseout of free carbon allowances* under the EU’s *Emissions Trading System (ETS)*, citing *high energy costs and deindustrialization risks*. T...
Steel Dynamics Forecasts Stronger Q3 Earnings and Operations *Steel Dynamics (SDI)* has projected *Q3 2025 earnings* between *$2.60 and $2.64 per diluted share*, up from *$2.01 in Q2* and *$2.05 in Q3 2024*. The company expects *steel operations to outperform ...
German Steel Industry Welcomes Energy Transition Plan but Warns of High Power Costs Germany’s Federal Ministry of Economic Affairs and Energy has unveiled its latest *energy transition monitoring report*, outlining *seven key areas* to make the transition cost-efficient while safegua...
US Issues Preliminary Results of AD Review on Large-Diameter Welded Pipe from Canada The *US Department of Commerce (DOC)* has released its *preliminary results* from the administrative review of the antidumping duty order on *large-diameter (LD) welded pipe from Canada* for the perio...
Indian Steel Sector Urged to Accelerate Green Transition in Response to CBAM With the EU’s *Carbon Border Adjustment Mechanism (CBAM)* on the horizon, Indian steel producers are being urged to *act quickly* to reduce their carbon footprints. Failure to adapt could result in *...
EU’s CBAM Poses Bigger Threat to Indian Steel Industry than US Tariffs Industry experts have clarified that the *recent US tariffs on certain steel products* will have *minimal impact* on India’s steel sector. Instead, the *European Union’s Carbon Border Adjustment Mecha...
Turkish Steel Market Finds Opportunities Amid High Interest Rates and Trade Barriers At a recent industry meeting in *Kocaeli, Turkey*, market participants expressed cautious optimism about the coming period for the steel sector. Despite challenges such as *high interest rates* and *...
US Confirms Final AD Margins for Welded Stainless Steel Pipe Imports from India In a move to regulate steel imports, the *US government* has *finalized antidumping (AD) margins* on *Welded Stainless Steel Pipe (WSPP)* products originating from *India*. This decision follows a co...
US Finalizes Antidumping Review on Circular Welded Pipes from South Korea The *US Department of Commerce* has announced the *final results* of its *antidumping (AD) duty review* on imports of *circular welded carbon steel pipes from South Korea*. The review focused on dete...
India Opens Its Largest Vehicle Scrapping Facility Near Delhi *Re Sustainability Limited (ReSL)* has officially inaugurated *India’s largest end-of-life vehicle (ELV) scrapping facility* near *Delhi*, marking a major milestone for the country’s recycling and sus...
Tata Steel Secures $9 Million Equipment Supply Deal with John Cockerill India *John Cockerill India* has been awarded a *$9 million (₹75 crore) supply contract* by *Tata Steel*, one of India’s largest steel producers. Under this agreement, John Cockerill India will deliver adva...
EU Vows Strong Action to Support Steel Industry & Jobs The *European steel industry* – a key part of Europe’s manufacturing chain – is facing *global overcapacity*, *high energy costs*, and *raw material shortages*. In her *State of the European Union* ad...
