Malaysia’s Steel Industry Warns SST on Raw Materials Could Undermine Competitiveness *Malaysia’s iron and steel industry has renewed its opposition to the application of Sales and Service Tax (SST) on primary steelmaking raw materials*, warning that the measure could weaken the sector...
Global Crude Steel Production Falls 2% in 2025, Worldsteel Data Shows *Global crude steel production declined by 2% year on year in 2025 to around 1.8 billion metric tons*, according to the World Steel Association (worldsteel). In *December 2025*, global output totaled...
UK Industry Warns Carbon Border Tax Could Accelerate Deindustrialization *UK industry groups have warned that the government’s planned carbon border tax, set to take effect in January 2027, could accelerate deindustrialization rather than support decarbonisation*, accordin...
North American Metal Shipments End 2025 on Uneven Note, MSCI Says *Steel and aluminum shipments across North America showed mixed performance in December 2025*, according to the latest data released by the US Metals Service Center Institute (MSCI). MSCI reported th...
Rheinmetall to Integrate Low-Emission Steel from SSAB in Defense Production *German defense and technology group Rheinmetall has signed a letter of intent with Swedish steelmaker SSAB to source low-emission steel*, marking a milestone for decarbonisation in the defense manufa...
India Moves to Finalize National Steel Scrap Policy Amid Rising Demand India’s *Ministry of Steel* is in the final stages of formulating a *national steel scrap policy* to align the sector with domestic capacity expansion and global industry trends, a senior government o...
ICRA: Cost and Technology Barriers to Slow India’s Shift to Low-Carbon Steel India’s transition to *low-carbon steelmaking* will remain a *long-term and gradual process*, constrained by *high costs and technological limitations*, according to a new report by Indian rating agen...
Fitch Warns Trump’s Europe Tariff Threat Raises Economic and Geopolitical Risks International credit ratings agency *Fitch Ratings* has warned that the threat of new US tariffs on European countries, linked to Greenland, represents a *significant escalation in transatlantic tensi...
Tata Steel Commits $1.22 Billion to Green Steel Technologies at Jamshedpur *Tata Steel Limited* has signed an agreement with the *government of Jharkhand* to invest approximately *$1.22 billion* in deploying *new-age green steel technologies* at its *Jamshedpur steel plant*,...
UK Steel Questions Use of Chinese Steel in Net Zero Teesside Project UK industry body *UK Steel* has raised concerns following reports that *BP awarded a contract for approximately 7,000 mt of steel* for the *Net Zero Teesside carbon capture, utilization and storage (C...
Thailand Extends Antidumping Duties on Steel Pipe Imports from Vietnam Thailand’s *Committee of Dumping and Subsidy* has decided to *extend antidumping (AD) duties on certain steel pipe products from Vietnam for another five years*, effective *January 12, 2026*. The com...
UK Steel Questions Use of Chinese Steel in Net Zero Teesside Project UK industry body *UK Steel* has raised concerns following reports that *BP awarded a contract for approximately 7,000 mt of steel* for the *Net Zero Teesside carbon capture, utilization and storage (C...
