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Olympic Steel Extends $625 Million Credit Facility Through 2030 to Fuel Growth
*Olympic Steel Inc.*, a leading U.S.-based steel service provider, has *extended its $625 million asset-based revolving credit facility* until *April 17, 2030*, boosting its financial flexibility for ...
abr. 25, 2025
0 1283
News


Canada Launches Antidumping Probe into Steel Wire Imports from 10 Countries
The *Canada Border Services Agency (CBSA)* has initiated an *antidumping (AD) investigation* into *carbon and alloy steel wire* imports from *10 countries*, suspecting they may be sold in Canada at *u...
abr. 25, 2025
0 1048
News


Global Crude Steel Production Rises 2.9% in March, Driven by Strong Asian Output
*Global crude steel production rose by 2.9% year-on-year in March* to *166.1 million metric tons (mt)*, according to data released by the *World Steel Association (worldsteel)*. Despite the March inc...
abr. 25, 2025
0 1118
News


India’s BWIL Commissions $65 Million Stainless Steel Wire Capacity Expansion
*Bansal Wire Industries Limited (BWIL)* has announced the commissioning of its *expanded stainless steel wire manufacturing capacity*, following a *$65 million investment*. The company’s total install...
abr. 23, 2025
0 1256
News


EU Signals Readiness to Resume Free Trade Talks with Gulf Nations, Highlights Strategic Ties with Saudi Arabia
*April 22, 2025* — The European Union is prepared to *resume negotiations on a Free Trade Agreement (FTA) with Gulf countries*, according to *David McAllister*, Chair of the European Parliament’s Fore...
abr. 23, 2025
0 1247
News


IMF Rules Out Global Recession, Warns of Slowing Growth Amid Trade Tensions
*April 22, 2025* — Despite escalating trade tensions and mounting uncertainty, *the International Monetary Fund (IMF) does not expect a global recession*, according to IMF Managing Director *Kristalin...
abr. 23, 2025
0 1193
News


Zaporizhstal Invests Over $1 Million in Hot Rolling Equipment Overhaul
*April 22, 2025* — Ukrainian steelmaker *Zaporizhstal Iron and Steel Works*, a subsidiary of *Metinvest Holding*, has launched a major *UAH 49 million ($1.18 million)* equipment overhaul in its *hot r...
abr. 23, 2025
0 1099
News


Vietnam's Steel Sector Sees Strong Q1 Growth in Output and Sales
*April 22, 2025* — Vietnam's steel industry kicked off the year with solid gains in both production and sales, according to the *Vietnam Steel Association (VSA)*, signaling a *robust recovery in domes...
abr. 23, 2025
0 1874
News


India Slaps 12% Safeguard Duty on Flat Steel Imports, Market Impact Seen But Trade to Continue
*April 22, 2025* — In a move aimed at protecting the domestic steel industry, *India has imposed a 12% provisional safeguard duty on flat steel imports*, including *hot-rolled coil (HRC), cold-rolled ...
abr. 23, 2025
0 1220
News


U.S. Tariffs Threaten $5 Billion Hit to Indian Engineering Exports, Warns EEPC
*April 22, 2025* — Indian exports of engineering goods may take a serious blow following the U.S. decision to impose additional tariffs on key product categories, according to a warning issued by the ...
abr. 23, 2025
0 1199
News


U.S. Steel Output Continues Slide: Weekly Production Drops 0.4%
*April 22, 2025* — The American steel industry continues to face headwinds as *U.S. raw steel production fell 0.4% week-over-week*, according to new data released by the *American Iron and Steel Insti...
abr. 23, 2025
0 1238
News


ArcelorMittal Delays Green Transition Amid Policy Uncertainty
ArcelorMittal has announced delays to its ambitious green steel transition due to ongoing uncertainty surrounding European Union policy and regulatory clarity. The company had previously committed to ...
abr. 23, 2025
0 1208
News
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