Marcegaglia Increases Investment in the Restart of Its Plant in France to €800 Million Italian steel group Marcegaglia has announced an increased investment of €800 million to restart its plant in Fos-sur-Mer, France. The project aims to partially integrate production vertically, enhanc...
Ukrainian Railways' Attempt to Raise Tariffs Criticized as Economic Sabotage Ukrainian Railways (UZ) faces criticism over its plan to increase tariffs by 37%, with industry experts warning it could harm the national economy. ГМК [1] Kostyantyn Saliy, President of the Ukrainia...
Malaysia Imposes Anti-Dumping Duties on Certain Types of Flat Products Malaysia's Ministry of Investment, Trade and Industry (MITI) has imposed definitive anti-dumping duties on flat-rolled products of iron or non-alloy steel from China, India, Japan, and South Korea. No...
KZHRK Plans to Partially Resume Operations After Downtime Kazakhstan's KZHRK, a major iron ore producer, plans to partially resume operations after halting production on March 8, 2025, due to debts and power outages. The company intends to restart activities...
Vietnam Revises Provisional Anti-Dumping Duties on Hot-Rolled Steel from China Vietnam's Ministry of Industry and Trade (MOIT) has announced a revision to the provisional anti-dumping duties on hot-rolled steel (HRC) imports from China. While the general duty rates remain betwee...
Made in Steel 2025 Opens with Urgent Call for EU Steel Strategy Reform * At the opening of Made in Steel 2025 on May 6, top industry leaders and policymakers delivered a stark message: Europe’s steel sector is under mounting pressure and urgently needs a credible, compet...
Thyssenkrupp Reaches Deal with IG Metall to Avert Layoffs Amid Restructuring *German steelmaker thyssenkrupp Steel has reached an agreement in principle with industrial union IG Metall to avoid layoffs as part of its major restructuring plan*, the company announced this week. ...
US Confirms Continuation of Antidumping Duties on Chinese Steel Threaded Rod *The US Department of Commerce (DOC) has finalized its decision to maintain antidumping (AD) duties on imports of steel threaded rod from China*, following a sunset review of the trade measure. In it...
EU Considers Countermeasures Against US Tariffs, Eyes Restrictions on Scrap Exports *The European Commission has launched a public consultation on potential countermeasures targeting €95 billion worth of US imports*, amid rising trade tensions over American tariffs on EU goods. The ...
US and China Agree to Major Tariff Rollback After Breakthrough Geneva Talks *In a significant step toward easing trade tensions, the United States and China have reached an agreement to roll back retaliatory tariffs*, following a high-level negotiation in Geneva, Switzerland....
Hydnum Steel Signs Green Steel Deal with Kingspan to Support Construction Decarbonization *Spanish steelmaker Hydnum Steel has entered into a green steel supply agreement with Ireland-based Kingspan Group*, marking a significant step toward *decarbonizing the construction industry*, the co...
POSCO and LG Chem Launch CCU Project to Decarbonize Steelmaking * South Korean giants LG Chem and POSCO Holdings have entered into a strategic partnership to decarbonize the steel industry through a large-scale carbon capture and utilization (CCU) project*, the co...
