Nippon Steel Plans $14 Billion Investment in U.S. Steel Operations Nippon Steel has unveiled plans to invest $14 billion into U.S. Steel's operations, including up to $4 billion for a new steel mill, contingent upon approval from the Trump administration for its prop...
U.S. Finds Preliminary Dumping Margins on Italian Steel Plate Imports The *U.S. Department of Commerce (DOC)* has released the *preliminary results* of its latest *administrative review* concerning *antidumping (AD) duties* on *carbon and alloy steel cut-to-length plate...
Ferrexpo Halts Two Pelletizing Lines Amid Ukraine’s VAT Refund Suspension *Ferrexpo*, a Swiss-headquartered iron ore producer with major operations in *Ukraine*, has *shut down two pelletizing lines* due to *financial strain caused by the suspension of VAT refunds* on its e...
China’s Steel Prices Dip Slightly in Early May, Says Ministry of Commerce *China’s Ministry of Commerce (MOC)* reported a marginal decline in *average finished steel prices* during the period from *May 5 to May 11*. According to the MOC, during this timeframe: *Rebar pri...
Ukrainian Steelmakers Cut Exports of Semi-Finished Products by 34.8% Y/Y in Q1 In January-March 2025, Ukrainian steelmakers reduced exports of semi-finished steel products by 34.8% year-on-year, totaling 294.2 thousand tons. This decline reflects the ongoing challenges faced by ...
Metinvest Invests $44 Million in Solar and Gas-Fired Generation Metinvest Group is investing $44 million in solar and gas-fired power generation projects, aiming to supply 50% of its own power by 2030. This initiative is part of the company's strategy to enhance e...
Ferrexpo Shuts Down Two Pelletizing Lines Due to VAT Refund Suspension Ferrexpo has been compelled to shut down two of its three pelletizing lines due to the suspension of VAT refunds by Ukrainian tax authorities. This action has significantly impacted the company's liqu...
ArcelorMittal Confirms €1.2 Billion Investment to Decarbonize Dunkirk Plant ArcelorMittal has reaffirmed its commitment to decarbonizing its operations in France by confirming a €1.2 billion investment in its Dunkirk plant. The funds will be used to build the first electric a...
DMZ Plans New Rolling Campaign with Production Up to 10,000 Tons in June Dnipro Metallurgical Plant (DMZ), part of DCH Steel, successfully completed a rolling campaign in April-May 2025, producing over 9.2 thousand tons of steel products at Rolling Shop No. 2. The plant no...
Canada Launches Antidumping and Countervailing Duty Investigations into Steel Strapping Imports The *Canada Border Services Agency (CBSA)* has initiated a pair of trade remedy investigations into *steel strapping imports* from *China, South Korea, Turkey, and Vietnam*, following a formal complai...
EU Extends Iron and Steel Import Duty Exemptions for Ukraine Until 2028 The *European Parliament has approved a three-year extension* of the *suspension of import duties and quotas* on *iron and steel imports from Ukraine*, reinforcing the EU's commitment to supporting Uk...
Malaysia Finalizes Antidumping Duties on Tinplate Imports from Four Countries The *Malaysian Ministry of Investment, Trade and Industry (MITI)* has issued its *final ruling on the antidumping (AD) investigation* into *tinplate imports* with widths of *600 mm or more* from *Chin...
