India’s Steel Sector Sees Mixed Performance in September 2025, but Medium-Term Demand Outlook Remains Positive India’s steel industry recorded *slower growth* in *September 2025*, with several economic indicators softening due to extended monsoon conditions and moderating industrial activity. The *Index of In...
India Approves Green Steel Certificates for 25 Mills to Support Decarbonisation and CBAM Compliance India’s Ministry of Steel has issued *green steel certificates to 25 domestic producers*, making them eligible for fiscal support under the country’s upcoming low-carbon steel incentive scheme, an off...
Tata Steel Posts 319% Profit Surge in Q2 FY2025–26 Despite Flat Revenues Tata Steel Limited reported a *319% year-on-year increase in consolidated net profit*, reaching *INR 31,830 million ($359.24 million)* for *Q2 FY2025–26*, according to a company statement on *November...
Philippines Removes Import Tariffs on Tin Mill Black Plate to Support Local Manufacturing The *Philippine government* has *eliminated import duties on tin mill black plate (TMBP)* from all sources for *three years*, aiming to *reduce production costs* for *local food processors* and *stren...
Thailand Imposes Antidumping Duties on Chinese H-Beam Imports Thailand’s *Ministry of Commerce* has concluded its *antidumping (AD) investigation* into *hot-rolled H-beam steel from China*, determining that *Chinese exporters dumped products* on the Thai market,...
Indonesia’s Stainless Steel Exports Rise 7% in 2025 on Strong Asian Demand *Indonesia’s exports of stainless steel finished flats grew 7% year on year* to *2.39 million mt* during *January–September 2025*, from *2.24 million mt* in the same period of 2024, according to *BigM...
Russia’s Steel Exports to Jump 19% in 2025 as Domestic Demand Slumps *Russia’s steel exports are expected to rise by 19% in 2025*, reaching *24 million metric tons*, compared to *20 million mt in 2024*, according to *Alexei Sentyurin*, president of the *Russian Steel A...
JSW Energy Starts India’s Largest Green Hydrogen Plant, Supplies JSW Steel *JSW Energy Limited* has commenced operations at *India’s largest green hydrogen plant*, marking a major milestone in the country’s *transition toward low-carbon steel production*. Located adjacent t...
Jindal Stainless Reports 32% Profit Growth in Q2 FY2025–26 *Jindal Stainless Limited (JSL)*, India’s largest stainless steel producer, has reported a *32% year-on-year increase in consolidated net profit*, reaching *INR 8.06 billion (US$90.96 million)* for th...
UK Launches Review of Vietnamese Rebar Imports Under Safeguard Quota The *UK Trade Remedies Authority (TRA)* has announced the initiation of a *review of the tariff-rate quota (TRQ)* applied to *imports of rebar (Category 13) from Vietnam* under the country’s *steel sa...
Global Long Steel Market Faces Slump Amid Weak Demand and Oversupply: IREPAS The *International Rebar Exporters and Producers Association (IREPAS)* has reported that the *global long steel market* continues to struggle with *weak demand, oversupply, and fierce competition*, as...
Canada Extends Antidumping Probe on OCTG Imports from Five Countries The *Canada Border Services Agency (CBSA)* has announced an *extension to its preliminary antidumping investigation* into imports of *oil country tubular goods (OCTG)* from *Mexico, the Philippines, T...
