Nippon Steel to Merge Three Pipe Subsidiaries to Streamline Operations *Nippon Steel Corporation* has announced plans to *merge three of its pipe subsidiaries*—including *Kokan Co., Ltd.* and *Nippon Steel Kokan Finetube Co., Ltd.*—into a single entity called *Nippon Ste...
Spain’s Network Steel Secures Renewable Energy Through PPA with Statkraft and Fortia *Statkraft*, Europe’s largest renewable energy producer, and *Fortia Energía*, a major Iberian electricity supplier, have signed a *five-year power purchase agreement (PPA)* with *Network Steel*, one ...
EU Launches Expiry Review of AD Duties on Stainless HR Sheets from Indonesia, China, and Taiwan The *European Commission (EC)* has *initiated an expiry review* of the *antidumping duties on hot rolled stainless steel sheets and coils* from *Indonesia, China, and Taiwan*. The review follows a *J...
WTO Recommends EU Align Trade Measures on Indonesian Stainless CR Flats The *World Trade Organization (WTO)* has released an *addendum to its dispute panel report* regarding the *EU’s antidumping and countervailing duties on stainless steel cold rolled flat products from ...
US Finds No Dumping in Preliminary Review of Malaysian PC Strand The *US Department of Commerce (DOC)* has released the *preliminary results* of the administrative review of the *antidumping duty (AD) order on prestressed concrete strand (PC strand)* from Malaysia ...
POSCO and Tsingshan Launch New 2 Mt Stainless Steel Project in Indonesia *POSCO (South Korea)* and *Tsingshan Holding Group (China)* have agreed to *build a new stainless steel plant* in the *Morowali Industrial Park*, Sulawesi, Indonesia. The new facility will have a *2 ...
Tata Steel UK Buys British Steel Slabs to Bypass US Tariffs In a *rare cooperative move between competitors*, *Tata Steel UK* has *purchased steel slabs from British Steel* for use at its *Port Talbot plant*, aiming to *comply with US tariff rules*, according ...
Gerdau Shifts Focus to US, Scales Back Brazil Investments *Gerdau Group* CEO *Gustavo Werneck* announced during an analyst conference that the company will *cut its 2026 investment plan in Brazil* from *BRL 6.0 billion to BRL 4.7 billion (USD 1.12 billion → ...
Brazil’s Machinery and Equipment Sector Faces Slowdown in August 2025 According to *ABIMAQ*, the Brazilian Machinery and Equipment Manufacturers’ Association, the sector recorded *lower activity in August 2025*, reflecting both *domestic deceleration* and *external expo...
EU Steel Industry Demands Urgent Action to Protect Jobs and Competitiveness The *European steel industry* is in crisis and facing unprecedented challenges from *global overcapacity, unfair imports, and uncompetitive energy costs*, industry and labor leaders warned at the *Eme...
EU to Halve Steel Import Quotas, Raise Tariffs to 50% in New Trade Package The *European Union* is preparing to *halve steel import quotas* and *raise tariffs on volumes above quota levels from 25% to 50%*, according to a report from *Reuters*. The measures are expected to b...
Canada Launches Antidumping Review on Welded Pipe Imports from Four Countries The *Canada Border Services Agency (CBSA)* has announced the launch of an *administrative review* covering certain *carbon steel welded pipe* imported from *Pakistan, the Philippines, Turkey, and Viet...