Goldman Sachs Forecasts Extended Weak Profitability for Chinese Steelmakers *Goldman Sachs expects Chinese steel producers to face a prolonged period of weak profitability*, citing slow progress in capacity reduction and persistently high export volumes, according to a Bloomb...
Tata Steel UK Begins Enabling Works Ahead of Major EAF Project at Port Talbot *Tata Steel UK has launched extensive preparatory works at its Port Talbot steelworks* as it moves forward with plans to construct *one of the world’s largest electric arc furnaces (EAFs)*, marking a ...
Stegra Signs Multi-Year Non-Prime Steel Supply Deal with Thyssenkrupp Materials Services *Sweden-based Stegra has signed a multi-year supply agreement with Thyssenkrupp Materials Services*, a subsidiary of German steelmaker Thyssenkrupp, to secure deliveries of non-prime steel products ac...
US Finds Zero Dumping Margin but Subsidies in CORE Imports from South Korea The *US Department of Commerce (DOC)* has released preliminary findings from its *antidumping (AD) and countervailing duty (CVD) administrative reviews* of corrosion-resistant steel products (CORE) fr...
US Assigns Zero Preliminary Dumping Margin to Taiwan CORE Imports The *US Department of Commerce (DOC)* has announced the preliminary results of its antidumping duty administrative review on *certain corrosion-resistant steel products (CORE) from Taiwan*. The DOC p...
Hyundai Steel Secures $417 Million Offshore Wind Foundations Contract in South Korea South Korean steelmaker *Hyundai Steel* has won a *KRW 611.5 billion ($416.8 million)* contract to supply foundation structures for the *Shinan offshore wind power project*, according to local media r...
Arabian Gulf Steel Explores Acquisition of UK Speciality Steel Assets UAE-based steel producer *Arabian Gulf Steel Industries (AGSI)* has approached the UK government regarding a potential acquisition of *Speciality Steel UK (SSUK)*, which entered *compulsory liquidatio...
India Rolls Out Three-Year Safeguard Duties to Curb Steel Imports from China, Vietnam and Nepal The *Government of India* has officially implemented a phased three-year *safeguard duty* on steel imports from *China, Vietnam and Nepal* as part of a broader effort to protect its domestic steel ind...
US Merchant Bar Exports Fall Sharply in August 2025 *US exports of merchant bar (light-shaped bar)* saw a *notable decline in August 2025*, continuing trends of volatility in North American steel trade. According to *export data from the US Department ...
Odisha Prepares to Auction 35 Mineral Blocks to Strengthen India’s Resource Supply Chain The eastern Indian state of *Odisha* has announced plans to *auction 35 mineral blocks next year*, reinforcing its role as one of the country’s most important *mineral-rich regions*. The move is aimed...
Turkey Imposes Anti-Dumping Duty on Chinese Cold-Rolled Stainless Steel Imports Turkey has officially imposed an *antidumping duty of 3.95% on cold-rolled stainless flat steel imports from China*, following the conclusion of an investigation conducted by the *Ministry of Trade’s ...
Brazil Steel Import Quotas Reach 71% Utilization as Pressure Mounts on Domestic Industry Brazil’s steel import quotas have reached *71% utilization as of December 17*, up from *54% recorded on November 19*, according to data from the country’s foreign trade authority *Siscomex*. The quot...
