Brazil’s Heavy Plate Exports Nearly Double in July, Driven by US Demand *Brazil’s heavy plate exports surged to 30,800 mt in July*, up from *15,900 mt in June*, according to *SISCOMEX*. *Key Destinations & Pricing** *United States*: *17,700 mt* at *$699/mt FOB* *South ...
Global Steel Leaders Launch Asia’s First Industry-Led CCUS Hub Study *A consortium of major steel and energy players* — including *ArcelorMittal Nippon Steel India, JSW Steel, Hyundai Steel, BHP, Chevron, and Mitsui & Co., Ltd.* — is set to begin a *pre-feasibility stu...
Canada Holds Off on Retaliation Despite US Tariff Hike *Canada* is facing renewed trade tensions after *US President Donald Trump* increased tariffs on certain Canadian imports from *25% to 35%*, according to media reports. *Prime Minister Mark Carney* e...
Indian Stainless Steel Producers Petition for Antidumping Duties on Imports *Indian stainless steel producers* have submitted a petition to the *Directorate General of Trade Remedies (DGTR)* seeking the imposition of *antidumping (AD) duties* on *low-priced imports* that are ...
Vietnam’s Steel Output and Domestic Sales Grow in H1 2025, While Exports Decline According to the *Vietnam Steel Association (VSA)*, the country's *steel production and sales* saw *steady year-on-year growth* in the first half of 2025 — signaling a rebound in domestic demand despi...
Odisha Begins Land Acquisition for $4.6B JSW Steel–POSCO Greenfield Mill The government of *Odisha, India* has officially started the *land acquisition process* for a proposed *$4.6 billion greenfield steel mill*, to be built by a *joint venture between JSW Steel Limited a...
South Korea Launches “K-Steel Act” to Safeguard Its Steel Industry from Global Pressures Facing mounting challenges from *US tariffs*, *cheap Chinese imports*, and *carbon neutrality demands*, South Korea has introduced the *K-Steel Act* — a sweeping legislative initiative backed by *106 ...
India’s IMFA Commits $216 Million to Expand Chrome Mining and Ferrochrome Output *Indian Metals and Ferro Alloys Limited (IMFA)* has announced a major *capital expenditure of INR 19,000 million (~$216 million)* to *expand its chrome ore mining and ferrochrome production capacities...
Vietnam-Italy Steel Commissions New High-Speed Rolling Mill to Boost Rebar Output *Vietnam-Italy Steel*, a subsidiary of *Japan’s Kyoei Steel Group*, has successfully *commissioned a new high-speed rebar rolling mill* in *Hai Phong, Vietnam*, marking a major step in expanding its p...
BlueScope-Led Consortium Targets Whyalla Steelworks in Push for Green Steel Future *BlueScope Steel*, one of *Australia’s leading steel producers*, has announced the formation of a *multi-national consortium* to explore the potential *acquisition of the Whyalla Steelworks* in *South...
CSN to Sell Key Logistics Assets in Brazil to Cut Debt by $4.6 Billion *Brazilian steel and mining giant CSN* has announced plans to *divest a number of logistical assets*, including *railroads and port terminals*, as part of a strategic move to *reduce financial leverag...
Severstal Opens New Logistics Hub to Streamline High-Strength Steel Deliveries *Russian steelmaker Severstal* has officially launched a *new logistics site* dedicated to the *road shipment of thick-plate and high-strength rolled steel products*, as part of its broader investment...
