China-Backed Simandou Iron Ore Project Set to Redefine Global Market Balance The long-awaited *Simandou iron ore mine* in *Guinea* — backed by major Chinese investors — is finally moving into production, a development poised to *reshape global iron ore trade flows*. Valued at...
SteelAsia Temporarily Suspends Calaca Scrap Recycling Plant Amid Zinc Dust Dispute *SteelAsia Manufacturing Corporation*, the Philippines’ largest steel producer, has *temporarily suspended operations* at its *Calaca scrap-recycling facility* following an order from the *Philippine ...
South Korea Unveils KRW 400 Billion Steel Sector Support Plan Amid Oversupply Pressures The *South Korean government* has launched a *KRW 400 billion ($278 million)* export guarantee program to *support small and medium-sized enterprises (SMEs)* in the domestic steel sector. Jointly bac...
Baosteel Refines 2026–2030 Capacity Plan to Prioritize Efficiency Over Expansion *Baosteel*, one of China’s leading steel producers, has *revised its capacity target* for the *15th Five-Year Plan (2026–2030)* to *over 80 million metric tons*, down from the previous 80–100 million ...
Argentina’s Crude Steel Production Falls in September Amid Weak Demand The *Argentine Chamber of Steel Industry (Acero Argentino)* has reported that *crude steel production fell to 356,700 metric tons in September*, down from *370,300 metric tons in August*. Compared wi...
Vallourec Secures Major Pipe Supply Contract for Brazil’s Orca Deepwater Field France-based *Vallourec* has secured a *significant contract* with UK oil and gas company *TechnipFMC* to supply *seamless line pipes* for the *Orca deepwater field* (formerly known as /Gato do Mato/)...
EURANIMI Warns EU Steel and Metals Action Plan Could Trigger Supply Crisis and Price Surge The *European Association of Non-Integrated Metal Importers & Distributors (EURANIMI)* has warned that the *European Commission’s upcoming Steel and Metals Action Plan (SMAP)* could severely *destabil...
EU Launches New Plan to Reduce Energy Prices and Support Industrial Competitiveness The *European Commission* has unveiled a set of *seven coordinated actions* under the *Affordable Energy Action Plan* to *lower energy costs* for both *industries and households*, while supporting *lo...
Australia Issues Preliminary Antidumping Margins on Rebar from Four Asian Countries The *Australian Antidumping Commission* has released its *preliminary findings* in the administrative review of *antidumping (AD) duties* on *rebar imports* from *Indonesia, Malaysia, Thailand, Turkey...
Polish Government Engages ArcelorMittal Over Future of Domestic Steel Operations Poland’s *Minister of State Assets, Wojciech Balczun*, has confirmed that the government will soon *meet with ArcelorMittal officials* to discuss the *future of the company’s Polish operations* and it...
India’s Steel Ministry to Hold Open House on Import Policies Amid Dumping Concerns The *Ministry of Steel, Government of India*, has announced an *“open house” consultation* to address concerns over rising *steel imports* and their impact on domestic producers. The session will be h...
South Africa Confirms Dumping in Chinese Steel Imports but Delays Provisional Duties The *International Trade Administration Commission (ITAC)* of *South Africa* has confirmed *dumping of corrosion-resistant flat steel from China*, but has decided *not to impose provisional duties yet...
