CAAM and CISA Call for Industry Unity as NEV Price Wars Threaten Auto and Steel Sectors Amid mounting concern over a *new round of price wars in China’s new energy vehicle (NEV) market*, the *China Association of Automobile Manufacturers (CAAM)* and the *China Iron and Steel Association ...
EU Unveils New Trade Surveillance Tool to Counter Import Surges and Diversion Risks The *European Commission (EC)* has launched a *new surveillance mechanism* designed to detect and prevent *harmful trade diversion* into the European Union. The initiative aims to shield the EU market...
Concerns Rise Over Tata Steel’s Inclusion in UK-US Tariff Deal UK ministers are working urgently to ensure Tata Steel is not excluded from a prospective trade agreement between Prime Minister Keir Starmer and U.S. President Donald Trump, which aims to eliminate t...
EU Extends Suspension of Steel Safeguard Measures for Ukraine The European Union has extended the suspension of safeguard measures on imports of iron and steel from Ukraine for an additional three years, effective June 6, 2025. This decision aims to support Ukra...
Canada Prepares Retaliatory Measures in Response to U.S. Steel Tariffs In response to the U.S. administration’s decision to double tariffs on steel and aluminum imports to 50%, Canada is preparing a comprehensive retaliatory plan. Prime Minister Mark Carney and U.S. Pres...
Nippon Steel and U.S. Seek Additional Time to Finalize Acquisition Deal Nippon Steel and the U.S. government have jointly requested an eight-day extension of a litigation pause to finalize negotiations regarding Nippon’s proposed $14.9 billion acquisition of U.S. Steel. T...
Vietnam Extends Anti-Dumping Investigation into Chinese and South Korean Steel Vietnam’s Ministry of Industry and Trade (MOIT) has announced an extension of its anti-dumping investigation into certain coated steel products imported from China and South Korea. The probe, initiate...
U.S. Industry Petitions for Trade Probes on Rebar Imports from Algeria, Bulgaria, Egypt, and Vietnam A coalition of major U.S. steel producers has filed a petition seeking *antidumping (AD) and countervailing duty (CVD) investigations* into *rebar imports from Algeria, Bulgaria, Egypt, and Vietnam*, ...
U.S. Finds No Dumping in Belgian Stainless Steel Plate Imports During Latest Review The *U.S. Department of Commerce (DOC)* has issued *preliminary results* in its latest administrative review of antidumping duties on *stainless steel plate in coils from Belgium*, determining a *zero...
Cleveland-Cliffs Cancels $500M Hydrogen Steel Project Amid Hydrogen Supply Issues and Policy Uncertainty *Cleveland-Cliffs Inc.*, a major U.S. mining and natural resources firm, has *scrapped its planned $500 million hydrogen-based steel plant* in Middletown, Ohio, citing *insufficient availability of cl...
Brazil Weighs Response as U.S. Raises Steel Import Tariffs to 50 Percent *Brazil is taking a cautious yet strategic approach to the United States’ decision to double its steel import tariffs to 50 percent*, according to Marco Pollo Melo Lopes, executive president of the Br...
Ashry Steel to Invest Over €600 Million in New Stainless Steel Pipe Plant in Egypt *Egyptian steel manufacturer Ashry Steel Group has announced plans to invest more than €600 million ($685 million) in the construction of a new stainless steel pipe plant*, according to local media re...
