News
Latest blog posts
meta 12/03/2025
read more
Trump rules out exempting Australia from steel and aluminium tariffs
Trump agreed in February to consider exempting Australia from the tariffs in view of the U.S. trade surplus with the country, following a phone call with Australian Prime Minister Anthony Albanese.read more
meta 12/03/2025
read more
ArcelorMittal Dunkirk to idle BF for maintenance in Q2
Leading European steelmaker ArcelorMittal has scheduled maintenance on blast furnace (BF) No. 4 at its Dunkirk plant as part of its €270m investment plan at French sites Dunkirk and Fos-sur-Mer, the company confirmed to McCloskey on 11 March.read more
meta 12/03/2025
read more
Taiwan’s CSC expected to raise April rate, optimistic about future market
China Steel Corp.(CSC) is expected to increase its April rate, and more and more downstream manufacturers are rushing to replenish before the new price announcement.read more
meta 12/03/2025
read more
EU exported €77.8 billion worth of iron and steel in 2024
In 2024, the EU exported iron and steel and related articles worth €77.8 billion and imported €73.1 billion, resulting in a trade surplus of €4.7 billion. Compared with 2019, there was a substantial increase in the trade of these products: exports rose by 15.2% (+€10.3 billion), and imports increased by 23.7% (+€14.0 billion).read more
meta 14/03/2025
read more
Brazil Sees Decline in CRC Import Prices
Brazilian producers are offering CRC of basic commercial grades in medium to large volumes at BRL 6,180/mt ($1,062/mt), down from BRL 6,300/mt two weeks ago, ex-works, excluding IPI taxes.read more
meta 14/03/2025
read more
Türkiye reduced scrap imports by 20.2% y/y in January
The key suppliers of raw materials in December are the United States – 304.55 thousand tons (-24.4% y/y), the Netherlands – 240.03 thousand tons (+1.6%), the United Kingdom – 246.31 thousand tons (+220.1%), Lithuania – 151.56 thousand tons (0 thousand tons in December 2023), Belgium – 189.64 thousand tons (+138.7%).read more
meta 14/03/2025
read more
EU safeguard proposals disappoint steel stainless sector
The proposed amendments to EU safeguards include new caps for carbon steel, but there appears to be no indication of additional import restrictions for stainless steel coils and long products.The proposed amendments to EU safeguards include new caps for carbon steel, but there appears to be no indication of additional import restrictions for stainless steel coils and long products.read more
meta 14/03/2025
read more
South Korea imposes 4-month provisional AD on Chinese stainless plates
Less than two months after issuing a preliminary anti-dumping (AD) ruling on hot-rolled stainless steel plates from China, South Korea's Ministry of Economy and Finance has decided to impose four-month provisional AD duties on the products ahead of the final ruling, according to a Legislative and Administrative Notice released on March 7.read more
meta 14/03/2025
read more
CMA CGM’s $20 bln investment signals turnaround for US shipbuilding
While $20 billion is a lot, it’s not a huge amount, but it will give an incentive to fortify the infrastructure to build ships and that capability is definitely missing in the US,” a steel plate distributor said.read more