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News

Latest blog posts

meta  14/03/2025
EU finds no dumping on India HRC
A pre-disclosure to the EU's anti-dumping investigation found no dumping on hot-rolled coil (HRC) imports from India, while imposing provisional duties on Egypt, Japan and Vietnam in a range of 6.9-33% from 7 April
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meta  17/03/2025
U.S. starts levying 25% tariff on Ukrainian metal products
The United States has started levying a 25% tariff on imports of Ukrainian steel products except for pig iron, according to President Donald Trump's decision, Ukrainian media said citing the Ukrainian government.
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meta  17/03/2025
US 25% TARIFFS ON UK STEEL IMPORTS COME INTO EFFECT
It is essential that the UK Government not only continues efforts to negotiate exemptions with the US, but also takes decisive action to bolster our trade defences. We greatly appreciate all the efforts that have been made so far and will continue working closely with our Government to secure the best possible outcome
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meta  18/03/2025
Egypt’s iron and steel imports rise to $5.2 billion in 2024
The value of Egypt’s iron and steel imports increased by 20.9% in 2024, reaching $5.179 billion, compared to $4.285 billion in 2023.
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meta  18/03/2025
EU to look at import limits for aluminium sector, draft document shows
U.S. President Donald Trump increased tariffs on steel and aluminium imports to 25% last week, prompting the EU to announce tariffs on up to $28 billion worth of American goods.
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meta  18/03/2025
Hyundai Steel shifts to emergency management mode amid tariff, labor woes
Without strong self-rescue measures, improving the company's financial situation amid the severe domestic and global crises would be extremely difficult
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meta  18/03/2025
China January, February crude steel output falls despite better margins
China's crude steel output in the first two months of 2025 slid 1.5% from a year earlier, official data showed on Monday, despite better margins and stronger exports.
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meta  20/03/2025
Pig iron market stalls due to currency fluctuation
The market is in wait-and-see mode – there’s a lot of turbulence right now with fluctuating currencies, tariffs, and prices. It’s difficult to make offers today when you might regret the price tomorrow, so everyone is staying quiet
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meta  20/03/2025
EU state aid support for steel transition
The level and nature of support by EU Member States vary, reflecting different levels of fiscal resources. In the last two years, several Member States, including Belgium, Germany, Finland, France, Spain and Sweden, have decided to use public money to facilitate the transition of their ironmaking capacity towards climate-neutral technology.
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