• 2025-09-30
    The duties, which apply to products from Egypt, Japan, and Vietnam, will remain in force for five years On September 26, the European Commission (EC) imposed definitive anti-dumping duties on imports of certain hot-rolled flat products originating in Egypt, Japan, and Vietnam. This is stated in the institution’s announcement. The EC has thus replaced the previous duties that were applied earlier. The anti-dumping duties applied are 11.7% for Egypt, 6.9%-30% for Japan (the lowest was received by Tokyo Steel, the highest by Nippon Steel) and 12.1% for Vietnam (the current anti-dumping measures do not apply to Vietnam’s Hoa Phat Group). The duties will remain in effect for five years. An investigation was also conducted into the relevant products from India, but it was terminated without the imposition of duties, as it was not establishe...
  • 2025-09-30
    The increase will take effect in November for new orders, with the company citing market conditions as the reason The American division of Swedish steel company SSAB has announced its intention to raise prices for all products by at least $60 per short ton. As the company said in a letter to customers on September 26, the new prices will take effect immediately for all new orders outside of contracts that are to be shipped starting November 2. The company also specified that it will begin accepting spot orders for November deliveries this week and confirmed that it will continue to apply existing surcharges, regional transport premiums, and additional costs for the use of non-priority modes of transport. SSAB Americas is a subsidiary of Swedish steel producer SSAB and owns rolling mills in Mobile, Alabama, and Montpelier, Iowa. According to Steel M...
  • 2025-09-26
    The country will support advanced competitive enterprises China will ban new steel capacity and cut steel production in the latest move to balance supply and demand in the industry, Bloomberg reports. According to the 2025-2026 sector plan published by the Ministry of Industry and Information Technology and other agencies, the government’s measures also include increasing the production of high-quality steel and promoting its use in construction and transportation. According to the statement, China will continue to implement the policy of production cuts, meet annual targets to control this process, support advanced enterprises and force outdated, inefficient capacities to be removed from the market. According to Chinese media reports, the work plan states that in 2025-2026, Chinese steelmakers should strive for an average annual growth in value-added pr...
  • 2025-09-26
    The EU was the largest export destination during this period India increased its steel exports (including stainless steel) by 22% year-on-year – to 3.2 million tons in April-August (five months of 2025/2026), according to preliminary data reported by BigMint. In particular, exports of hot-rolled coil (HRC)/sheet increased by 12% year-on-year (0.67 million tons) during the period, pipes by 26% year-on-year (0.8 million tons), and long products by 26% (0.29 million tons). Supplies of cold-rolled products (CRC) abroad fell by 10% in April-August, to 0.19 million tons. Total exports of stainless steel in the specified period increased by 2% to 0.3 million tons. Indian steel exports to the EU in the first five months of 2025/2026 increased by 32% y-o-y to 1.37 million tons, with the bloc being the largest export destination for Indian steelmakers. Among...
  • 2025-09-19
    Trade case opened following complaint by EUROFER The European Commission has announced the opening of an anti-dumping investigation into imports of certain flat cold-rolled steel products (CRF) from India, Japan, Taiwan, Turkey, and Vietnam. This is stated in a press release from the institution. The investigation was initiated following a complaint lodged by the European Steel Association (EUROFER) in August this year. The complaint alleges that imports of the products concerned originating in the five countries listed are being dumped, causing injury to the steel industry in the bloc. In addition, the complainant indicated that there is a special market situation in the countries concerned. The investigation will cover the period from July 1, 2024, to June 30, 2025. The examination of trends relevant to the assessment of injury will cover...
  • 2025-09-19
    The pipe sector has recorded its fifth consecutive quarterly decline, with recovery expected only in 2026 The EU steel pipe sector remains at risk. According to the EUROFER Economic and Steel Market Outlook Q3 report, pipe production fell by 3% year-on-year in Q1 2025. This was the fifth consecutive quarter of decline after a 1.8% drop in Q4 2024. The industry lost momentum in the second half of 2022, when the market was affected by the war in Ukraine, supply disruptions, and sharp fluctuations in energy prices. Despite lower gas and oil prices in 2023-2024, uncertainty about energy markets and weak global economic prospects continue to weigh on the sector. Investment in pipeline projects remains low as the EU accelerates its shift away from pipeline gas in favor of LNG shipments. In 2023, pipe production fell by 1.3% y/y, and in 2024 by another 2....
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