• 2025-10-17
    In April-September, volumes amounted to 4.43 million tons In September 2025, India increased its steel exports (including stainless steel) by 24% month-on-month to 1.07 million tons, the highest volume recorded since March 2024, according to BigMint. Compared to September 2024, these volumes have almost doubled. In particular, exports of flat carbon steel products in September increased by 24% compared to the previous month to 0.86 million tons, with hot-rolled coils accounting for almost half of the volume – 0.41 million tons (+50% month-on-month). Over the past two months, steel exports from India have accelerated mainly due to active restocking in the EU amid concerns about new trade policies and higher procurement costs following the introduction of CBAM. In September 2025, Indian steel supplies to the European Union, the main buyer, increased to ...
  • 2025-10-17
    This year, the figure is expected to reach 1.75 million tons, which corresponds to the volumes of 2024 Global demand for steel in 2025 will remain at 1.75 billion tons, which is practically the same as in 2024. However, in 2026, growth of 1.3% y/y is expected, to 1.773 billion tons. These forecasts were announced by the World Steel Association (WorldSteel). Alfonso Hidalgo de Calcerrada, chairman of the WorldSteel Economic Committee and chief economist of the Spanish association UNESID, stressed that despite geopolitical risks and intensifying trade wars, the global economy is showing resilience. This optimism is based on active government investment in infrastructure and the expected easing of financial conditions for businesses and consumers. A key factor in the forecast will be the dynamics in China, where demand for steel has been declining since 2...
  • 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...
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