Metallurgy news
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NDRC and NEA of China released the 15th five-year plan for the development of a new type of power systemOn June 25, the National Development and Reform Commission of China (NDRC) and the National Energy Administration (NEA) of China officially released the 15th Five-Year New Type Energy System Development Plan, aiming to preliminarily build a new energy system that is clean, low-carbon, safe and…
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US Steel invests $475 million in new heat treatment line at Fairfield Tubular OperationsThe United States Steel Corporation (US Steel) has announced that it has received board approval to invest approximately $475 million in a new quenching and tempering line (Q&T) at its Fairfield Tubular Operations facility in Alabama. The project will expand the company's internal capabilities for…
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US problems amended the final results of the AD test on the CTL wafer from the Belgian IndusteelThe U.S. Department of Commerce (DOC) announced the amended final results of the administrative review of the antidumping duty ruling on certain carbon and alloy steel (CTL) sheets from Belgium for the review period May 1, 2023, through April 30, 2024.The Department of Commerce is amending the…
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Brazilian negotiators remain pessimistic about the U.</p><p>S.-Brazil negotiations on trade tariffs on pig iron.According to reports from Brazilian negotiators, who are currently actively negotiating with the U.S. Trade Representative (USTR), it appears that the recent exclusion of Brazilian pig iron from the list of products previously exempt from 25 percent U.S. import duties may be maintained, market…
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Brazilian Steel distributors benefit from anti-dumping measures against imports from ChinaAccording to INDA, the Brazilian institute of Steel Distributors, their partners sold 341,300 metric tons (t) of steel products in May, up from 314,000 tons in April. The increase in exports is a direct result of Brazil's recent anti-dumping measures against China, which have reduced the influx of…
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US continues AD and CVD orders for OCTG from ChinaThe US Department of Commerce (DOC) has published a notice of extension of the Anti-dumping Duty (AD) and Countervailing Duty (CVD) order on oil Country pipe products (OCTG) from the People's Republic of China (China).The Department of Commerce and the U.S. International Trade Commission (ITC) have…
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Stegra has completed financing of a 1.4 billion euro environmentally friendly steel plant in Boden.Swedish environmentally friendly steel producer Stegra has completed a 1.4 billion euro financing round led by a consortium led by Wallenberg Investments, with the participation of existing and new investors, as well as the continued support of the company's creditors. The financing, which was…
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India to discuss EU waste transportation rules affecting scrap metal importsThe Indian Ministry of Commerce is seeking bilateral intergovernmental negotiations with the European Union (EU) on the proposed latest "Waste Transportation Rule", which is due to enter into force in 2027 and which is expected to stifle shipments of ferrous scrap to India, Indian government…
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EUROFER: Steel demand in the EU will show moderate growth in 2026, while capacity utilization will remain lowAccording to the report of the Economic Committee of the European Steel Association (EUROFER) "Steel Market Prospects for 2026-2027/Q2 2026", apparent steel consumption in the EU recovered faster than expected in 2025, increasing by 4.4 percent year-on-year to 134 million tons, driven by…
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South Korea imposes AD duties on HRC from China and Japan, approves minimum price agreements for some exportersThe Ministry of Economy and Finance of South Korea has announced a decision to impose anti-dumping duties on imports of hot-rolled carbon steel and other alloy steel products from China and Japan.Chinese exporters will have to face anti-dumping duties ranging from 28.16% to 33.10%, while Japanese…
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