Category: Steel
Iron Ore Prices Fall 2% Amid Weak Steel Demand and China Slowdown
Iron ore prices dropped 2% last week due to weak steel demand and economic slowdown in China.
India Considers Raising Protective Duty on Steel Imports to 24%
India may raise steel safeguard duty from 12% to 24% amid concerns over Chinese circumvention and trade diversion.
BIR World Recycling Convention 2025 Highlights Importance of Data-Driven Advocacy in Recycling Industry
BIR 2025 stresses data-driven advocacy to protect recycled steel exports and promote circular economy benefits.
Hybar Commissions Advanced Rebar Rolling Mill in Arkansas
Hybar launches steel rebar production in Arkansas, setting new standards for green steel with solar-powered facilities.
Global Rebar Market Shows Weakness Amid Mixed Regional Price Movements
Global rebar market remains weak in May 2025 despite price gains in Turkey and China amid low demand worldwide.
EU Nearly Exhausts Annual Quota for Russian Pig Iron Imports in First Quarter 2025
EU pig iron imports from Russia almost hit the annual quota in Q1 2025 despite sanctions.
Nippon Steel to Invest $6 Billion in Electric Arc Furnaces for Carbon Reduction
Nippon Steel commits $6 billion to electric arc furnaces across three plants, aiming for major carbon emission cuts by 2029.
Turkey Increased Steel Production by 7% Year-on-Year in April 2025
Turkey’s steel production rose 7% in April 2025 despite challenges; pig iron output fell 11% year-on-year.
Global Shredder Count Tops 1,200, Reflecting Shifting Metal Recycling Dynamics
Global shredder installations hit 1,229 in 2025, with China and the U.S. leading the metal recycling infrastructure…
Recycled Steel Trade Patterns Shift in 2024: Key Insights from BIR Data
Recycled steel trade shifts in 2024 show changing export patterns and growing roles for new markets.
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