Category: Steel
Get the latest steel industry news including export data, price trends, and global market shifts.
South Korea Moves to Shield Steel Industry with K-Steel Act
South Korea introduces K-Steel Act to defend its steel industry from tariffs and cheap Chinese imports.
Ukraine’s Hot-Dip Galvanized Rolled Steel Imports Surge 60% in 1H2025
Ukraine’s hot-dip galvanized steel imports soared 60% in 1H2025, driven by Turkish supply dominance.
Nucor Lowers Hot-Rolled Coil Prices to $890/t Amid Market Shifts
Nucor cuts hot-rolled coil prices to $890/t as US steel market adjusts after stabilization in early August.
ArcelorMittal Forecasts Strong 2026 for Alabama Steel Mill
ArcelorMittal sees its Alabama steel mill reaching full capacity by 2026, solidifying U.S. market dominance.
Brazilian Slab Prices Drop 2.5% in July Amid US Tariff Pressures
Brazilian slab prices fell 2.5% in July as weak demand and new US tariffs weigh on steel exports.
China Iron Ore Imports Hold Up Amid Global Softening
China’s iron ore imports stay resilient above 100M tons despite steel sector slowdown and global demand concerns.
Brazil Steel Quota Usage Inches Up Amid Slower Import Momentum
Brazil’s steel quota usage rises to 264,000t by July 30, signaling shifting momentum in the nation’s import policy.
Shagang Raises Long Steel Prices for Third Consecutive Cycle
Shagang increases long steel prices again, reflecting stronger demand, rising raw materials, and market optimism in China.
EC Reduces Anti-Dumping Duties on Hot-Rolled Steel Imports
EC lowers anti-dumping duties on hot-rolled steel from Egypt and Japan; final rates to apply from October 2025.
EU to Negotiate with US on Steel Imports Quotas
EU and US to negotiate steel import quotas, aiming to ease tariffs and protect European steel industry interests.
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