Category: Steel
Get the latest steel industry news including export data, price trends, and global market shifts.
SGX 65% Fe Iron Ore Futures Soar on Strong Demand and Speculative Trading
SGX 65% Fe iron ore futures hit record volumes amid rising demand from Chinese steelmakers and market hedging.
US Steel Demand Weakens Amid Tariff Turmoil and Mill Idling
US steel demand dips as tariffs disrupt supply chains, causing mill idling and market shifts.
EU Advances Carbon Border Adjustment Mechanism with New CBAM Legislation
EU strengthens CBAM with key updates, easing compliance for importers while aligning with Green Deal goals.
China Steel Exports Rise in July as Imports Continue to Fall
China’s steel exports rose 1.6% in July 2025 while imports dropped, continuing the trend of growing trade surplus.
EU Hot-Rolled Coil Import Supply Hits Multi-Year Low Amid Policy Impact
EU hot-rolled coil import quotas fall to multi-year lows amid policy changes and weak demand.
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.
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