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Steel: Chinese exports and prices put Indian producers in crisis
India, despite being the world's second-largest steel producer, continues to grapple with dependence on steel imports. In recent months, China has emerged as one of India's major steel exporters, prompting protests from India's domestic sector. In fact, India's steel...
Steel: Turkey’s domestic demand continues to be met by imports
According to the Turkish Steel Producers Association (TÇÜD), Turkey's crude steel production stood at 2.9 million tonnes in June this year, down 1.5% year-on-year, while the country's crude steel production increased by 16% year-on-year. In the January-June period, it...
Guinea Alumina and Electricité de Guinée sign agreement for sustainable electricity supply
The Guinea Alumina Corporation (GAC), an affiliate of Emirates Global Aluminium (EGA), and Electricité de Guinée (EDG) have signed an agreement to ensure a constant 10 megawatts of energy supply to its operations in the port of Kamsar. The planned connection will...
HRC steel: UK suspends anti-dumping measures from Russia and Iran
According to the UK's Trade Solutions Unit (TRA), the government has suspended anti-dumping duties on HRC blanks or other certain alloys imported from Russia and Iran, which are subject to a 25% safeguard measure, until the relevant import quota is exceeded. When the...