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Steel: US producers urge Congress to act with trade remedies law
The American Iron and Steel Institute is again calling on Congress to take action to update US trade remedies laws that steelmakers say have not kept pace with efforts by China and other nations to circumvent and evade import duties. In talks with lawmakers, there has...
Aluminium: Europe could clash with US if EU bans Russian metal
European and US buyers will aggressively vie for Middle Eastern aluminium if the European Union bans Russian metal in the coming months, triggering a price rise reminiscent of that of 2018 when sanctions were imposed on Rusal. The rush for aluminium from Middle...
Steel: Indian demand clashes with an influx of Chinese imports
A recent report by India's Ministry of Steel revealed that the country has become a net importer of steel for the first time this fiscal year and the fourth time in a calendar year. During this month, the country imported 587,000 tonnes of steel, while exports...
In January, Turkey became Europe’s largest steel producer
According to the Turkish Steel Producers' Association (TÇÜD), Turkey's crude steel production increased by 24.7 per cent year-on-year to 3.2 million tonnes in January this year, making it the seventh largest crude steel producer in the world. With this performance,...