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Positive Forecast for the Stainless Steel Sector: A Future of Growth in the Global Market.
According to data recently released by the International Stainless Steel Forum (ISSF), global consumption of stainless steel is set to increase significantly in the coming years. It is projected to increase by 4 percent by 2024 and 3 percent by 2025. These projections...
Turkey Imposes Anti-Dumping Duties on Steel Imports: A Strategic Step to Protect Local Industry
Turkey recently announced the imposition of anti-dumping duties on certain steel imports from China, Russia, India and Japan. This measure, published in the country's Official Gazette, aims to protect the domestic steel industry from unfair trade practices and support...
German Steel Sector Crisis: ThyssenKrupp Steel Announces Cuts and Reorganization
The crisis in the European steel market is hitting hard, and one of the industry's biggest players, ThyssenKrupp Steel (TKS), recently announced that its workers could face significant cuts due to the increasingly complex economic situation. According to German press...
Strong Growth in Iron and Scrap Exports from the US: Turkey and Bangladesh among the Top Recipients
Iron and scrap exports from the United States (US) recorded significant growth in August 2024, according to the latest data released by the US International Trade Commission. In August, the export volume reached 1,628,578 tonnes, marking a 28.1 per cent increase over...