Demand for green steel in India will reach 4.49 million tons by 2030. This is stated in a report by Ernst & Young Parthenon, The Economic Times reports.The growth in demand will be driven by construction, infrastructure and the automotive industry. By the 2039/2040 fiscal year, it could reach 73.44 Read More

Baoshan Iron & Steel (Baosteel), a subsidiary of China Baowu Steel Group, is increasing its prices for hot-rolled coil (HRC) by 200 yuan per tonne ($27.8/t) for domestic sales in September. This was reported by Kallanish.The company is announcing a hike in its list prices for HRC for the second cons Read More

China increased steel exports by 1.6% in July 2025 compared to the previous month to 9.836 million tons. This is reported by SMM with reference to customs data.In January-July, total exports of steel products amounted to 67.983 million tons (+11.4% y/y).In particular, according to SMM, in July, the Read More

US President Donald Trump increased tariffs from 25% to 35% on all Canadian goods not covered by the USMCA trade agreement from August 1.Goods transported to another country to avoid new tariffs will be subject to a 40% transshipment duty, according to a White House statement.Washington, Reuters not Read More

In January-June 2025, Spanish steel enterprises increased steel production by 5.4% compared to the same period in 2024, to 6.58 million tons. Thus, the country ranks 15th in the WorldSteel Association’s global ranking of steel-producing countries (70).In June, Spanish steelmakers produced 1.11 milli Read More

Chinese steelmakers are getting around tariffs in countries like Indonesia and Turkey by actively exporting semi-finished products, Reuters reports.According to industry sources, this tactic undermines barriers against the flow of cheap Chinese metal. It also causes concern in Beijing due to the sha Read More

At the beginning of July, the global rebar market is showing mixed dynamics. Turkey recorded its lowest prices since the beginning of the year due to weak demand and export problems. Europe is experiencing a seasonal lull. In contrast, the US is seeing price growth due to new trade barriers, while t Read More

Steel market participants and industry observers warn that the new EU state aid framework program designed to support the Clean Industry Agreement (CISAF) could be undermined by uneven implementation at the national level, Fastmarkets reports.Eurometal President Alexandre Julius noted that the assoc Read More