Steel trade, import & export news.

India Proposes Temporary Tax of Up to 25% to Curb Cheap Steel ...
india steel trade
Fri, 20 Dec 2024 09:40:00 GMT
India is poised to impose a safeguard duty, or temporary tax, of up to 25% on steel imports to curb the influx of inexpensive steel from


Iron ore hits near 1-month low on China concerns, Fed outlook
iron ore market usa
Fri, 20 Dec 2024 00:00:00 GMT
Iron ore futures prices fell on Thursday to their lowest in nearly a month, as concerns about demand prospects in top consumer China and the U.S. Federal Reserves outlook for interest rate cuts next year weighed on sentiment. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 1.08% lower at 778.5 yuan ($106.66) a metric ton, after hitting the lowest since Nov. 22 at 767.5 yuan earlier in the session. The benchmark January iron ore SZZFF5 on


Iron ore rebounds as China stimulus hopes outweigh weak fundamentals
china iron ore market
Tue, 17 Dec 2024 00:00:00 GMT
Prices of iron ore futures rebounded on Monday, as a revival of hopes for monetary easing in top consumer China outweighed faltering near-term demand and bleak property data that had sent prices to the lowest levels in one week earlier. The most-traded January iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 0.5% higher at 802.5 yuan ($110.23) a metric ton. It slid to the lowest level since Dec. 6 at 788 yuan a ton earlier in the session. The benchmark January


EU Commission initiates review of EU Safeguard Measures on Steel ...
europe steel trade
Tue, 17 Dec 2024 00:00:00 GMT
European Commission has initiated a functional review of the EU Safeguard measures on steel imports...


Stalprofil revenue drops, foresees further import pressure
steel trade turkey
Mon, 16 Dec 2024 00:00:00 GMT
Stalprofil says EU steel imports from the Far East and Turkey, despite safeguard measures, are...


Germany Urged To Boost Competitiveness With Green Feedstock Imports
germany steel trade
Fri, 13 Dec 2024 00:00:00 GMT
Dec 13, 2024 Germany urged to boost competitiveness with green feedstock imports Germany should bolster its long-term competitiveness in the chemical and steel industries by importing cost-effective... View


EXCLUSIVE: India and US Face Rising Steel Tensions Amid Chinas ...
india steel trade
Thu, 12 Dec 2024 12:30:00 GMT
Key Takeaways • Both the US and India are grappling with the impact of increased steel imports and protectionist measures. •


Uzbekistan: NMMC to issue $500 million in eurobonds in 2025
market mmk uzbekistan
Tue, 03 Dec 2024 00:00:00 GMT
In 2025, the Navoi Mining and Metallurgical Company (NMMK) plans to issue eurobonds worth $500 million. In 2024, NMMK successfully placed eurobonds on the international market, raising $1 billion. These bonds were listed on the London Stock Exchange in October. According to Fitch Ratings, the bond issuance is an important step in implementing NMMKs


Kyrgyzstan: entrepreneurs complain about lack of wagons for coal ...
coal trade uzbekistan
Mon, 25 Nov 2024 00:00:00 GMT
Entrepreneurs complain about the lack of wagons for coal export to Uzbekistan, MP Yrysbek Atazhanov has reported at a meeting of Mekenchil parliamentary group. According to him, representatives of Kyrgyz companies addressed the MPs. They say that there is a lack of wagons. Create conditions for entrepreneurs. Taxes will be paid, jobs will be


Tata Steel Wants To Use Norwegian Hydrogen To Clean Up Dutch ...
ghg norway steel tata trade
Thu, 14 Nov 2024 00:00:00 GMT
Nov 14, 2024 Tata Steel wants to use Norwegian hydrogen to clean up Dutch steelworks Tata Steel plans to import liquid hydrogen produced in Norway to the Netherlands for use... View


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