EU's direct reduced iron (DRI) imports fell 18% year-on-year to 587.3k tons in Q1 2025. Russia remains top supplier despite 26.8% decline, while Italy leads EU demand with 351k tons (+88.5% y/y). Latest Eurostat analysis.

In April 2025, China witnessed a significant 13.4% yearly surge in steel exports, reaching a high not seen since 2015. This increase is attributed to the rising trade tensions and anti-dumping measures, forcing Chinese sellers to seek new markets.

US hot-rolled coil prices fell to $952/mt in late April as market sentiment stabilized post-tariff excitement. Auto industry demand and global steel trends analyzed.

Global ferroalloys prices declined in mid-April due to weak demand despite rising production costs. Spot offers for Mn 65% silicomanganese in China fell to $799-$836/t, while Indian prices also dropped. Rising electricity tariffs and anti-dumping investigations further pressure the market.

South Korean steelmaker POSCO is considering partnering with Hyundai Steel on a $5.8 billion Louisiana plant to mitigate US steel tariffs. The collaboration could reduce costs for both companies.

China announces a 34% additional tariff on US imports effective April 10, responding to US trade measures. The move escalates the ongoing trade tensions between the two nations.

Explore the latest trends in HRC prices as weak demand impacts the global hot-rolled coil market in mid-March. Insights on China, India, US, and Europe steel dynamics.

Canada has announced $21 billion in retaliatory tariffs targeting US steel and aluminum imports, escalating the ongoing trade conflict. Explore the implications for industries, diplomacy, and global markets.

European steel producers are braced for increasing hot rolled coil prices due to consumer optimism and the European Commission's softened CO2 emissions targets. The market is psychologically ready for the price hike, with distributors and traders forecasting a rise.

The European Commission has launched a strategic dialogue with key steel industry representatives to discuss plans for strengthening the sector's competitiveness, driving environmental transition, and ensuring fair trade relations.

Trump administration adds 167 steel derivatives, including fasteners and prefabricated buildings, to the Section 232 tariff list aiming to protect domestic steel producers by adjusting tariffs on imported steel products.

Global iron ore exports grew by 2% in 2024, reaching 1.6 billion tons. Australia led with 866 million tons. China imported a record 1.24 billion tons, driven by improved macroeconomic conditions and stable steel production. Explore key trends and insights.