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.

In January-November 2024, EU scrap exports decreased by 9.3% compared to the same period in 2023, totaling 15.6 million tons. Turkey remains the largest importer, accounting for over 60% of total exports. Declines in exports to India and Pakistan indicate regional demand shifts. EU initiatives to preserve scrap for domestic production may further impact future exports.