Steel trade, import & export news.

Iron ore range-bound as Chinas property woes counter resilient ...
iron ore market singapore
Wed, 19 Mar 2025 00:00:00 GMT
Iron ore futures were range-bound on Tuesday, as investors balanced the ongoing weakness in Chinas struggling property market with the sustained demand for the key steelmaking ingredient, supported by stronger steel margins. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 0.58% lower at 777 yuan ($107.45) a metric ton. The benchmark April iron ore (SZZFJ5) on the Singapore Exchange was little changed at $102.1 a ton, as of 0700 GMT. The


Uzbekistan: Chinas Limaomaoli Metal confirms interest in investing
investment iron ore uzbekistan
Mon, 17 Mar 2025 00:00:00 GMT
On March 14, Deputy Minister of Investments, Industry and Trade Ilzat Kasymov held a meeting with Song Liping, the CEO of Limaomaoli Metal Company. The company is implementing a project to develop the Syurenota iron ore deposit in the Tashkent region. During the negotiations, the parties discussed the progress of the project, key challenges


Iron ore rebounds as near-term China demand stays resilient
iron ore market singapore
Fri, 14 Mar 2025 00:00:00 GMT
Prices of iron ore futures rebounded on Thursday, driven by a wave of short-covering as near-term demand in top consumer China stayed resilient, although concerns over escalating trade tensions limited the upside. The benchmark April iron ore contract on the Singapore Exchange jumped 1.23% to $101.90 a metric ton, as of 0735 GMT. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) closed daytime trade 0.45% higher at 780 yuan ($107.68) a ton. Prices are


EUs CBAM may disrupt Indias steel industry, says study
ghg india investment steel
Thu, 13 Mar 2025 00:00:00 GMT
A study by IIM-Lucknow and IMT-Ghaziabad highlights the challenges Indias small- and medium-sized steel enterprises (SMEs) face due to the EUs Carbon Border Adjustment Mechanism (CBAM). While large firms may adapt, SMEs struggle with financial and technological constraints, leading to unequal decarbonisation. The study urges the EU to support SMEs via technology transfers and capacity-building to ensure fair climate policies. It also warns of trade complexities and stresses global


Trump's import tariffs may even the odds for Asian exporters ...
politics steel usa
Wed, 12 Mar 2025 21:25:02 GMT
The East Asian steel industry hopes that China's economic stimulus measures and U.S. import duties can revive the market after a slow


EU changes in HDG and CRC quotas will hit imports
eurofer europe steel trade
Wed, 12 Mar 2025 21:20:02 GMT
Initially, a more significan't reduction in quotas was expected at the request of the European Steel Producers Association Eurofer. With the


Forbes Names Metinvest Ukraines Largest Exporter
metinvest russia trade
Wed, 12 Mar 2025 10:40:11 GMT
Metinvest Group, together with its joint ventures, has been named Ukraines largest exporter in 2024 by Forbes Ukraine.


EU's proposed new steel import safeguards not tough enough, mills ...
steel trade
Wed, 12 Mar 2025 00:00:00 GMT
The EU has notified the World Trade Organization (WTO) of adjustments to the regions steel...


Metinvest and Danieli sign shareholder agreement for a new plant ...
danieli investment metinvest russia steel
Tue, 11 Mar 2025 00:00:00 GMT
This agreement is an important component of the project to construct a modern steel plant in Piombino, Italy. It formalizes the main agreements between Metinvest and


Ukraine: EC to prolong duty-free steel imports
steel trade ukraine
Tue, 11 Mar 2025 00:00:00 GMT
The European Commission suggests prolonging the support of Ukrainian metal industry by retaining the current duty-free imports of steel. With this initiative the Ukrainian steel sector could continue exporting its products to the European Union without limitations, which is an important income source for Ukraine. This decision aims to support Ukrainian manufacturers in difficult


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