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Steel mills face margin squeeze as global coking coal prices rise
3+ week, 4+ day ago (491+ words) Steel mills are facing mounting pressure on margins as higher coking coal prices, driven by supply disruptions in Australia and China and the Iran war, raise steelmaking costs, executives and analysts said. India is the world's biggest crude steel producer…...
US to halve tariffs on Canada steel, aluminum in trade deal
3+ week, 4+ day ago (552+ words) The tentative trade deal between the US and Canada would lower tariffs on certain Canadian exports of steel and aluminum to 25%, according to people familiar with the matter. The details have yet to be finalized and are not expected to…...
India to get 1.64 million-tonne EU steel quota; 6.95 lakh tonnes under FTA
9+ hour, 59+ min ago (591+ words) India will get country-specific tariff-rate quotas (TRQs) totalling 1.64 million tonnes annually for exporting steel products to the European Union, of which 6,94,853 tonnes will be under the free trade agreement, according to the draft text of the pact released by the…...