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News
India Gets 6.94 Lakh Tonnes Of Steel Quota Annually For Exports Under India-EU Free Trade Pact
1+ day, 3+ hour ago (505+ words) Published: September 13, 2026 at 4:10 PM IST New Delhi: 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…...
India to get 1.64 million-tonne EU steel quota; 6.95 lakh tonnes under FTA
1+ day, 4+ hour 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…...
How Karnaphuli EPZ transforms from loss-making steel mill to export hub
1+ day, 10+ hour ago (783+ words) Sunday September 13, 2026 Karnaphuli Export Processing Zone has generated more than $14 billion in cumulative exports and created nearly 80,000 direct jobs over two decades since it was established on the site of the loss-making Chittagong Steel Mills, which was shut down in…...
Cutting Canada tariffs alone won't flatten US aluminum premium, Alcoa says
3+ day, 20+ hour ago (495+ words) The steep premium paid for aluminum in the U.S. will not drop significantly even if Washington halves the tariffs on metal from neighboring Canada, because imports from other countries will still be needed, Alcoa’s (NYSE: AA) finance chief said on Thursday....
Steel Shortage and Soaring Prices in U.S. Prompt Hyundai Steel to Consider Korean H-Beams
3+ day, 15+ hour ago (486+ words) Published 11 Sep.2026 07:54(KST) On the 4th, key figures attending the groundbreaking ceremony of the HPLS (HYUNDAI-POSCO Louisiana Steel) electric arc furnace steel plant held in Louisiana, USA, took the first shovel of soil to mark the start of the factory construction....
Alcoa CFO: Canada Tariff Cut Alone Won't Erase Midwest Aluminum Premium - News and Statistics
3+ day, 19+ hour ago (351+ words) Alcoa's top finance executive said on Thursday that the hefty premium American buyers pay for aluminum is unlikely to shrink much even if Washington cuts tariffs on Canadian metal by half, since the country would still depend on supplies from…...
'This is a game changer': What's next for Hyundai Steel in Louisiana?
3+ day, 21+ hour ago (521+ words) Hyundai-POSCO Louisiana Steel representatives shared details as construction of the new mill is expected to continue over upcoming years near Donaldsonville in the Modeste area of Ascension Parish. Donaldsonville Mayor Leroy Sullivan interviewed Hyundai Steel Louisiana President Charles Jang and…...
Xinyu inaugurates electrical steel production facility
4+ day, 42+ min ago (235+ words) Published 10th September, 2026 by Pete Downham Xinyu Iron & Steel, part of Baowu Group, has inaugurated an electrical steel production facility, supported by process technologies supplied by Fives Group. The facility, based in Xinyu City, China, is set to produce 250kt of non-grain…...
U.S. weekly crude steel production continued to increase y-o-y
4+ day, 2+ hour ago (177+ words) Steel production stood at 1,818,000 net tons in the previous week, ending August 29, 2026. Over the same period, the capacity utilization rate declined to 78.3% from 78.7%. U.S. weekly crude steel production increased 1.7% year on year. In the week ending September 5, 2025, U.S. mills produced 1,777,000 net tons…...
US Steel Shipments Decline in July 2026: AISI Report - News and Statistics
4+ day, 3+ hour ago (221+ words) United States steelworks shipped 8.22 million short tonnes of steel in July 2026, a 3.7% decrease from June, according to a report by the American Iron and Steel Institute cited by GMK Center. The July 2026 figure was 5.4% higher than in July 2025. For the…...