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Japan launches anti-dumping probe into cold-rolled steel from South Korea, China, Taiwan

Japan launches anti-dumping probe into cold-rolled steel from South Korea, China, Taiwan

Japan launched an anti-dumping probe into cold-rolled steel from South Korea, China, and Taiwan, following requests from top steelmakers. The investigation, aiming to conclude within one year, addresses increased steel exports and potential duties.
US tariffs on agricultural machines to be cut, 50% metal levies stay

US tariffs on agricultural machines to be cut, 50% metal levies stay

The US will cut tariffs on farm equipment from 25% to 15% and introduce a 10% rate for products using 85% US metals. However, core metal tariffs remain at 50%, with limited benefits for India, impacting $2.9 billion in trade.
Steel Rises to 2-Week High

Steel Rises to 2-Week High

Steel rebar futures hit CNY 3,190/tonne in June, a two-week high, up over 3% year-to-date. Chinese stimulus measures are boosting demand expectations, driving the price surge.
Trump makes changes to steel, aluminum and copper tariffs

Trump makes changes to steel, aluminum and copper tariffs

Trump adjusted steel, aluminum, and copper tariffs, lowering rates to 15% for farm equipment and HVAC, and 10% for countries using 85% US metals. These temporary changes are effective Monday until end-2027.
Limited Relief For Indian Exporters: US Eases Some Metal Tariffs, But Core Duties On Steel, Aluminium Remain

Limited Relief For Indian Exporters: US Eases Some Metal Tariffs, But Core Duties On Steel, Aluminium Remain

The US eased some metal tariffs, reducing duties from 25% to 15% on specific equipment and introducing a 10% rate for US-origin metal products. However, core 50% steel/aluminium duties remain, offering limited relief for Indian exporters.
West Bengal Steel Expansion Reshapes Industrial Growth 

West Bengal Steel Expansion Reshapes Industrial Growth 

West Bengal's Howrah steel expansion is fully operational, adding several lakh tonnes of coated steel capacity annually. This boosts eastern India's industrial growth, supply chain, and employment, reflecting renewed confidence in the region's manufacturing.
West Asia conflict to impact SAIL steel prices marginally: Official

West Asia conflict to impact SAIL steel prices marginally: Official

SAIL anticipates a marginal ₹100-₹200 impact on steel prices due to the West Asia conflict, despite limestone costs rising from $23-$24 to $35. The company is securing raw materials via diverted routes, prioritizing supply over cost.
Strong Industrial Data Support Stable Iron Ore Prices [SMM Daily Review on Imported Ore] – Shanghai Metals Market (SMM)

Strong Industrial Data Support Stable Iron Ore Prices [SMM Daily Review on Imported Ore] – Shanghai Metals Market (SMM)

DCE iron ore futures closed at 780.5 yuan/mt, down 0.06%. Port spot prices fell 1-5 yuan, with lukewarm trading and cautious steel mill inquiries. Transactions were mainly at low prices.
Large green hydrogen project earmarked for India

Large green hydrogen project earmarked for India

Ohmium and InSolare partner for NLC India's 4 MW green hydrogen project in Tamil Nadu, aiming to produce up to 700 metric tons annually. This strategic collaboration supports India's energy transition goals.
Ministry Of Steel To Hold Open House On Steel Imports

Ministry Of Steel To Hold Open House On Steel Imports

Ministry of Steel hosts a virtual Open House on May 27, 2026, to discuss steel import issues. Companies must email by May 26, 5 pm, for a slot to resolve operational concerns.

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