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Wednesday, August 26, 2026

Import / Export

GCC billet market faces supply constraints as vessel delays disrupt deliveries

GCC rebar mills continue to face limited billet availability as vessel delays complicate deliveries into key markets. MESTEEL's August assessment puts UAE billet at...

Finished steel consumption gains momentum in Apr-Jul

India's finished steel production increased 4.7pct YoY to 54.7 mln tons during April-July 2026, according to Ministry of Steel data. Finished steel consumption rose 7.9pct...

Trump to impose 50pct tariff on Canadian steel, autos

US President Donald Trump said the United States will impose a 50pct tariff on Canadian steel, automobiles and automotive parts from January 1, 2027,...

Tata Steel’s Llanwern scales back galvanized steel production as Asian imports rise

Tata Steel's Llanwern galvanizing plant in South Wales is operating at around half capacity as increased availability of duty-free Asian steel weighs on orders...

GCC HRC supply tightens as logistics challenges limit sourcing options

GCC HRC availability is tightening as shipping disruptions and elevated freight costs make Chinese material increasingly difficult to secure, while Indian mills are gaining...

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