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Wednesday, June 3, 2026

Semi-finished

PSMA seeks tax, power tariff reforms in FY27 budget

Pakistan's Steel Melters Association (PSMA) has called on the government to abolish withholding tax on local scrap purchases and rationalize electricity tariffs in the...

Govt raises import duties on wide range of steel products

South Africa has increased import duties on a broad range of steel and steel-related products under amendments published in Government Gazette No. 54678 dated...

Mukand completes bloom caster upgrade at Kalwa steel plant

Indian steel producer Mukand Ltd has completed the modernization of its two-strand bloom caster at its Kalwa plant in Thane, Maharashtra, following the successful...

Billet imports rise sharply in Q1 2026

Turkey's billet imports increased sharply in the first quarter of 2026, according to data from the Turkish Statistical Institute (TUIK). The country imported around 1.27...

Scrap import prices hold steady amid cautious sentiment

Turkey's imported scrap prices remained largely stable this week, as steel mills continued cautious procurement amid weak finished steel demand and squeezed margins. HMS...

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