News Archives - Vietnam Billet Rebar Wire Rod

The Indian government will increase its focus on steel industry and raw material security

by: qcv News, TIN TỨC 0 2026-01-25 08:50:55

The country offers incentives for the production of high-quality and special steel The Indian government will increase its focus on steel production and raw material security as part of its 2030 goals, according to The Economic Times. The country aims to achieve a steel production capacity of 300 million tons by 2030. The main focus is […]

Demand for steel in India will grow by 8% in FY2025/2026 – ICRA

by: qcv News, TIN TỨC 0 2026-01-25 08:49:42

The operating margin of the steel sector will remain largely unchanged during this period Demand for steel in India in fiscal year 2025/2026 (ending March 31, 2026) will grow by approximately 8% (11-12 million tons) due to stable consumption from the infrastructure and construction sectors. This forecast was given by the rating agency ICRA in its December […]

US tariff policy affects Japanese steel industry – JISF

by: qcv News, TIN TỨC 0 2026-01-25 08:47:59

At the same time, the Ministry of Economy gives a pessimistic forecast for steel demand at the end of the 2025/2026 financial year The Trump administration’s tariff policy is blocking steel trade flows and has a significant impact on Japan’s steel industry, which has a high export ratio. This was announced at a briefing […]

EU imported 4.19 million tons of steel products from Russia in January-October

by: qcv News, TIN TỨC 0 2026-01-25 08:47:22

The bulk of production consists of pig iron, steel semi-finished products, and direct reduced iron In January–October 2025, the European Union (EU) imported 4.19 million tons (-10.7% y/y) of steel raw materials of Russian origin. The cost of importing these products reached €1.72 billion (-23.4% y/y). This is evidenced by GMK Center calculations based on […]

Egypt’s Arcosteel announces $126 million investment in new steel capacity

by: qcv News, TIN TỨC 0 2026-01-25 08:45:03

The funds will be used to increase production for the automotive, machine-building, and engineering industries Egyptian special steel producer Arcosteel, part of the El Ashry Steel Group, has announced a large-scale investment program for 2026 worth EGP 6 billion ($126 million) aimed at expanding production capacity and strengthening the company’s position in both domestic and […]

The US has set preliminary countervailing duties on steel products from three countries

by: qcv News, TIN TỨC 0 2026-01-25 08:44:18

The Ministry of Trade has published preliminary rates for producers from Algeria, Egypt, and Vietnam The US has set preliminary countervailing duties (CVD) for rebar producers from Algeria, Egypt, and Vietnam—the three largest suppliers of this product to the country before the tariffs were introduced in March 2025. This was reported by Argus Media. The US Department […]

Global steel production in 2025 decreased by 2% y/y

by: qcv News, TIN TỨC 0 2026-01-25 08:40:55

In December, this indicator decreased by 3.7% on an annualised basis Global steel production in 2025 decreased by 2% year-on-year – to 1.8 billion tonnes. This is evidenced by the World Steel Association’s global ranking of steel-producing countries (70). Total steel production in the CIS countries + Ukraine fell by 4.4% year-on-year – to 81.3 million tonnes […]

European steel importers face difficulties due to CBAM implementation – Eurometal president

by: qcv News, TIN TỨC 0 2026-01-25 08:34:06

The market faces surprises due to last-minute rules The European steel import sector is facing difficulties in implementing the Carbon Border Adjustment Mechanism (CBAM) due to unexpected costs resulting from last-minute regulations. This was stated by Eurometal President Alexander Julius in an interview with Platts (S&P Global). The European Commission published more than 1,600 pages of new calculation coefficients in […]

US-based Worthington Steel to acquire Klöckner & Co for $2.4 billion

by: qcv News, TIN TỨC 0 2026-01-25 08:32:57

The deal is expected to close in the second half of the year US-based Worthington Steel has announced that it will acquire German steel distributor Klöckner & Co in a deal worth $2.4 billion to strengthen its position in the North American metalworking sector. The deal will be carried out through a voluntary tender offer in Germany […]

Kametstal mastered 7 new types of steel products in 2025

by: qcv News, TIN TỨC 0 2026-01-25 08:11:32

The company has expanded its range of wire rod and shaped rolled products for the Ukrainian and EU markets In 2025, the Kametstal Steel Plant once again confirmed its leading position among the steel enterprises of the Metinvest Group in terms of the number of new product ranges developed. Of the 11 new types of […]