Driven by market dynamics and policy shifts, India’s steel prices have seen a notable rise [1] in recent months. However, the specter of a global trade war looms large, raising concerns about the stability of the industry. In March 2025, hot rolled coil (HRC) prices in Mumbai increased by ₹600 per tonne month-on-month, reaching ₹49,000 […]
Shein’s Executive Chairman, Donald Tang, has assured that US tariffs imposed during the Trump administration will not hinder the company’s operations in the American market. Speaking to AFP in France, Tang reaffirmed Shein’s commitment to delivering goods efficiently despite the additional 20% levy on Chinese imports. The tariffs reflect ongoing trade tensions between Washington and […]
The Australian Government has decided to invest $750 million in advancing new technologies in the metals manufacturing sector to maintain their position in the global competition. The funding is considered a part of the larger picture behind the $1.7 billion future made in Australia Innovation Fund, introduced in the 2024/2025 Budget, according to the government. […]
EU has announced their temporary anti-dumping duties ranging between 6.9% and 33% on hot rolled steel coil (HRC) imports from Japan, Vietnam, and Egypt, until a final decision is made by October. Previous reports also show that the imports of aluminium road wheels from Morocco were found to be unfairly subsidised, including those via China’s Belt […]
The Secondary Materials and Recycled Textiles Association (SMART) has called on the U.S. Trade Representative (USTR) to resolve restrictions on U.S. exports of worn clothing. SMART emphasized that an increasing number of countries are restricting or outright banning these essential exports. This behavior harms not only the US textile recycling industry but also the global […]
India’s steel industry is grappling with mounting challenges as cheap imports from China and aggressive global tariff policies put pressure on domestic prices and profitability. Leading steelmakers, including Tata Steel and JSW Steel, are facing reduced rating headroom, as highlighted by Fitch Ratings in its latest report. The influx of discounted steel imports from China […]
