ArcelorMittal's Pecém unit in Ceará state, Brazil, has approved the first phase of a project to build a new hot-rolled steel coil production line, with an initial investment of BRL 35 million (US$6.8 million) allocated to engineering studies and project development. According to the Ceará state government, full implementation of the rolling mill could eventually require an investment of around BRL 4.5 billion (US$872 million) and create approximately 3,000 construction-phase jobs. The Pecém plant, which currently produces steel slabs with a nominal capacity of 3 million mt per year, would gain the ability to produce higher-value hot-rolled coils under the plan, though physical construction awaits further board approval after the engineering phase concludes. The project reflects ArcelorMittal's broader strategy of adding downstream value at its Brazilian operations amid rising import competition in the domestic steel market. No firm construction start date has been set.
Jul 10, 2026 16:38Japan's Ministry of Finance enacted a Cabinet Order imposing a provisional anti-dumping duty on nickel-added cold-rolled stainless steel coil, sheet and strip originating from mainland China and Taiwan, effective July 9 through November 8, 2026. The duty rates range from 3.6% to 42.1% depending on the exporting company, with Taiwan's Yieh United Steel securing a comparatively low rate of 3.86% following the preliminary determination. The action follows an investigation launched in July 2025 after Japan's domestic industry alleged material injury from dumped imports. The measure is one of several anti-dumping and safeguard actions taken by importing countries against flat steel products in 2026 as global overcapacity concerns persist. Final duty determination is expected after the provisional period concludes.
Jul 10, 2026 16:38Japan has preliminarily ruled that nickel-added cold rolled stainless steel coil, sheet and strip from China and Taiwan were dumped and caused material injury to local producers. Provisional anti-dumping duties of 3.6%-42.1% will be imposed. If the investigation confirms dumping and injury, Japan may replace the provisional duties with definitive measures.
Jul 7, 2026 16:36The South African International Trade Administration Commission officially implemented protective trade safeguards targeting imports of coated flat steel products, effective late June 2026. The emergency structural mechanism applies a generalized three-year steel safeguard tariff on imported corrosion-resistant steel coils entering the Southern African Customs Union (SACU). The regulation is explicitly engineered to insulate domestic sheet-rolling mills from aggressive offshore trade diversion and stabilize base list pricing realizations across the regional manufacturing sector.
Jun 25, 2026 17:02The Government of Japan formally announced plans to deploy steep anti-dumping duties targeting imports of nickel-containing cold-rolled stainless steel coils, sheets, and strips from China and Taiwan, effective as early as next month. Following a detailed trade investigation launched in July 2025 after joint industrial complaints from Nippon Steel and Nippon Yakin Kogyo, authorities confirmed that the products were sold at artificially low dumped margins. Ad valorem penalty rates will reach up to 45% for Chinese shipments (including TISCO and POSCO PZSS) and up to 21% for Taiwanese goods
Jun 25, 2026 17:02Japan preliminarily determined to impose anti-dumping duties on nickel-bearing cold-rolled stainless steel coil, sheet and strip from China and Taiwan, after finding the imports were dumped and caused material injury to domestic producers. Trade minister Ryosei Akazawa said rates could reach about 45% for Chinese goods and about 21% for Taiwanese goods, with duties possibly taking effect as soon as July. The case, jointly run by METI and the Finance Ministry, began in July 2025 on a complaint led by Nippon Steel and Nippon Yakin Kogyo. China supplies about 20% of Japan's steel-product imports and Taiwan 17%. The measure would close an export outlet for Chinese and Taiwanese 300-series CR stainless amid global overcapacity, likely diverting tonnage to Southeast Asia and other markets.
Jun 25, 2026 16:13Belgium, as an important metal trading, port logistics and regional distribution hub in Europe, is one of the key destinations for stainless steel imports entering the European market.
PriceJun 11, 2026 11:31