It is reported that South Korea imported 13.4 million tons of steel products in 2014, soaring by 34.9% from the last year.

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 128 million tonnes (Mt) in February 2015, a 0.6% increase compared to February 2014.

European Union trade officials approved pre-emptive penalties on imports of steel pipe from China, a precedent-setting move that suggests the trading bloc is growing more protectionist in the face of the economic downturn.

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 133 million tonnes (Mt) in January 2015, a -2.9% decrease compared to January 2014.

Indonesia has joined a growing list of countries that have imposed protectionist measures to safeguard interests of their domestic steel industries. Indian steel companies, too, have sought a duty hike to counter the impact of rising steel imports and are pinn...

China's steel production grew at its slowest rate in more than three decades in 2014 as a cooling economy in the world's largest producer curbed demand and the government moved to tackle overcapacity and pollution.

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 131 million tonnes (Mt) in November 2014, a 0.1% increase compared to November 2013.

The International Trade Commission (ITC) of the United States ruled on Dec 15,2014 that an American industry is materially injured by reason of imports of carbon and certain alloy steel wire rod from China, paving the way for the US government to levy punitive...