Finished steel production reached nearly 17 million tons in the first seven months of this year, up 9.4 percent year on year.

Overall, in the short term, it was still difficult to find an upward driving force and operation under pressure was the main focus.

Kazakhstan is considering introducing export duties on commodities, including metals, to cover its budget deficit, while stimulating more downstream processing to be done domestically, local media reports said Aug. 15.

India has initiated an antidumping investigation on imports of hot-rolled flat products from Vietnam, according to a gazette notification published Aug. 14.

Calcium metal market remained in a relatively weak and stable state.

Türkiye's Tosyali to establish integrated iron and steel plant in Angola

The European Commission announced Aug. 8 an anti-dumping investigation for certain non-ferrous products originating from countries such as Egypt, India, Japan and Vietnam.

Vietnam's finished steel production is projected to hit 30 million tonnes this year, marking a 7% annual increase, according to the Ministry of Industry and Trade (MoIT).