South Korea’s Ministry of Finance and Economy has decided to officially impose provisional anti-dumping (AD) duties ranging from 22.34% and 33.67% on imports of Chinese galvanized steel sheets and coils, effective from June 12 to October 11, according to the latest notice issued by the Korean minist

China’s sales of excavators to both domestic and overseas customers continued racing ahead in May, jumping by a large 36.2% on year to total 24,794 units, according to the latest data released by the China Construction Machinery Association (CCMA).

The World Bank has cut its global growth forecast to 2.5% for 2026, down from 2.9% in 2025 and 0.1 percentage point below its January projection, according to its latest Global Economic Prospects report released on June 11.

Angang Steel Co (Ansteel), the Shenzhen-listed arm of China's second-largest steelmaker Ansteel Iron & Steel Group, has decided to hold the list prices of its carbon steel hot-rolled coils (HRC) steady for domestic sales in July, according to the company's latest announcement on June 11. The rollove

China Baowu Steel Group, the world's largest steelmaker, and Australian mining giant Rio Tinto, have completed industrial-scale trials demonstrating that mid-grade iron ore from Western Australia's Pilbara region can be used in hydrogen-based direct reduced iron (DRI) production, according to a pres