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FerrumFortis

Weekly Chronicles: 20 June 2025 (Week 25)

सोमवार, 23 जून 2025

Synopsis: Amid mounting geopolitical tremors, global energy and commodity markets are grappling with heightened uncertainty. The Strait of Hormuz, a vital artery for nearly 20% of global crude, faces potential blockade threats following US strikes on Iranian nuclear facilities. Tehran’s retaliatory posturing has pushed WTI crude prices above $75, unnerving investors and placing the global energy supply chain on edge. Europe, already entangled in its own energy dilemmas, continues to navigate a delicate dance between gas dependence and decarbonisation. The continent’s energy equation remains vulnerable, caught between geopolitical realignment and infrastructural inadequacies.
In parallel, the ferrous complex shows mixed signals. Iron ore prices remain resilient, underpinned by Chinese restocking and cautious optimism, despite uneven demand recovery across industrial sectors. On the other hand, metallurgical coal markets are mellowing, as weak downstream steel consumption and cautious buying patterns prevail. The scrap market in Turkey is likewise subdued, constrained by tentative demand and ongoing tariff disputes that weigh on trader confidence.
The real estate slump in China continues to erode rebar demand, with property developers mired in liquidity woes and policy support proving insufficient to galvanise consumption. This structural stagnation exacerbates pressures on Chinese steel mills, many of which are scaling back production in the face of dwindling margins. In Southeast Asia, Vietnam’s HRC market remains a picture of volatility, pressured by high inventory levels, uncompetitive domestic pricing, and aggressive Chinese & Russian export offers.
Globally, the steel sector finds itself adrift in a fiscal fog, as faltering margins and macroeconomic ambivalence force producers to tread cautiously. Amid this uncertainty, India has stirred the trade pot with a regulatory swerve, an amended Quality Control Order now mandates BIS certification not only for hot-rolled coils but also for upstream input materials like HR slabs. The directive has thrown importers into disarray, sidelined major exporters such as China, and restructured India’s import landscape. While domestic mills may benefit temporarily from reduced competition, the long-term risk of overcapacity and export uncompetitiveness looms large.

FerrumFortis

Steel Shock & Shrapnel: Sinister Scourge Strikes Scrap Site in Kano

सोमवार, 23 जून 2025

Synopsis: - An explosion at Yongxing Steel Company in Kano’s Mariri Quarters killed five people and injured ten others. The blast occurred while scrap metal was being offloaded, prompting a swift investigation by the Kano State Police Command.

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POSCO Probes Profitable Prospects, Plans Purposeful Portfolio Pruning

सोमवार, 23 जून 2025

Synopsis: - POSCO Group, under new leadership, is reviewing the sale of its Chinese electric steel sheet subsidiary and Vietnam construction arm as part of a wide 2025 restructuring program that aims to divest low profit and non core assets.

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Subsidy Soaked Steel Surge Stalls LatAm’s Strategic Steel Sector

सोमवार, 23 जून 2025

Synopsis: - Ezequiel Tavernelli of Alacero warns that systemic subsidies from China on steel, coupled with US tariffs, threaten 1.4 million jobs in Latin America’s steel value chain. He urges regional coordination and policy support to defend local industry.

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Strategic Severance Spurs Shift: Yamato Kogyo Shelves Steel Stakes

सोमवार, 23 जून 2025

Synopsis: - Japan’s Yamato Kogyo has divested its steelmaking interests in the Middle East, marking a strategic retreat from the region. The move reflects the company's renewed focus on core operations amid evolving global market dynamics.

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Steelstream Strain: Brazil Battles Beijing & Moscow Dumping Deluge

सोमवार, 23 जून 2025

Synopsis: - Brazil’s government has launched anti dumping investigations into carbon steel wire from China and Russia, following evidence of injurious pricing that threatens domestic producers. The probes aim to protect manufacturers and workers across Brazil’s value chain.

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Malaysia Maintains Mandated Measures Mitigating Malfeasant Metal Market Maneuvers

सोमवार, 23 जून 2025

Synopsis: - Malaysia’s Trade Ministry announced it will keep anti-dumping duties on cold rolled iron and non-alloy steel coils from China and Japan, while lifting duties on similar imports from South Korea and Vietnam. This decision aims to protect the domestic steel industry from unfair pricing practices.

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Canadian Compliance Confronts China’s Cheap Coils: Tribunal’s Trenchant Take

सोमवार, 23 जून 2025

Synopsis: - Canada’s International Trade Tribunal has found reasonable evidence that carbon and alloy steel wire from ten countries, including China, India, Türkiye and Vietnam, is being dumped and injuring domestic producers like Sivaco Wire Group and ArcelorMittal Canada. The Canada Border Services Agency will issue a preliminary ruling by July 21, 2025.

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Cold Spray Surge Strengthens Subterranean Steel Structures Sustainably

सोमवार, 23 जून 2025

Synopsis: - UMass Amherst and MIT, partnering with MassDOT, have successfully used cold spray 3D printing to repair a corroded beam on a bridge in Great Barrington, Massachusetts, demonstrating a fast, cost-effective, and minimally disruptive approach to infrastructure renewal.

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Structural Stagnation & Strategic Schism: IMF’s Stirring Summons to Europe

शनिवार, 21 जून 2025

Synopsis: - The International Monetary Fund, led by Alfred Kammer and Geoff Gottlieb, has sounded an alarm over Europe’s sluggish growth, urging the EU and member states to tackle trade fragmentation, fiscal misalignments & weak productivity through structural reforms.

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Strategic Stewardship Secured as Supervisory Signals Solidarity for Señor López

शनिवार, 21 जून 2025

Synopsis: - Thyssenkrupp AG has extended CEO Miguel Ángel López Borrego’s contract by five years, until May 2031, affirming its confidence in his transformative leadership during a pivotal period of restructuring and decarbonisation.

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Bosnian Bastions Bought: Pavgord Procures ArcelorMittal’s Metallic Mainstays

शनिवार, 21 जून 2025

Synopsis: - ArcelorMittal has signed a deal to divest its Bosnian assets, ArcelorMittal Zenica and ArcelorMittal Prijedor, to Pavgord Group, transferring all jobs. The move follows a strategic review, with closure expected in Q3 2025.

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Metallic Momentum & Market Mettle: Ternium Touts North American Tenacity

शनिवार, 21 जून 2025

Synopsis: - At the World Steel Dynamics Forum in New York, Máximo Vedoya, CEO of Ternium, expressed confidence in the resilience of North America’s steel industry. He praised the US-Mexico-Canada Agreement for fostering regional trade & predicted sustained demand for steel as infrastructure & industry continue to grow.

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Steel Struggles & Statutory Stalemates: Unesid’s Stern Supplication to Spain

शनिवार, 21 जून 2025

Synopsis: - Spain’s steel association Unesid, led by Bernardo Velázquez & Carola Hermoso, has urged the government and the European Union to ensure fair energy prices, strong trade protections & a stable regulatory framework to support the struggling metallurgical sector amid rising costs & foreign competition.

FerrumFortis

Spray-Cooled Synergy & Strategic Safety Surge Strengthen Steel Sustainability

शनिवार, 21 जून 2025

Synopsis: - SMS group has entered a strategic partnership with The Systems Group to integrate Spray-Cooled® technology into electric arc furnace and secondary metallurgy solutions, enhancing operational safety, energy efficiency, and sustainability for steelmakers worldwide.

FerrumFortis

Stainless Steel Supremacy & Sustainable Sophistication: TISCO’s Stellar Surge

शनिवार, 21 जून 2025

Synopsis: - TISCO Stainless Steel, a leader in high-end metallurgy, has surpassed 6 million metric tons in annual stainless steel output, driven by smart technology, sustainable practices & a robust innovation strategy across China.

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Bureaucratic Bastion Begets Barriers: Flat Steelmakers Forge Fortress India

शुक्रवार, 20 जून 2025

Synopsis: - The Indian steel ministry has amended its Quality Control Order to mandate BIS certification not just for finished hot-rolled coils, but also for input materials like slabs. The move, driven by Indian flat steel producers, has created confusion & concern among importers, particularly from China & FTA countries, effectively turning India into a protected steel island.

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Counter-Tariff Counterpunch: Canada’s Calculated Crusade to Confront Coercive Commerce

शुक्रवार, 20 जून 2025

Synopsis: - Canada has announced sweeping new measures to shield its steel & aluminum industries from what it calls “unjust” U.S. tariffs. Finance Minister François-Philippe Champagne, PM Mark Carney, & other ministers detailed the strategy, which includes counter-tariffs, trade quotas, procurement preferences, & emergency financial support.

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Steel Sector Suffers Skyrocketing Sojourn Amid Soaring Energy Squeeze

शुक्रवार, 20 जून 2025

Synopsis: - UK’s iron & steel sector has grappled with a £1.8 billion surge in energy costs since 2021, says an ECIU analysis. Industry leaders including Jess Ralston and Gareth Stace stress that heavy investment in domestic renewables and policy reforms are vital to secure the future of British steel.

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Rouble Ructions & Rate Rises Ravage Russia’s Resolute Steel Sector

शुक्रवार, 20 जून 2025

Synopsis: - Russia’s steel industry is confronting a severe downturn as Severstal CEO Alexander Shevelev warns of imminent production cuts and plant closures due to high costs, a surging ruble, and falling demand. Government officials, including Industry Minister Anton Alikhanov, signal planned tax relief and regulatory easing to help the struggling sector amid declining exports and domestic consumption.

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Posco’s Pioneering Prestige Perpetuates Preeminence in World Steel Dynamics’ Pantheon

शुक्रवार, 20 जून 2025

Synopsis: - South Korea’s Posco Group, chaired by Chang In-hwa, has achieved a historic milestone as the first steelmaker permanently inducted into the World Steel Dynamics Hall of Fame. This accolade recognizes Posco’s unrivaled global steel competitiveness over 15 consecutive years, celebrated at the prestigious Global Steel Dynamics Forum in New York City.

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Pavgord Poised for Prodigious Purchase: ArcelorMittal Assets Await Acquisition

शुक्रवार, 20 जून 2025

Synopsis: - Bosnian company Pavgord is nearing completion of a deal to acquire ArcelorMittal’s iron ore mine in Prijedor & steel plant in Zenica, assuming all related debts and liabilities, including historically heavy environmental and operational burdens.

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Alleima’s Astute Alliance Amplifies Anglo Alloy Access Amidst Ascendant Aspirations

शुक्रवार, 20 जून 2025

Synopsis: - Alleima, a global frontrunner in advanced steels and specialty alloys, has formed a strategic partnership with George Ibbotson (Steels) Ltd., a third-generation Sheffield-based steel distributor. This alliance aims to enhance distribution of Alleima’s premium precision strip steels across the UK, bolstering local supply chains and elevating customer service standards.

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Resplendent Rizhao’s Robust Realization Reverberates: 4.5mm Galvanized Checker Plate Triumph

शुक्रवार, 20 जून 2025

Synopsis: - China’s Rizhao Steel has pioneered a thicker 4.5mm galvanized checker plate, broadening its product range to meet diverse industrial demands. This advancement results from cross-functional collaboration and cutting-edge continuous pickling and galvanizing technology.

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Fairfield Fatality Fuels Federal Forensics & Factory Wide Safety Focus

गुरुवार, 19 जून 2025

Synopsis: - On June 16, 2025, 39-year-old Michael Dewaine Townsend was killed in a railcar accident at U.S. Steel’s Fairfield plant in Alabama. Federal investigations are underway as the incident raises urgent concerns about industrial rail safety protocols.

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Paltry Paychecks & Piqued Protestors: Tata’s Turmoil Turns Tempestuous in Lisburn

गुरुवार, 19 जून 2025

Synopsis: - A 48-hour strike erupted at Tata Steel’s Lisburn plant on June 18, as employees demand better wages after years of stagnant salaries. Backed by Unite the Union, the protest targets the erosion of skill-based pay and highlights stark disparities within the global steel giant's UK operations.

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Pittsburgh Partnership Paves Path Breaking Progress & Production Prowess

गुरुवार, 19 जून 2025

Synopsis: - Nippon Steel has finalized its $14.9 billion acquisition of U.S. Steel, forming a global steelmaking giant while maintaining U.S. Steel’s name, leadership, and Pittsburgh headquarters. The deal includes a $11 billion investment commitment and a national security agreement with the U.S. Government.

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Calvert Consolidation Catalyses Carbon-Conscious Capability & Competitive Clout

गुरुवार, 19 जून 2025

Synopsis: - ArcelorMittal has completed the acquisition of Nippon Steel’s 50% stake in the Calvert steel facility, gaining full ownership of one of North America’s most advanced steelmaking sites. With a new electric arc furnace and upcoming electrical steel facility, Calvert is set to anchor the company’s low-CO₂ production strategy in the U.S.

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Titanic Tube Transformer & Triple Triumph: Tosyalı’s Steel Supremacy Surge

गुरुवार, 19 जून 2025

Synopsis: - Tosyalı Holding, led by Fuat Tosyalı, soared to Türkiye’s top and Europe’s third-largest steel producer in 2024 by boosting output to 9.12 mt, entering the global Top 50 and vying for a Top 20 position through $6 billion in sustainability-driven investments.

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Township Talent Triumphs Through Transcontinental Tech & Transit Transformation

गुरुवार, 19 जून 2025

Synopsis: - Unica Iron & Steel secured a R500 million contract to supply 14,000 metric tons of steel for Hyderabad’s Innovation & Mobility District, led by young black engineers from South African townships, even as the company navigates legal scrutiny over workforce and financial conduct.

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Industrial Intelligence Ignites Imperative Improvement & Insightful Impact

गुरुवार, 19 जून 2025

Synopsis: - Infinite Uptime launched its AI-driven PlantOS™ and Production Outcomes-as-a-Service, POaaS, at the Global Steel Dynamics Forum. The platform delivers nearly 99.97% equipment uptime and up to 2% energy savings for heavy industries, with proven results at firms like JSW Steel.

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BlueScope Backs Bold Breakthroughs by Bringing Danieli to Boost Buckeye Plant

गुरुवार, 19 जून 2025

Synopsis: - North Star BlueScope Steel has chosen Danieli to modernise key elements of its Quality Strip Production facility in Delta, Ohio. The project includes replacing the original laminar cooling system and installing a third downcoiler to enhance capacity, product range, and operational efficiency by 2027.

FerrumFortis

Prodigious Plate Precision & Programmable Power: Jingye’s Automation Ascension

गुरुवार, 19 जून 2025

Synopsis: - SMS group has completed an advanced automation upgrade of Jingye Steel Co., Ltd.’s five-meter heavy plate mill in Yingkou, China. The modernisation integrates the X Pact® ProBAS level 1 system, EtherCAT I/O, & embedded control modules, dramatically enhancing performance, safety, and digital adaptability.

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Precision Pressures & Pioneering Processes: ETE’s €11M Melting Modernisation Masterstroke

गुरुवार, 19 जून 2025

Synopsis: - Energietechnik Essen GmbH is investing €11.4 million to transform its melting operations through the installation of a world-unique Pressure Electroslag Remelting (P-ESR) unit and the modernisation of its ESR system. This bold move will bolster Cronidur® 30 production, advance sustainability goals & reinforce ETE’s position as a global leader in specialty steels.

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Pilgering Pinnacle & Precision Prowess: Jiuli’s Tube Making Triumph

गुरुवार, 19 जून 2025

Synopsis: - Zhejiang Jiuli Hi Tech Metals, a major stainless steel tube maker, is installing three advanced cold pilger mills (one KPW 50 LC & two KPW 25 LC) from Germany’s SMS group to scale production and precision for instrumentation & steam generator alloys, strengthening its global supply capacity.

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Strategic Steel & Sovereign Seas: SAIL Strengthens Subaqueous Supremacy

गुरुवार, 19 जून 2025

Synopsis: - Steel Authority of India Limited supplied 100% of the special-grade indigenous steel used in constructing INS Arnala, India’s newest anti-submarine warship. The vessel, commissioned into the Indian Navy on June 18, 2025, underscores India's progress in defence indigenisation through public-sector innovation.

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Bureaucratic Barricade Brings BIS Bottleneck for Billets & Bloom-Based Imports

बुधवार, 18 जून 2025

Synopsis: - India’s Ministry of Steel has issued a critical clarification mandating BIS certification for both finished steel products & their input materials under the Steel & Steel Products (Quality Control) Order, 2024, impacting imports from June 16, 2025. The order affects global players like Hyundai & could disrupt supply chains for small steel processors in India.

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Steel Stalemate & Structural Sanctions: Siam’s Strategic Supply Suspension

बुधवार, 18 जून 2025

Synopsis: - Thailand’s Cabinet has extended the national ban on building or expanding steel bar factories for another five years, through 2030, to combat industrial oversupply and inefficiency. The Ministry of Industry, in coordination with key economic and environmental agencies, is aiming to stabilize domestic steel production and align it with long-term sustainability goals.

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Blast Furnace Breather: Eisenhüttenstadt’s Scheduled Suspension

बुधवार, 18 जून 2025

Synopsis: - ArcelorMittal Eisenhüttenstadt, a key German steel facility under global steel leader ArcelorMittal, will temporarily suspend its blast furnace 5A from June 22 to June 27–28 for deep-blowing maintenance. The operation may cause limited emissions but aims to maintain safety & extend the furnace’s operating life.

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British Behemoth Bags Bounteous Bid to Bolster Railway Backbone

बुधवार, 18 जून 2025

Synopsis: - British Steel has signed a £500-million ($635 million) contract to supply Network Rail with 70,000–80,000 metric tons of rails annually from its Scunthorpe facility. The 5-year deal, with a 3-year extension option, reaffirms British Steel's role as Network Rail’s principal rail supplier.

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Tubular Triumph & Technological Tenacity: Tubos Reunidos’ Tantalizing Turnaround

बुधवार, 18 जून 2025

Synopsis: - Spain-based Tubos Reunidos Group has clinched two prestigious orders exceeding €26.5 million ($28.5 million) from India’s Bharat Heavy Electricals Limited for its advanced seamless steel tubes. The deal reinforces Indo-European industrial ties and underscores Tubos Reunidos’ global reputation for metallurgical excellence.

FerrumFortis

Metso Marshals Monumental Machinery for Magnanimous Metallurgical Mission

बुधवार, 18 जून 2025

Synopsis: - Metso has signed a pivotal equipment supply agreement for Jinnan Iron & Steel Group’s upcoming iron ore concentrator plant in Sohar, Oman. Slated for commissioning in 2027, the plant will produce 12.6 million metric tons of high-grade DR-grade iron ore annually, positioning Oman as a key player in the low-carbon steel supply chain.

FerrumFortis

Fatal Freight Fiasco: Forlorn Fate Fells Worker in Tata’s Twilight Tragedy

मंगलवार, 17 जून 2025

Synopsis: - A 34-year-old contract worker named Sunil Kumar Singh tragically died in a shunting accident during late-night logistics operations at Tata Steel’s Jamshedpur plant. Tata Steel has confirmed the incident & is conducting an internal investigation.

FerrumFortis

Venerable Vulcan’s Visionary Voyage, Voluntary Viceroy Vows Vital Vanguard

मंगलवार, 17 जून 2025

Synopsis: - Vulcan Steel Limited announces the retirement of long-serving CEO Rhys Jones after 19 years. Gavin Street, current Chief Commercial Officer, will succeed him as Managing Director and CEO from January 2026. Rhys Jones will transition to Board Chair, replacing Russell Chenu, ensuring leadership continuity.

FerrumFortis

Sanctions Subterfuge & Smuggling Scheme: Steel Supply Scandal Stuns States

मंगलवार, 17 जून 2025

Synopsis: - Juan Carlos Cairo-Padron & Thomas Michael Fortinberry were arrested for orchestrating a years-long sanctions evasion & smuggling operation to supply Venezuela’s state-owned steel firm COMSIGUA using front companies, global bank transfers & illicit exports.

FerrumFortis

Tariff Tectonics & Trade Triumphs: Trump & Starmer Seal Strategic Steel Saga

मंगलवार, 17 जून 2025

Synopsis: - U.S. President Donald J. Trump & U.K. Prime Minister Keir Starmer finalized a historic Economic Prosperity Deal that liberalizes transatlantic trade in automobiles, aluminum, steel & pharmaceuticals, while reinforcing national security provisions through tariff quotas & supply chain mandates.

FerrumFortis

Gupta Group Grapples Grimly as Gavel Goes Against GFG in Global Girding Glitch

मंगलवार, 17 जून 2025

Synopsis: - Singapore’s High Court has decisively ruled against the Gupta Family Group Alliance, rejecting Liberty Steel’s appeal to avoid judicial management. The ruling favours ArcelorMittal, the Luxembourg-based steel titan, over unresolved payments tied to a $145 million acquisition dispute.

FerrumFortis

Steel Saga & Syndicate Showdown: USW Sparks Salvo Against Nippon Steel

मंगलवार, 17 जून 2025

Synopsis: - The United Steelworkers union, led by President David McCall, has vowed to closely monitor and hold Nippon Steel accountable as it finalizes its acquisition of U.S. Steel, citing concerns over worker rights, plant operations & national industrial integrity.

FerrumFortis

Northern Nautical Nostalgia Neglected, National Need Nixed by Nimble Norway Negotiations

मंगलवार, 17 जून 2025

Synopsis: - The Maritime Union of Australia and Australian Workers’ Union strongly oppose the government’s decision to send the Northern Endeavour offshore oil platform to Norway for dismantling, arguing it contradicts the “Future Made in Australia” agenda. Minister for Resources Madeleine King is urged to redirect levy funds towards building domestic decommissioning infrastructure, securing jobs, and supporting a sovereign green metals industry.

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Teutonic Trade Tussle Triggers Tocsin on China’s Tactless Tactics

मंगलवार, 17 जून 2025

Synopsis: - Germany’s engineering federation VDMA has urged the EU to reduce overreliance on China, support strategic tech development, and finalize free trade deals, warning of unfair competition from Chinese state-backed firms.

FerrumFortis

Steel Saviour Strategy: Sovereign Support Spurs Sheffield’s Struggling Sector

मंगलवार, 17 जून 2025

Synopsis: - UK Business Secretary Jonathan Reynolds has vowed to protect Speciality Steel in Sheffield, calling it a national asset, as the company faces £600m in debt. Local MP Marie Tidball raised concerns in Parliament, pressing for government action to safeguard 1,500 jobs amid ongoing financial distress.

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Sovereignty Seizure & Sino Settlements: British Steel Saga Sparks Showdown

मंगलवार, 17 जून 2025

Synopsis: - Jingye Group, the Chinese owner of British Steel, is preparing to recover over £700 million in debts after the UK government took over operations of the company. PwC & Linklaters are advising Jingye on asset valuation & potential legal remedies.

FerrumFortis

Blast Blunder Besets Brave Bid to Bring Back BF No5 in Balkan Behemoth

मंगलवार, 17 जून 2025

Synopsis: - Liberty Steel’s Galati plant in Romania suffered a technical failure on June 12, forcing an emergency shutdown of its recently restarted Blast Furnace No5. Despite the incident, rolling mill operations remain on track as production continues using previously made semi-finished steel.

FerrumFortis

Press Precision & Power Play Propel Primetals Partnership in Duisburg

मंगलवार, 17 जून 2025

Synopsis: - thyssenkrupp Steel has selected Primetals Technologies to modernize the slab sizing press at Hot-Strip Mill No. 2 in Duisburg, Germany. The project includes advanced drive upgrades, enhanced safety systems, & energy-efficient cooling.

FerrumFortis

Strategic Synergy Spurs Sustainable Steel Through SAIL’s Singular CDQ Scheme

मंगलवार, 17 जून 2025

Synopsis: - Nippon Steel Engineering, its Indian arm NSEI, and Tata Projects Limited have secured a contract from Steel Authority of India Limited to deliver a state-of-the-art Coke Dry Quenching system at the IISCO Steel Plant. This marks SAIL’s first adoption of single-chamber CDQ technology, reflecting a strategic shift toward cleaner & more energy-efficient coke production.

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Dopeless Debut Delivers Drilling Dexterity & Deepwater Durability in Brazil

मंगलवार, 17 जून 2025

Synopsis: - Tenaris has launched its full-well Dopeless® technology in Brazil’s Búzios offshore field, operated by Petrobras. With safe & sustainable casing installations, Tenaris reinforces its environmental & operational leadership in offshore drilling.

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Ansteel Ascends Apex Achievements in Alloyed Artifice for Earth Exploration

मंगलवार, 17 जून 2025

Synopsis: - China’s Ansteel has pioneered 4.5 mm-thick ultra-high-strength 50Mn seamless steel pipes for geological use, showcasing a significant metallurgical feat. The innovation was made possible through a novel dual-technology system by Ansteel’s large plant & technology center.

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Semantic Shift & Strategic Streamlining: Jindal Steel Sharpens its Signature

मंगलवार, 17 जून 2025

Synopsis: - Jindal Steel & Power Limited plans to rename itself as Jindal Steel Limited, aligning its identity more closely with its core steelmaking business. The change awaits approvals from shareholders, the Ministry of Corporate Affairs & other statutory bodies.

FerrumFortis

Havoc & Hope: Heralding HKC Amidst Havocous Hostilities & Hyperbolic Hikes

मंगलवार, 17 जून 2025

Synopsis: - GMS launches a three-part webinar series on the Hong Kong Convention just as the Convention finally comes into force on June 26, 2025. Meanwhile, geopolitical turbulence from Israeli strikes on Iran & Trump’s revived tariff tirade send oil prices & freight rates soaring, further shaking the global ship recycling market.

FerrumFortis

Steel Span Spectacle: Stupendous Structure Soars Over Surat's Speedy Tracks

मंगलवार, 17 जून 2025

Synopsis: - In a major feat for India’s Bullet Train project, the National High Speed Rail Corporation Limited launched a 100-metre-long steel bridge over the Dedicated Freight Corridor near Bharuch, Gujarat. This marks the eighth of 28 planned steel bridges on the Mumbai–Ahmedabad route, as construction crosses 300 km of viaducts.

FerrumFortis

Provisional Penalties Pummel Chinese Fasteners in European Trade Tussle

मंगलवार, 17 जून 2025

Synopsis: - The European Union has imposed provisional anti-dumping duties of up to 80.7% on specific screws & bolts imported from China. Firms like Zhejiang Junyue & Brother Group are affected

FerrumFortis

Malaysia Muzzles Metallurgical Maneuvers by Venerable Vietnamese Vendor

मंगलवार, 17 जून 2025

Synopsis: - Malaysia’s Ministry of Investment, Trade & Industry has concluded its expedited anti-dumping duty review on color-coated steel from Vietnam's Tay Nam Steel Manufacturing & Trading Co., Ltd., ending the temporary exemption granted to the company. The duties, ranging from 12.06% to 52.10%, remain in effect until July 2026.

FerrumFortis

Presidential Proclamation Promulgates Punitive Tariffs on Steel Spin-Offs

सोमवार, 16 जून 2025

Synopsis: - The Bureau of Industry & Security, under the U.S. Department of Commerce, has amended the Harmonized Tariff Schedule to impose new tariffs on eight steel-derivative consumer goods, following President Biden’s Proclamation 10896. These tariffs take effect from June 23, 2025.

FerrumFortis

Steel Synergy & Strategic Sovereignty Seal Storied Trump-Endorsed Tie-Up

सोमवार, 16 जून 2025

Synopsis: - U.S. Steel and Nippon Steel have received full regulatory approval, including an Executive Order from President Trump, for their historic steelmaking partnership, which promises $11 billion in investments by 2028 and safeguards over 100,000 American jobs.

FerrumFortis

Strategic Steel Safeguards Spark Stateside Sentiment & Sovereignty Stakes

सोमवार, 16 जून 2025

Synopsis: - Steel remains a crucial input for U.S. defense and manufacturing industries, prompting recent tariff measures aimed at preserving domestic production and employment across key states.

FerrumFortis

Steel Statutes & Strategic Safeguards Shape Mexico–US Trade Truce Talks

सोमवार, 16 जून 2025

Synopsis: - Mexico and the United States are in advanced talks to reach a new steel trade agreement. The proposed deal would allow tariff-free Mexican steel exports to the US within historically defined volume limits.

FerrumFortis

Steel Stalemate & Sudden Surcharges Spark Strategic Soul-Searching in Brazil

सोमवार, 16 जून 2025

Synopsis: - Brazil’s steel sector faces fresh uncertainty as new 50% tariffs on exports raise concerns about competitiveness. Despite a 7.3% rise in semi-finished steel exports earlier this year, Amcham Brasil warns the intensified levies may hinder industrial momentum.

FerrumFortis

Mexican Metallurgy Malaise: Minimalist Month for Metal Merchandising

सोमवार, 16 जून 2025

Synopsis: - Mexico’s steel imports plunged to a 51-month low in April 2025, totaling just $875 million, according to trade data. Despite sporadic surges, firms like Ternium, ArcelorMittal México, & Deacero face sustained demand drops & economic headwinds.

FerrumFortis

Burnpur’s Billion-Dollar Behemoth: SAIL’s Stalwart Steel Scheme Spurs Surge

सोमवार, 16 जून 2025

Synopsis: - Steel Authority of India Limited has launched a ₹45,810 crore ($5.5 billion) expansion at its IISCO Steel Plant in Burnpur, West Bengal. This ambitious move will boost capacity to 7.1 million metric tons by 2029 & generate over 12,000 jobs, marking one of the largest industrial investments in eastern India.

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Blast Bonanza & Bharat’s Backbone: Vizag Steel’s Third Furnace to Reignite

सोमवार, 16 जून 2025

Synopsis: - Visakhapatnam Steel Plant is set to restart its third blast furnace by the end of June 2025, boosting annual production to 7.5 million metric tons. This revival is supported by a ₹11,500 crore government package, aiming to restore the plant’s full operational capacity.

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Mexican Mandate & Metallurgical Malfeasance: Steel Smugglers Snared Swiftly

सोमवार, 16 जून 2025

Synopsis: - The Mexican government has shut down industrial offices in Monterrey & Ciudad Juárez after discovering that a company imported 400,000 metric tons of steel without proper registration or traceability, according to federal authorities.

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Digital Durability & Data Dexterity: Elisa Elevates Outokumpu’s Connectivity

सोमवार, 16 जून 2025

Synopsis: - Elisa has expanded its partnership with Outokumpu, a global stainless steel leader, to manage its internet & network services across five continents. Collaborating with Vodafone Business, Elisa will ensure high-performance connectivity for Outokumpu’s manufacturing facilities worldwide.

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Industrial Illumination & Intellectual Infrastructure: Rocca Rallies for Reform

सोमवार, 16 जून 2025

Synopsis: - Paolo Rocca, chairman of Techint Group, emphasized the vital link between education and industrial transformation at Argentina’s Roberto Rocca Education Day, urging structural reforms to boost national development.

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Scholastic Synergy & Social Stewardship: Siderperu Spurs Student Success

सोमवार, 16 जून 2025

Synopsis: - Siderperu has unveiled its 2025 education initiatives in Chimbote, aiming to benefit over 5,000 students & teachers through programs in leadership, technical training, bio-gardens, & digital learning platforms.

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Ingenious Initiatives & Intellectual Ingenuity: Acindar Amplifies Academic Ardour

सोमवार, 16 जून 2025

Synopsis: - ArcelorMittal Acindar challenged over 700 students from technical schools in Villa Constitución through its Ingeniamos program, engaging them in robotics & programming projects across a dynamic four-day event.

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Permeation Perils & Pearlitic Puzzles: Hydrogen Hazards Haunt Pipeline Past

सोमवार, 16 जून 2025

Synopsis: - Researchers including Aminul Islam, Qidong Li, and Zoheir N. Farhat studied how hydrogen permeates and gets trapped in modern, vintage & legacy Canadian pipeline steels, revealing how microstructure evolution over decades impacts resistance to hydrogen embrittlement.

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Pernicious Pitting & Pernickety Polyps: Freshwater Mussels Menace Metal Might

सोमवार, 16 जून 2025

Synopsis: - Scientists from China, including Yuhan Liu & Chengqing Yuan, have discovered that golden mussels (Limnoperna fortunei) severely worsen pitting corrosion on carbon steel used in hydraulic systems, highlighting new risks to water infrastructure integrity.

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Steel Synergy & Strategic Sovereignty Seal Storied Trump-Endorsed Tie-Up

शनिवार, 14 जून 2025

Synopsis: - U.S. Steel and Nippon Steel have received full regulatory approval, including an Executive Order from President Trump, for their historic steelmaking partnership, which promises $11 billion in investments by 2028 and safeguards over 100,000 American jobs.

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Docket Drama Deferred: DOJ’s Deft Delay Dissuades Determined Dealmakers

शनिवार, 14 जून 2025

Synopsis: - The US Department of Justice has secured a motion from the DC Circuit Court to pause its legal challenge against Nippon Steel's proposed acquisition of US Steel, effectively placing the antitrust suit in abeyance as merger talks continue.

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Koppal's Crucible: Citizens Confront Corporate Carbon Culprits in Steel Plant Standoff

शनिवार, 14 जून 2025

Synopsis: - Residents of Koppal, Karnataka, have united to oppose the proposed expansion of the Baldota Steel and Power Limited plant, citing severe pollution concerns. Despite directives from Chief Minister Siddaramaiah to halt preparatory work, local authorities have been accused of non-compliance, intensifying the conflict.

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Steel Safeguard Shuffle: Strategic Shift in Sovereignty & Supply Stability

शनिवार, 14 जून 2025

Synopsis: - The European Union has formally notified the WTO of its plan to reintroduce country-specific quotas for steel imports from Türkiye, the United Kingdom & South Korea, reversing its earlier global quota policy for category 17 steel products. This revision aims to address inequities triggered by the 15% global cap & will take effect from 1 July 2025, following consultations with affected countries.

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Tariff Turbulence & Transnational Tensions Tarnish U.S. Metal Manufacturing

शनिवार, 14 जून 2025

Synopsis: - The Coalition of American Metal Manufacturers and Users has raised alarms over the U.S. doubling Section 232 steel & aluminum tariffs, warning it will damage domestic manufacturing, increase costs, and undermine supply chains shared with allies like Canada and Japan.

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Villaverde Vision: Verdant Valour & Versatile Ventures Via Steel Synergy

शनिवार, 14 जून 2025

Synopsis: - ArcelorMittal Spain is transforming its former Villaverde plant into a state-of-the-art steel distribution, recycling & processing centre for the Madrid region, consolidating operations from Getafe & Coslada to streamline logistics & boost sustainability.

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Whyalla’s Whirlwind Wake-Up Warrants Wealthy Welfarist Workover

शनिवार, 14 जून 2025

Synopsis: - SA Unions have called for the public ownership of the Whyalla Steelworks to safeguard jobs and transform the site into a global hub for green steel. Following Sanjeev Gupta’s exit, the South Australian government seized control under a $2.4 billion rescue plan.

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Fiscal Fortification Fuels Fervent Future for Faltering Foundry Firm

शनिवार, 14 जून 2025

Synopsis: - The Italian government has pledged an additional €200 million to support Acciaierie d’Italia, formerly Ilva, during its transition towards privatization, led by an Azerbaijani consortium including Baku Steel & the Business Development Fund of Azerbaijan.

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CriteriaCaixa’s Calculated Capitulation Cools Celsa’s Capital Quest

शनिवार, 14 जून 2025

Synopsis: - CriteriaCaixa, the investment arm of Spain’s “la Caixa” banking group, has withdrawn from its agreement to acquire a 20% stake in Celsa Group, citing shifting market dynamics & strategic recalibration.

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Speciality Steel's Struggle: Sheffield's Shattered Steelworks Seek Salvage

शनिवार, 14 जून 2025

Synopsis: - Speciality Steel UK, a subsidiary of Liberty Steel, faces financial turmoil with debts exceeding £618 million. Despite efforts to restructure, including a proposed debt write-off, the company has struggled to regain operational stability at its Sheffield and Rotherham plants. The appointment of a receiver by Together Finance marks a critical juncture in the company's battle for survival.

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Phenomenal Progress & Pioneering Precision Propel Primetals Project in China

शनिवार, 14 जून 2025

Synopsis: - Zhongshou Special Steel Group & Primetals Technologies have achieved a record-setting milestone by installing four high-reduction rolling stands for China’s first-ever 4+5 Arvedi ESP line at Luanzhou within just one week, marking the 11th global ESP line set for launch by November 2025.

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POSCO's Pioneering Partnership: High-Manganese Steel Sets Sail with HD Hyundai

शनिवार, 14 जून 2025

Synopsis: - POSCO and HD Hyundai Heavy Industries have forged a strategic alliance to advance the application of POSCO’s high-manganese steel in naval shipbuilding, aiming to enhance the durability and performance of future warships.

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Dejing Debuts Dazzling Dozen Pipe Lines Driving Dynamic Development

शनिवार, 14 जून 2025

Synopsis: - Jiangsu Dejing Piping System Technology is set to commission 13 stainless steel pipe production lines by end of June 2025, aiming to expand capacity & strengthen its market presence in China’s competitive steel sector.

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BSRM’s Baroque Breakthrough: Bridging Bangladesh Through Bulky Bars

शनिवार, 14 जून 2025

Synopsis: - BSRM, Bangladesh’s leading steel manufacturer, has begun producing 50 mm diameter reinforcing steel bars exclusively for the Padma Bridge. This rare innovation marks a regional milestone, making BSRM the only producer of such rebar in South Asia.

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Self-Sensing Steel Spurs Structural Safety Through Smart Sensor Synergy

शनिवार, 14 जून 2025

Synopsis: - Researchers at Shenzhen University, including Feng Xing & Zhongfeng Zhu, have pioneered a self-sensing steel–FRP composite bar equipped with distributed fiber-optic sensors to detect concrete cracks in real time, enhancing civil infrastructure durability.

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Stainless Steel Synergy Spurs Bourns’ Superlative Sensor Solutions Surge

शनिवार, 14 जून 2025

Synopsis: - Bourns has launched its new Thick Film on Steel product line, beginning with the TFOS30-1-150 model, to enhance high-energy applications across BESS, solar, motor drives & industrial power systems, offering durability, power, & thermal resilience.

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Tubular Turmoil & Trade Tussles: TAMSA Targeted for Transgressing Labor Tenets

शनिवार, 14 जून 2025

Synopsis: - The U.S. Department of Labor and Trade Representative have requested that Mexico review alleged labor rights violations at Tubos de Acero de Mexico S.A. following claims by Mexican union SINAIN under the USMCA’s Rapid Response Mechanism.

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Final Flange Findings Fuel Fiscal Fracas for Indian Foundry Firms

शनिवार, 14 जून 2025

Synopsis: - The U.S. Department of Commerce has issued final results in its 2022 countervailing duty review on finished carbon steel flanges from India, assigning subsidy rates to Norma Group, RNG & other exporters. The review also rescinded action against 30 companies lacking eligible shipments.

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Nailed By Negligence: Taiwan Tack Titans Trapped in Tariff Tempest

शनिवार, 14 जून 2025

Synopsis: - The U.S. Department of Commerce has finalized its decision to impose a 78.17% dumping margin on four Taiwanese steel nail producers, Dar Yu, Liang Chyuan, Tricera & Your Standing International, citing failure to cooperate in an antidumping review for the 2023–2024 period.

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Pilbara Pact Prospers: Paraburdoo Project Propels Prosperity & Partnership

शनिवार, 14 जून 2025

Synopsis: - Baowu & Rio Tinto have inaugurated the $2.4 billion Western Range iron ore project in Western Australia, marking a new milestone in their long-term alliance. Dignitaries including Baowu Chairman Hu Wangming, Premier Roger Cook & Rio Tinto CEO Jakob Stausholm attended the launch.

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Erdemir’s Enlightened Engagement Energizes Eminent Iron Industry Exchange

शनिवार, 14 जून 2025

Synopsis: - Erdemir, backed by OYAK Maden Metalürji, hosted the second edition of the SteelOrbis Piyasa Sohbetleri in Istanbul, where leading voices from Türkiye’s steel sector discussed challenges, forecasts & global trends impacting the industry.

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Form, Function & Futurism: Fêted Fellowships Fuel Fresh Architectural Frontiers

शनिवार, 14 जून 2025

Synopsis: - New calls for submissions have opened for four major architecture & design competitions, including the UIA Gold Medal, Steedman Fellowship, Steel Competition, & the Design for Aging Competition, offering global recognition & up to $100,000 in awards.

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Golden Governance Gambit: Trump Trumpets Control in U.S. Steel Takeover Tangle

शुक्रवार, 13 जून 2025

Synopsis: - Former U.S. President Donald Trump claimed that the U.S. holds a “golden share” in United States Steel Corp., asserting presidential control over the company despite a planned $14.1 billion takeover by Japan’s Nippon Steel.

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