Five markets. One week. Critical moves you need to know.
🇻🇳 Vietnam
- $28–30/t duty savings as safeguard measures expire March 22
- 650,000 tonnes of wide‑width HRC bypassed anti‑dumping duties in H1 2025 — a 1,400% surge
🇸🇦 Saudi Arabia
- Strait of Hormuz closure adds $65–125/t to west coast imports (inland trucking from Jeddah)
- 130M tons capacity at Jeddah Islamic Port now activated for diverted cargo
🇦🇪 UAE
- 200+ vessels backlogged at Jebel Ali — 60% of its 5.4M t breakbulk cargo is steel
- Vessel diversions surged 360% (record 2,363 diversions in one day)
🇮🇳 India
- 40% of India’s steel output at risk as gas cuts hit MSME cluster
- BIS QCO exemption for stainless steel extended to March 31, 2026 — plan shipments now
🇳🇬 Nigeria
- UK secures £70M billet deal — 120,000 tonnes for port upgrades
- CRIA policy now requires PC certificate BEFORE Form M — non‑compliance = automatic rejection
📥 Get the full picture.