The US International Trade Commission voted on Wednesday that the domestic industry was not injured by imports of grain-oriented electrical steel from Japan, Germany and Poland, and as a result, no antidumping orders will be imposed.

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million tonnes (Mt) in June 2014, an increase of 3.1% compared to June 2013.

The International Trade Administration (ITA) of the U.S. Department of Commerce (DOC) said Jul 11th that it has issued a final decision to impose anti-dumping duties on oil pipe exporters from Taiwan and other countries in Asia, Europe and the Middle East.

China will start levying tariffs on some imported steel products, which are re-exported after processing, from July 31 as part of efforts to tackle overcapacity in the country's bloated steel industry, the finance ministry said on Jul 11th.

It is reported that ArcelorMittal is mulling to make an offer for Italy's second largest steel producer Lucchini, according to Italian union CGIL FIOM.

It is reported that Malaysian government is mulling to raise anti-dumping duties on hot rolled, tread plate, pickled and oiled steel products which are imported from China, Indonesia and South Korea.

EU steelmakers have restarted nearly half the blast furnaces that were idled in the financial crisis, according to a leading industry player, holding back recovery in a sector already hobbled by over-capacity and high energy costs.

India's steel consumption grew marginally by 0.5% during the first two months of the current fiscal to 12.623 million tonnes (MT) over the same period last year.