Kumba Iron Ore Reports 8% Drop in Q2 Saldanha Bay Port Sales

Peru's National Institute for the Defense of Competition and Intellectual Property Protection (INDECOPI) officially decided to impose anti-dumping duties on imported hot-rolled carbon steel pipes. The new punitive tariffs range from $49.2 per tonne to $193.6 per tonne and are scheduled to remain in effect for a period of five years to restrict excess supply and protect domestic manufacturing.

India's Bharat Coking Coal Limited (BCCL) reported a steep decline in first-quarter production for FY27, with total output falling to 6.56 million tonnes compared to 9.04 million tonnes in the same period last year. Washed coking coal production specifically stood at 0.14 million tonnes, marginally lower by 0.8% year-on-year, while total offtake dropped to 7.72 million tonnes, ultimately resulting in a consolidated net loss of ₹68.09 crore for the quarter.

Following the expiration of temporary global tariffs, the United States invoked Section 301 to impose new duties ranging from 10% to 12.5% on 60 trading partners, including the EU, Japan, and Mexico. While maintaining exemptions for goods traded under the USMCA and items already subject to Section 232 national security metal tariffs, the new broad industrial tariffs aim to enforce labor standards, raising compliance costs across global manufacturing and