[ Ferriera Valsider Declares Force Majeure Following Unexpected Production Halt ]

According to SMM statistics, total construction steel inventory this period was 8.3259 million mt, down 217,100 mt MoM (-2.54% MoM), shifting from increase to decline. Both mill inventory and social inventory destocked to varying degrees. Social inventory destocking accelerated notably as arrivals dropped. With the dock closure now lifted, subsequent concentrated arrivals of construction steel may lead to social inventory accumulation.

The EU's temporary steel safeguard expired at end-June 2026 and a permanent TRQ took its place — duty-free volume nearly halved to about 18.35 Mt, the out-of-quota duty doubled to 50%, and a first-ever "melt and pour" origin rule. Using the official allocations, this piece breaks the quota down category by category and country by country: HRC alone claims about 5.2 million tonnes, Türkiye takes the largest share, Taiwan, China is squeezed hardest — and CBAM stacks a second barrier on top.

Kazakhstan’s Transport Ministry said thermal power plants had received 17.8 Mt of coal since 1 May 2026, while 1.2 Mt had been supplied to the communal sector. Current stocks stand at 4.1 Mt at thermal power plants and 0.3 Mt in the communal sector. Kazakhstan is preparing a comprehensive action plan to ensure stable coal deliveries during the heating season, with a focus on uninterrupted supply to energy and communal facilities and efficient railway use during peak demand. Kaztemirtrans operates 29,000 open wagons, which the Ministry considers sufficient for coal deliveries to power plants, households and industry. The Energy Ministry has also launched a unified digital system to track coal from extraction through transportation, delivery and sale.