[Korean steel stocks surge on Alaska LNG project demand hopes]

Indonesia has opened an anti-dumping investigation into galvanized steel imports from China, which now supply around 52% of domestic consumption. The case centres on persistent price undercutting and a sharp fall in domestic producers' profits. This article reviews the product, the legal framework, the evidence in the petition and what the case may mean for Indonesian and Chinese market participants.

USGS reported US molybdenum concentrate production of 3,390 tonnes of contained molybdenum in July 2026, down 2.6% MoM but up 6.3% YoY. Jan–Jul output totaled 24,300 tonnes, up about 4.2% based on monthly data. July shipments reached 3,730 tonnes, up 4.8% MoM and 17.7% YoY, while YTD shipments rose about 5.7% to 24,600 tonnes. Shipments exceeded monthly output by about 340 tonnes. USGS notes that shipments include domestic sales, exports and transfers to company plants, while some Freeport-McMoRan data are monthly estimates derived from quarterly or annual disclosures.

Nucor reported record quarterly steel shipments and firm pricing, supported by data centres, power and manufacturing demand, though its latest guidance came in below Wall Street expectations. North America's largest steel producer and recycler runs electric arc furnace mills using scrap, a lower-emission route. Its new Apple Grove sheet mill in West Virginia is nearing completion, with commercial shipments expected early next year; it will supply flat-rolled steel to automotive, appliance and construction customers. Tariffs shield US mills, but downstream costs and policy shifts remain risks. Orders for rebar, joists and decking are steady, with nonresidential construction and energy projects driving demand. Scrap and power costs, high borrowing costs and imports are watch points.