[JD.com Acquired Land in Hangzhou Qianjiang Century City]

[SMM Steel] Pakistan’s National Tariff Commission (NTC) has extended anti-dumping duties on continuous casting steel billets from China at 24.04% following a second sunset review. The measure will remain effective for five years from June 22, 2025, covering semi-finished steel products under multiple HS codes. Originally imposed in 2017 and reviewed in 2022, the duty aims to protect domestic producers, while exemptions apply for export-oriented production and foreign-funded projects.

[SMM Steel] Vietnam’s Ministry of Industry and Trade (MOIT) has terminated anti-dumping (AD) duties on H-beam steel from Malaysia following a sunset review, as domestic producers did not request an extension. The case, initiated in 2020, previously imposed duties of 10.64% (2021) and later adjusted to 22.09–33.51% (2022). With the expiry of the measure, Malaysian H-beam imports are expected to resume under normal trade conditions, potentially easing supply and increasing competition in Vietnam’s structural steel market.

【SMM Steel】Abu Dhabi's Metal Park will launch a new cut-and-bend rebar facility in Q2 2026, adding 25,000-30,000 t/m of capacity (~10-12% of UAE monthly usage). The project supports large infrastructure/energy projects by providing precision-processed steel. Integrating storage/fabrication reduces on-site congestion. The platform uses a pay-as-you-go model, allowing scale without large upfront capital. Commissioning is underway; full ops expected within six months.