Mycron drops challenge to Malaysia's removal of steel import duties

Gerdau Corsa, Gerdau's Mexican steel unit, is expanding scrap recycling capacity in Mexico to boost sustainable steel production. The move fits its low-carbon strategy centred on electric arc furnace steelmaking: higher scrap use reduces reliance on iron ore and coking coal and cuts carbon emissions per tonne. With stable demand from Mexico's automotive and construction sectors, competition for local scrap is intensifying, and the expansion should strengthen raw material self-sufficiency and cost control. The announcement did not disclose investment, additional processing volume or start-up date. It is expected to spur investment in scrap collection, processing and logistics. Amid shifting trade flows and carbon costs, scrap supply chains are becoming a key competitive factor.

Taiwan's pre-painted steel exports approached 20,000 tonnes in September, according to Yieh Corp. in a report dated 16 October 2026. While month-on-month and year-on-year comparisons were not disclosed, the near-20,000-tonne monthly volume shows continued overseas demand amid shifting Asian steel trade flows, with China's finished steel exports hitting a 2026 high in September. Regional signals also point to firmer flat product prices: Chung Hung Steel raised domestic and export prices for November and December, while Nucor increased hot-rolled coil prices on tight US supply. These moves could influence Taiwan's pre-painted steel export quotations and order intake in the coming months.