【SMM Steel】BMW iX3 to use thyssenkrupp's CO₂-reduced steel from 2026

[Ferromolybdenum Steel Mill Tender Information] SMM April 14, a steel mill in Fujian priced its ferromolybdenum tender at 285,500 yuan/mt on April 14, cash payment, quantity to be confirmed.

According to Thai media reports, Thailand's steel industry, under pressure from rising energy and freight costs, called on the government to strengthen support and adopt anti-dumping measures. Steel enterprises announced a 10% to 15% price raise on all products starting from April, with a possible second round of adjustments in May depending on cost changes. The price increase covered a wide range of products including rebar, wire rod, sheets & plates, and specialty steel for automotive and construction applications. Industry insiders pointed out that Thailand lacked iron ore resources, and its steel industry was highly dependent on imported steel scrap, making it extremely sensitive to international market fluctuations.

April 14, 2026 — South Africa's Department of Mineral and Petroleum Resources recently clarified that the Black Economic Empowerment (BEE) rules in the mining sector would undergo their fifth revision since 2002. Existing mining rights would be subject to the "once empowered, always empowered" principle for their lifetime, meaning that once an enterprise completed black equity empowerment, it would not need to repeat the process during the validity period of its mining rights. However, when an enterprise applied for the renewal or extension of mining rights, it must ensure that the black shareholding ratio was no less than 26%, and if necessary, a new BEE transaction must be undertaken.