Steel
An explosion struck Nippon Steel's plant in Muroran, Hokkaido, around 1:10 a.m. on Monday, shaking nearby homes. The blast occurred on a hot stove supplying air to the blast furnace, with no injuries reported and the fire controlled after about seven hours.
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The Colombian government published a draft decree this morning raising tariffs to 35% on 13 steel sector tariff items. Daniel Rey, director of the Colombian Chamber of Steel Producers, announced it during the Alacero Summit 2025. The measure aims to counter Chinese imports and boost local competitiveness.