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Trade measures on HRFC steel reviewed
Published by Matthew Moggridge The Trade Remedies Authority (TRA) has initiated a transition review into anti-dumping measures on hot rolled flat and coiled (HRFC) steel from Russia, Ukraine, Brazil and Iran. A transition review in to anti-subsidy measures on imports of stainless steel bars and...Read more -
Short – term steel prices also have strong volatility！
Due to the collapse of steel prices in the past two weeks, a part of the release of terminal demand, the overall apparent consumption than the previous downturn has increased, to a certain extent, conducive to the current market price higher. But it remains to be seen how much demand will increa...Read more -
ArcelorMittal tries to keep galvanized steel prices high in Europe
This week ArcelorMittal released official galvanized steel prices for EU customers, almost in line with pre-holiday levels. Offers for HRC and CRC have not yet been announced. ArcelorMittal is offering galvanized steel to European customers at €1,160/t (base price includ...Read more -
China and India have run out of galvanized steel quotas in EU
Steel buyers in the European Union rushed to clear steel piling up at ports after import quotas for the first quarter opened on Jan. 1. Galvanized and rebar quotas in some countries were used up just four days after new quotas were opened. ...Read more -
The U.S. retains countervailing duties on cold-rolled steel from Brazil and hot-rolled steel from Korea
The U.S. Department of Commerce has completed the first accelerated review of countervailing duties on Brazilian cold-rolled steel and Korean hot-rolled steel. The authorities maintain the countervailing duties imposed on these two products. As part of the tariff review ...Read more -
Global steel production fell by 10% in November
As China continues to reduce steel production, global steel production in November fell by 10% year-on-year to 143.3 million tons. In November, Chinese steelmakers produced 69.31 million tons of crude steel, which is 3.2% lower than the October performance and 22% lower ...Read more -
The EU quotas for steel products from Turkey, Russia and India have all been used up
The EU-27's individual quotas for most steel products from India, Turkey and Russia have been completely used up or reached a critical level last month. However, two months after opening up quotas to other countries, a large number of duty-free products are still exporte...Read more -
The EU can retroactively levy anti-dumping duties on galvanized steel to Russia and Turkey
The European Iron and Steel Union (Eurofer) requires the European Commission to start registering corrosion-resistant steel imports from Turkey and Russia, because the imports quantity from these countries are expected to increase significantly after the anti-dumping inv...Read more -
Mexico resumes 15% tariffs on most imported steel products
Mexico decided to temporarily resume the 15% tariff on imported steel to support the local steel industry hit by the coronavirus epidemic. On November 22, the Ministry of Economic Affairs announced that from November 23, it will temporarily resume the 15% safeguard tax o...Read more -
Vietnam exported steel exceeded 11 million tons from January to October in the year 2021
Vietnamese steel producers continued to focus on expanding sales to overseas markets in October to offset weak domestic demand. Although the import volume increased slightly in October, the total import volume from January to October still fell year-on-year. Vietnam main...Read more -
China accounted for about 70% of Turkey’s cold rolled coil import quantity in August
Since May, Turkey's cold rolled coil import market has mainly shown a negative growth trend, but in August, driven by the increase of China's shipment, the import volume increased significantly. The data of this month provides strong support for the total amount of eight...Read more -
Ukraine’s exports quantity of cast iron increased by nearly a third in the third quarter
Ukrainian exporters increased their commercial cast iron supply to foreign markets by nearly one third from July to September. On the one hand, this is the result of increased supply by the largest commercial cast iron producer at the end of spring maintenance activities...Read more
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