According to the statistics from the United States Department of Commerce (USDOC), the US exported approximately 103,000 tons of hot-dip galvanized (HDG) sheet and strip in January, increasing by 13.2% from the previous month while dropping by 10.6% from the same period a year ago. The export value was around US$110 million, compared to US$98 […]
According to the official report from the Taiwanese customs, the total imports of hot-dipped galvanized steel sheet in coil in Taiwan this January were around 4,970 tons, dropped by 62.5% month on month, and nearly 77% year on year. Among them, the total value of the imports of the hot-dipped galvanized steel sheet in coil […]
The delays in resuming production of Chinese galvanized strip plants have affected the short-term demand for hot-rolled strip therefore it has continued to increase the pressure on the inventory of hot-rolled strip manufacturers. In the next two weeks, the resuming production rate of galvanized strip plants was still low, and some hot-rolled strip rolling lines […]
Affected by Wuhan Pneumonia during the Chinese New Year holidays, many steel mills decided to suspend, and the Chinese government also announced to extend the holiday to February 9th to prevent the worsening situation. We do extra on sterilizing. Although it is known that virus couldn’t likely survive in the manufacturing and transportation process, we […]
British unions have called for an emergency meeting of the National Steel Council tp express their concerns about Tata Steel Uk, one of the leading steel makers in the world. Tata Steel loss in the UK incerased to GBP 371 million this year. Previously, Tata Steel said it was unlikely that India would continue to […]
Malaysia’s ministry of infudtry announced recently that it would start to impose anti-dumping duties of the imported Cold rolled coils(CRC) of iron or non-alloy steel from CHINA, JAPAN. S. KOREA, VIETNAM. And this measure would effective for 5 years. Among them, the CRC from Japan would be taxed at least. Thus, the imported CRC from […]
According to Brazil’s steel industry association (IABr), the country’s crude steel production would face a fall of 8.2%, totaling 32.5 million tons in 2019. For 2020, the steel sector expected to recover part of this retraction with a 5.3% increase in production to 34.2 million tons. According to Marco Polo de Mello Lopes, the president […]
According to the report, the Thailand government had announced to extend levying anti-dumping duty on China, Vietnam, and Taiwan’s cold reduced carbon steel for another five years. This anti-dumping policy was initially begun from the year of 2014, ranging from 4.22% to 20.11% of CIF prices. Moreover, that was supposed to be expired in February […]
According to the data from the German Steel Federation (WV Stahl), the production of German crude steel totaled around 2.95 million tons in November, sliding by 20.1% compared to the same month of last year. In the first 11 months of this year, German crude steel production amounted to approximately 36.8 million tons, dropping by […]
It’s reported that on December 4th, 2019, the US Department of Commerce (USDOC) announced an affirmative final ruling on carbon and alloy steel threaded rods imported from Taiwan. The dumping rate for Taiwanese manufacturers/exporters was 32.26%. The US International Trade Commission (USITC) was expected to make a final ruling on anti-dumping industry damages on products […]
