-
UAE Dana Steel’s CRC plant to start production in Q1 2023
The UAE’s Dana Steel is already preparing to start the production of cold-rolled coils. The cold-rolling plant has an annual production capacity of 400,000 tons and was expected to start production in the first quarter of 2023. Dana Steel currently has two production lines, one is used to p...Read More -
Russia-Ukraine war causes steel shortage in Finland
The Finnish construction industry is experiencing unprecedented difficulties due to the crisis in Ukraine.According to the Finnish Construction Industries Confederation, about a quarter of the steel used in Finland came from Russia, Ukraine and Belarus. Not only the construction sector, the short...Read More -
Vietnam announces preliminary AD ruling on welding materials from 3 countries
On April 19, 2022, the Ministry of Industry and Trade (MOIT) of Vietnam announced its preliminary anti-dumping (AD) rulings on welding materials originating in China, Thailand, and Malaysia, deciding to levy temporary AD duties at a rate of 0% to 36.56%. This case involves products under Vietnam...Read More -
China’s aluminum production grows in Mar y-o-y, driven by strong profits
According to statistics released by the National Bureau of Statistics (NBS) of China, China’s aluminum production totaled 3.3 million tons in March this year, which hiked by 1.8% compared to the same month a year ago, hitting a new high since last May. The growth was mainly due to strong profits....Read More -
Mexico extends AD duties on hot-rolled flat products from 3 countries
According to an official document, Mexico has decided to extend the current anti-dumping (AD) duties on imports of hot-rolled flat products originating in China, Germany, and France for another five years, valid from December 23, 2020. The AD duty rate for Tangshan Iron and Steel Group is maintai...Read More -
EU initiates AD expiry review on hot-rolled flat products from China
On April 5, 2022, the EU initiated an expiry review of anti-dumping (AD) measures on imports of certain hot-rolled flat products of iron, non-alloy or other alloy steel originating in China, following a request submitted by the European Steel Association (EUROFER) on January 4, 2022. The applican...Read More -
UK starts steel tariff quotas review on steel imports from Russia, Belarus
On April 6, 2022, the UK Trade Remedies Authority (TRA) started a review of the Tariff Rate Quota (TRQ) on steel imports from Russia and Belarus to assess whether the quotas assigned to Russia and Belarus should be re-allocated to avoid potential steel shortages in the UK. The UK has set quotas f...Read More -
Carbon plate prices in European market rise continuously
Because of the shortage of slabs and other raw materials, coupled with rising energy costs, European steel mills insisted on increasing the carbon plate price continuously. Normally, Italian and Czech re-rolling mills relied on Russian and Ukrainian slab supplies. Due to the tight supply caused b...Read More -
US maintains AD orders on stainless plate in coil from 3 countries
According to the final result of the expedited fourth sunset reviews of the anti-dumping (AD) duty orders, the US Department of Commerce (USDOC) found that the withdrawal of the existing AD orders on stainless steel plate in coils from Belgium, South Africa, and Taiwan would be likely to lead to ...Read More -
Turkey’s stainless steel imports increase greatly in Feb
According to the Turkish Statistical Institute (TUIK), Turkey’s stainless steel imports amounted to 95,300 tons in February this year, growing by more than two times compared to the same month a year ago. Among them, the imports from China totaled 50,000 tons, a year-on-year surge of 426.3%; thos...Read More