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Chinese steel exports cut will benefit to global steel industry
According to Noble Group, the tycoon of commodity trading company, pointed out that Chinese steel export is expected to decline after steel price goes up. It’s because Chinese practitioners may be more interested in doing business with the domestic steel mill... |
China's HR steel prices rise further
In this week, China steel mills continues to cut the production output, along with decreasing stock levels, which forces steel prices are likely to upward trend. Those for HR coil, Q235, with thickness of 3-10 mm spot prices are at RMB2350-2450/ton; for HR ... |
United States to start anti-dumping and countervailing investigations on China's stainless steel plate
On March 4, 2016, the United States Department of Commerce has announced to start anti-dumping and countervailing investigations on China's stainless steel plate Imports from China. The applications have filed by AK Steel Corporation and the Allegheny Lud... |
USITC determines on Chinese stainless steel imports caused injury to domestic industry
According to United States International Trade Commission (USITC) announced on preliminary decided that China's imports of stainless steel sheet and strip products caused material injury to the industry, which means that the ministry of commerce will continue ... |
Taiwan's Quintain Steel to keep April prices unchanged
Taiwanese steel wire maker, Quintain Steel Co., Ltd, announced to hold its domestic wire rod price unchanged for April in response to downstream demand rebound along with prices have been increased in Feb-Mar. Although, Quintain Steel announced to keep Apri... |
Pakistan to impose 30% tariffs on imports of steel from China, Ukraine
According to Pakistan Ministry of Finance announced, Pakistan decided to increase tariffs from 15% to 30% on imports of steel products from China and Ukraine. During the during 2014-15 fiscal year, Pakistan steel imports amounted 3.246 billion, including ir... |
ArcelorMittal announces to sell two United States factories
According to ArcelorMittal announced that the company has reached a final deal with Black Diamond capital management subsidiary, selling its United States of LaPlace and Long Carbon factory. Both parties didn’t reveal any details. The LaPlace factory in Lo... |
United States steel company plans to idle steel plants and lay off workers
According to United States Steel Corporation (USS) said that the company planned to idle steel plants and lay off workers in Alabama, Ohio and Texas, in order to control costs in response to sharp drop in steel prices. Meanwhile, United States Steel Corpor... |
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