Imports & Exports
The movement of iron and steel across international borders.
Latest News
Steel Import Duty Could Cost India Jobs, Says Export Council
10 September 2015 - India’s Engineering Export Promotion Council is opposing a recommendation that the country put a 20-percent safeguard duty on certain steel imports, arguing that it would come at the expense of small and mid-sized exporters.
Indian Trade Official Recomends 20 Percent Duty on Certain Steel Imports
09 September 2015 - India’s Director General of Safeguards is recommending that the country impose a temporary 20-percent safeguard duty on imports of certain flat products, including hot rolled coil.
EU Imposes Duties on Steel From China, Taiwan
28 August 2015 - The European Union officially has slapped a 25.3 percent anti-dumping duty on Chinese stainless steel cold rolled flat products, Eurofer, The European Steel Association, has announced.
South Africa Introduces Tariff on Imported Steel, But With Conditions
28 August 2015 - South Africa's trade and industry minister has approved a 10-percent protective tariff on certain steel products, looking to shield domestic steelmakers from Chinese imports.
With Import Protections In The Offing, SAIL Considers Price Hike
26 August 2015 - Anticipating the imposition of a 10 percent protective duty on steel imports, Steel Authority of India Ltd. may raise prices early next month, according to Bloomberg TV India.
Tata Steel Halting Production at U.K. Strip Mill; 250 Jobs To Be Lost
26 August 2015 - Tata Steel's U.K. strip steel division is idling parts of a Welsh mill, blaming a surge of unfairly traded imports.
South Africa Expected To Impose Steel Tariffs
25 August 2015 - Heeding calls from labor groups and its steel industry, South Africa is planning to impose a 10-percent tariff on steel imports, according to Reuters.
China Moves Forward On Second Round Of Construction on Steel Works
25 August 2015 - In spite of lower demand and ample supply, China has begun the second phase of construction on a large, coastal mill in northern Hebei province, according to Reuters.
Cliffs Natural Resources CEO: China Steel Exports Reach 'Crazy' Levels
20 August 2015 - Chinese-made steel exports are likely to surge to more than 100 million metric tons this year, Cliffs Natural Resources CEO Lourenco Goncalves told BloombergBusiness.
Institute: Recent Trade Cases Could Have Broader Impacts on U.S. Economy
17 August 2015 - The American Institute for International Steel is weighing in with a few thoughts regarding the spate of trade cased filed by U.S. producers, saying the cases come with a few pitfalls that merit consideration.
Devalued Yuan Leads China Steel Producers To Cut Prices
14 August 2015 - With China having devalued its currency earlier this week, steelmakers there are already moving to reduce export prices, according to a Reuters report.
U.S. Producers Seeking Trade Measures Against Hot Rolled Steel Imports
12 August 2015 - Six U.S. steelmakers have filed petitions for trade action against imports of hot rolled flat products, the producers have announced.
Acquisition Talks For Tata Steel Long Products Business Unsuccessful, Company Confirms
06 August 2015 - Confirming earlier reports, Tata Steel executives said that negotiations on the sale of its European long products business have broken off.
China Exports to Latin America Continue To Increase
05 August 2015 - Finished steel imports from China to Latin America rose 10 percent between the first half of 2015 and the same period last year, according to Alacero, the Latin American Steel Association.
Iran Sees More Steel Production In Its Future
05 August 2015 - Iran is looking to double its steel production over the next 10 years, Mehdi Karbasian, deputy minister of Iran’s Ministry of Industries, Mines & Trade, told BloombergBusiness in an interview.
Klesch Group Ends Acquisition Talks For Tata Steel Long Products Business
04 August 2015 - A metals, chemical and oil company has withdrawn from discussions on buying Tata Steel's European long products business, according to a report in The Financial Times.
Report: China Steel Exports Reaching "Extraordinary" Levels
29 July 2015 - Steel exports from China have increased to extraordinary levels as demand in the world’s largest producer slows, according to a Bloomberg report. Meanwhile, the head of India’s third-biggest mill is decrying the impact of surging competition, it said.
AISI: Preliminary Steel Imports Decrease 10% in June; Import Market Share at 27%
28 July 2015 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,049,000 net tons (NT) of steel in June 2015, including 2,458,000 net tons (NT) of finished steel (down 10.3% and 10.7%, respectively, vs. May final data).
Mexico Imposes Tariffs on Steel From Spain, U.S. and India
17 July 2015 - As reported by Reuters, Mexico has imposed provisional import duties on carbon steel tubing with seams from the United States, Spain and India, as it investigates possible dumping.
AISI Releases June SIMA Imports Data; Import Market Share 27% in June
10 July 2015 - Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of June total 3,065,000 net tons (NT).
