Imports & Exports
The movement of iron and steel across international borders.
Latest News
Methodology Differences Hang Up U.S.-EU Arrangement on Sustainable Steel
17 October 2023 - The U.S. and European Union reportedly are to announce a plan on thwarting unfairly traded and CO2-intensive steel this week, but both sides have differed in the approach, an executive from a U.S. steel producer said Tuesday.
Report: EU to Initiate Anti-Subsidy Investigations on Chinese Steel
10 October 2023 - The European Union reportedly will launch trade investigations into unfairly subsidized Chinese steel as a result of discussions with the U.S. over the proposed a Global Arrangement on Sustainable Steel and Aluminum, reports the (London) Financial Times.
Work Continues on U.S.-EU Green Steel Deal
20 September 2023 - Representatives of the U.S. and European Union are continuing to negotiate a trade deal on green steel and aluminum in advance of a trade summit in the back half of October, reports Politico.
U.S. Commerce Department Sets Anti-Dumping Duties on Tin Mill Products
22 August 2023 - Tin mill products from China, Canada and Germany are facing preliminary anti-dumping duties as high as 122% under a U.S. Commerce Department ruling.
Chinese Tin Mill Products Benefiting From Unfair Subsidies, U.S. Commerce Department Rules
21 June 2023 - The U.S. Department of Commerce has ruled that unfairly subsidized exports of Chinese tin mill products are harming domestic producers and set countervailing duties of 89%.
Import Pressure Forces Layoffs at W.Va. Tin Mill
18 May 2023 - Cleveland-Cliffs Inc. is laying off approximately 300 people at its Weirton, W.Va., USA, tin mill, blaming competition from unfairly traded imports, according to reports.
Biden Administration Focused on Negotiating CO2-Based Steel Import Restriction
16 May 2023 - The Biden Administration is continuing to work toward an arrangement with the European Union that would penalize imports of CO2-intensive steel, U.S. Commerce Secretary Gina Raimondo told steel industry players on Tuesday, according to the Reuters news service.
Supreme Court Turns Down Challenge to Section 232 Steel Tariffs
27 March 2023 - The U.S. Supreme Court has declined to consider an appeal arising from former President Donald Trump’s Section 232 tariffs on iron and steel, reports the Reuters news service.
Canada Bars Russian Steel, Aluminum Imports
14 March 2023 - Canada has banned aluminum and steel imports from Russia, Canadian officials have announced.
AISI: Overall U.S. Steel Imports Down, But Finished Steel Imports Up in '22
27 January 2023 - The amount of imported steel entering the U.S. declined 2% in 2022, according to the American Iron and Steel Institute (AISI).
WTO Rejects Section 232 Steel and Aluminum Tariffs
09 December 2022 - The World Trade Organization (WTO) has ruled that the U.S. Section 232 steel and aluminum tariffs are improper under international trade rules and should be revisited, a conclusion that was quickly dismissed by the Biden administration.
India Sets Steel Export Taxes
23 May 2022 - Hoping curb inflation and keep domestic steel prices in check, the Indian government over the weekend raised an export tax on iron ore, imposed a new export tax on a number of steel products and reduced an import tax on certain raw material imports to zero, according to reports.
U.S. Temporarily Suspends Section 232 Tariffs on Ukrainian Steel
10 May 2022 - Secretary of Commerce Gina M. Raimondo announced yesterday the U.S. will suspend Section 232 tariffs on Ukrainian steel for a period of one year.
U.S.-U.K. Trade Dispute Comes to an End
23 March 2022 - The United States’ four-year dispute with the United Kingdom over steel and aluminum tariffs ended on Tuesday with the U.K. receiving a duty-free steel import quota of more than 500,000 metric tons, according to the Reuters news service.
U.K. Government Hits Russian Steel Imports With 35% Tariff
16 March 2022 - The U.K. government announced a new wave of economic sanctions against Russia, including a 35% tariff hike on Russian iron and steel imports.
U.S. Commerce Department Sets Preliminary Duties on Russian OCTG Imports
15 March 2022 - On Monday, the U.S. Department of Commerce issued a preliminary determination that affirms Russian exporters of oil country tubular goods (OCTG) received countervailable subsidies.
European Union Bans Key Iron and Steel Imports From Russia
14 March 2022 - The European Union announced last Friday that it will prohibit imports of “key goods in the iron and steel sector” from the Russian Federation, the latest in a series of severe economic sanctions placed on the country in response to its invasion of Ukraine.
Reports: JSPL Expects to See Demand Boost Created by War in Ukraine
10 March 2022 - India's Jindal Steel and Power Ltd. (JSPL) said it anticipates its exports to jump from 25% currently to 40% following the loss of steel production in Russia and Ukraine, according to The Economic Times.
U.S. Reaches Deal With Japan to Cut Steel Tariffs
08 February 2022 - The two countries announced on Monday the removal of tariffs on approximately 1.25 million metric tons of Japanese steel imports per year.
AISI: Preliminary Steel Import Volumes Up Nearly 50% From 2020
06 January 2022 - The U.S. imported 32.6 million net tons of steel in 2021, up 48.2% from the prior year’s total, according to preliminary numbers.
