Imports & Exports
The movement of iron and steel across international borders.
Latest News
Report: China Might Put More Taxes on Steel Exports
28 July 2021 - The Chinese government is considering additional tariffs on steel exports as a means to curb domestic production and reduce steel prices by keeping more of it at home, reports the Bloomberg news service.
EU Renews Steel Safeguard Measure
30 June 2021 - The European Union is extending the steel import safeguard measures that it put in place following imposition of the U.S. Section 232 tariffs.
Biden Administration Looks to Settle Steel Tariff Dispute by December
15 June 2021 - The U.S. Section 232 tariffs on steel and aluminum will remain in place for the time being, but the Biden administration on Tuesday said it is committed to resolving the dispute with the EU over the tariffs.
U.S. Steel Tariffs Survive Another Challenge
05 February 2021 - The U.S. Court of International Trade has upheld the Section 232 steel and aluminum tariffs, ruling against a group of steel users who argued that the way the tariffs were imposed was flawed, reports the Reuters news service.
U.S. Import Volumes Fell in 2020, AISI Says
02 February 2021 - U.S. steel imports fell 21.2% last year, dropping to 22 million short tons, according to the American Iron and Steel Institute.
Steel Groups Push for Continuation of Steel Tariffs, Quotas
12 January 2021 - Four industry trade groups and the United Steelworkers union are urging U.S. President-elect Joe Biden to keep in place tariffs and quotas on steel imports, saying that the measures are necessary ensure the viability of the U.S. steel industry.
AISI: U.S. Steel Imports See Further Declines
07 January 2021 - Based on preliminary data, steel imports into the United States appear to have fallen for the second straight year, according to the American Iron and Steel Institute.
Mexico Promises to Watch U.S. Electrical Steel Exports
05 November 2020 - Mexico will begin to closely monitor exports of electrical transformer laminations and cores under an agreement with the U.S.
Trump Tightens Up Restrictions on Brazilian Steel Imports
02 September 2020 - U.S. President Donald Trump is lowering the limits on Brazilian steel imports, reports the Reuters news service.
AISI: Steel Imports Trending Down in 2020
28 July 2020 - Steel imports into the U.S. declined nearly 21% through the first half of 2020, according to the American Iron and Steel Institute.
Alacero: Rising Import Levels Cause for Concern
20 July 2020 - Latin American steel demand fell 30% in April as the COVID-19 pandemic forced the region’s economy into a halt, but there is some indication that a recovery has started, according to Alacero, the Latin American Steel Association.
Japanese Steelmakers Might Face New Competition from China
13 July 2020 - Toyota has begun buying electrical steel from China Baowu Steel Group, a development that could mark the beginning of era in which Japanese steelmakers will have to compete with their Chinese counterparts on price in addition to quality, reports the Nikkei Asian Review.
Commerce Department Affirms Circumvention Ruling in CORE Case
09 July 2020 - The U.S. Department of Commerce has issued affirmative rulings in circumvention cases involving steel sheet made and in China and shipped elsewhere for final processing.
EU Steel Producers Disappointed by Decision on Safeguard Measure Revisions
01 July 2020 - The European Steel Association and the IndustriAll European trade union have called for an emergency meeting with EU policy makers after the bloc’s governing body declined to lower limits on steel imports.
Supreme Court Passes on Section 232 Challenge
23 June 2020 - The U.S. Supreme Court has declined to hear a challenge to President Donald Trump’s Section 232 tariffs on steel and aluminum imports, an action that leaves the controversial tariffs in place.
EU Steelmakers Push for Lower Import Limits
08 June 2020 - Europe’s leading steelmakers are calling on the European Commission to lower the limit on the amount of steel that can be imported tariff-free into the bloc, saying that a potential flood of inexpensive steel threatens an already imperiled industry.
Commerce Department Launches Circumvention Inquiry
14 May 2020 - The U.S. Commerce Department is self-initiating an inquiry into whether traders are circumventing duties on Chinese-made stainless sheet and strip by routing it through Vietnam.
Latin American Producers Caution on Potential Import Problems
14 May 2020 - Alacero, the Latin American Steel Association, is warning of a potential flood of Chinese-made steel as that country ramps its economy back up while others slog through the COVID-19 pandemic.
ArcelorMittal: China’s Excess Steel Inventory Hasn’t Hit the World Market
11 May 2020 - China so far appears to be absorbing the massive steel volumes that piled up during its COVID-19 lockdown, alleviating some of the fears that its excess steel would flood world markets, ArcelorMittal executives said.
GOES Transformer Components Focus of New Section 232 Investigation
06 May 2020 - The U.S. Commerce Department will investigate whether imports of transformer laminations and wound cores pose a national security risk to the U.S.
