Steel News

Stainless Tube Imports From Asia Continue Massive Surge

30 April 2015 - Imports of seamless stainless steel tube from China and Japan continue to surge into the United States market at a rapid pace, according to the Stainless Steel Tube Trade Advancement Committee (SSTTAC).

Emirates Steel Alerts Over Imports Hitting UAE Market

22 April 2015 - Emirates Steel, the largest integrated steelmaker in the UAE, has warned of the effects of the flow in China’s and Turkey’s steel to the local markets, and called for protective actions to face the increasing competition and falling prices.

Associations of Europe and North and Latin America Present Critical Document to the “New” Chinese Steel Industry Policy

21 April 2015 - Eight national and regional associations representing the steel industries of Europe, North and Latin America joined in expressing their concern to the Chinese government about the recently revised “Adjustment Policy 2015” to the Chinese national steel strategy, released last March.

Modest Trade Recovery to Continue in 2015 and 2016 Following Three Years of Weak Expansion, Says WTO

15 April 2015 - Growth in the volume of world merchandise trade will pick up only slightly over the next two years, rising from 2.8% in 2014 to 3.3% in 2015 and eventually to 4.0% in 2016, WTO economists announced 14 April.

EU Levies Import Duties on Stainless Flats from China and Taiwan

01 April 2015 - The European Commission has imposed provisional anti-dumping duties of up to 25.2 % on stainless steel cold rolled flat (SSCR) imports from PR China and up to 12.0 % on imports from Taiwan, following the complaint which was filed by EUROFER in May 2014.

Steel Executives Bring Trade and Jobs Focus to Capitol Hill

26 March 2015 - Chief executives from three of the leading steel companies in the U.S told members of the Congressional Steel Caucus on 26 March 2015 that the government needs to dramatically improve policies on trade, investment in the workforce and infrastructure to ensure competitiveness and preserve American jobs in steel and other manufacturing sectors.

Steel Industry Leaders to Testify Before U.S. Congress on Unfair Imports Crisis

25 March 2015 - The United Steelworkers Union (USW) will be joining steel company CEOs, and steel industry representatives on Capitol Hill, Thursday, 26 March 2015, 8:30am–10:00pm to testify at a Congressional Steel Caucus hearing on the "State of American Steel."

USITC Will Expedite Sunset Review of OCTG from China

10 March 2015 - The U.S. International Trade Commission (USITC) has voted to expedite its five-year (sunset) reviews concerning the countervailing and antidumping duty orders on oil country tubular goods (OCTG) from China.

SSINA, USW Urge Exclusion of Japan from TPP Negotiations

03 March 2015 - The Specialty Steel Industry of North America (SSINA) and the United Steelworkers (USW) have sent the letter below to U.S. Trade Representative Michael B. Froman.

Grupo Simec Comments on U.S. Imposition of Rebar Import Duties

09 February 2015 - Grupo Simec S.A.B. de CV is providing comments on the effects of what it called a “surprising” decision by the U.S. Department of Commerce to impose an antidumping duty of 66.7% on rebar shipments from the company.

EUROFER: Are Chinese Removal of Boron-Alloy Steel Export Rebates for Better or Worse?

20 January 2015 - China practices an industrial policy actively supporting its domestic steel industry. Having introduced VAT export rebates promoting higher value-added products, this measure has triggered unprecedented export surges in a weak domestic steel market, EUROFER said. China announced a removal of these rebates on 1 January 2015.

Turkish Steel Exporters' Association Responds to Decision in Canada Rebar Case

16 January 2015 - The Turkish Steel Exporters' Association issued the following response to the finding of the Canadian International Trade Tribunal in the matter of Inquiry NQ-2014-001 on concrete reinforcing bar.

SSTTAC: Stainless Tube Imports Surging into U.S. from China and Korea

09 January 2015 - Imports of seamless stainless steel tube from China and Korea are surging into the U.S. market, according to the Stainless Steel Tube Trade Advancement Committee (SSTTAC).

U.S. to Review Plate Import Duties, Suspension Agreements

06 January 2015 - The U.S. International Trade Commission (USITC) has voted to conduct full five-year (“sunset”) reviews concerning the antidumping duty order on cut-to-length carbon steel plate from China and the suspended investigations on cut-to-length carbon steel plate from Russia and Ukraine.

EUROFER: EU Trade Policy Needs to Become More Reactive and Effective

01 January 2015 - Securing an international level playing field has become increasingly challenging, EUROFER says: Free Trade Agreement (FTA) negotiations with major emerging, resource-rich economies are not concluded while protectionist measures are cumulating in all steel regions of the world outside the EU.

Alacero: Low-Priced Steel Imports from China Growing in Latin America

24 December 2014 - In the third quarter of 2014, Latin America received 6 million tons of finished steel from China at a total value of US$ 4.043 billion, said Alacero, the Latin American Steel Association.

OECD Steel Committee: Excess Capacity, Trade Friction Cloud Outlook for Global Steel Industry

22 December 2014 - The following is a statement from Risaburo Nezu, chairman of the OECD Steel Committee, issued after a meeting on 12 December 2014.

U.S. Wire Rod Producers Applaud Decision in Trade Case vs. China

19 December 2014 - The U.S. International Trade Commission (ITC) made a final determination that foreign producers of carbon and certain alloy steel wire rod are causing injury to U.S. producers.

USW Raises Concerns about WTO Decisions on U.S. Countervailing Duty Measures

18 December 2014 - United Steelworkers (USW) International President Leo W. Gerard has expressed deep concern with the WTO Appellate Body and especially its continuing interference in the administration of U.S. trade remedy laws through interpretations of WTO agreements.

Agency Vote Determines U.S. Industry Injured by Wire Rod Imports from China

15 December 2014 - The United States International Trade Commission (USITC) determined that a U.S. industry is materially injured by reason of imports of carbon and certain alloy steel wire rod from China that the U.S. Department of Commerce (Commerce) has determined are subsidized and sold in the United States at less than fair value.