UK launches China coated flats anti-dumping transition review
The UK Trade Remedies Authority (TRA) has initiated a transition review into anti-dumping duties on certain corrosion resistant – coated flat – steels originating in China, Kallanish notes. Products affected come under HS codes 72 10 41 00 20, 72 10 41 00 30, 72 10 49 00 20, 72 10 49 00 30, 72
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UK to extend China heavy plate anti-dumping duties
The UK Trade Remedies Authority (TRA) has recommended extending the 65.1-73.7% ad valorem anti-dumping duties on China-origin heavy plate imports for another five years from 1 March 2022. This follows the conclusion of TRA’s review initiated in January 2022, which used full-year 2021 as the period of investigation (see Kallanish passim). The products affected come
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Eurofer lowers consumption growth forecast after Q3 low
EU apparent steel consumption (ASC) is forecast to see a deeper-than-expected drop of 4.6% on-year for 2022, compared to the previous 3.5% fall projection. Consumption in 2023 is expected to decline a further 1.6%, says European steelmakers’ association Eurofer. Despite the general resilience of the EU economy, in the third quarter of 2022 apparent steel
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Italian rebar makers push up asking prices
Italian rebar makers are seeking a €50/tonne ($54) increase with the objective to slow the downward trend in rebar values that started in mid-January. Contract prices are again losing €10/t ($10.9) week-on-week, market sources tell Kallanish. This week, paid values are hovering at €460-470/t base ex-works, down from last week’s €470-480/t. Including size extras, domestic
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US steel industry ‘not particularly concerned’ about EU carbon border mechanism
The US iron and steel industries are shrugging off the EU’s latest plan for a carbon border adjustment mechanism, experts told S&P Global Commodity Insights. Members of the European Parliament reached a provisional agreement with the European Council in December 2022 on a law to establish the new carbon fee. Under the rule, companies importing
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NEWS
- UK launches China coated flats anti-dumping transition review February 3, 2023
- UK to extend China heavy plate anti-dumping duties February 3, 2023
- Eurofer lowers consumption growth forecast after Q3 low February 3, 2023
- Italian rebar makers push up asking prices February 3, 2023
- US steel industry ‘not particularly concerned’ about EU carbon border mechanism February 3, 2023
- Eurofer expects 4.6% fall in EU steel demand in 2022, 1.6% in 2023 February 3, 2023
- Idled Hungarian steel mill Dunaferr to return to market towards end-February: sources February 3, 2023
- Eurofer forecasts decline in European steel demand in 2023 February 3, 2023
- Action needed in UK to attract investment for low-carbon steelmaking projects: ETC February 2, 2023
- EU Green Deal Industrial Plan must promote investment in low-carbon steel projects: Eurofer February 2, 2023
- Borusan Mannesmann to start new Romania steel pipe facility end-2023 February 2, 2023
- EU HRC prices stable as buyers question price sustainability February 2, 2023
- Italian domestic CRC, HDG rises on high import offers, good order books February 2, 2023
- Flat steel producer Acciaierie d’Italia to boost production in 2023, 2024 February 2, 2023
- UK decarbonisation window narrowing, carbon pricing critical: ETS February 2, 2023
- Italian plate contracts rise February 2, 2023
- CRC and HDG coil prices in Europe move up on limited supply February 1, 2023
- Toyota to halt Turkish, Czech production: reports February 1, 2023
- French rebar sellers report disappointing January February 1, 2023
- Aperam increases alloy surcharges February 1, 2023
- Turkish flats duties may only affect some pipemakers February 1, 2023
- European HRC buyers expect prices to correct; mills optimistic on good order books February 1, 2023
- Europe urgently needs structured automotive industrial policy: ACEA February 1, 2023
- EU HRC domestic prices mostly remain stable as market awaits imports February 1, 2023
- Global crude steel production falls 4.3% on year in 2022: worldsteel February 1, 2023
- European HRC buyers delay purchases, mills insist on higher prices January 31, 2023
- Steel to comprise 40% hydrogen 2050 demand: BP January 31, 2023
- French construction sector outlook deteriorates January 31, 2023
- Spain’s Megasa upgrades Zaragoza merchant bar mill January 31, 2023
- Benelux scrap recovers, supply issues continue January 31, 2023
- SSAB reignition of Raahe BF adds to January furnace restarts across Europe January 31, 2023
- Latest European steel HRC offer prices unsustainable, buyers say January 31, 2023
- Spain’s 2022 car production improves, outlook uncertain January 30, 2023
- SSAB restarts blast furnace at Raahe January 30, 2023
- Semiconductors could hurt automotive output until 2026: VDA January 30, 2023
- Strong demand returns for Italian HRC January 30, 2023
- Liberty Steel Group investigating restart of Dunaferr: union official January 30, 2023
- Demand for heavy plate up in Italy, mills aim for higher prices January 30, 2023
- Subdued trading keeps steel rebar prices flat in Poland January 30, 2023
- Manni Group announces the sudden death of Giuseppe Manni January 27, 2023
- Rebar trading activity slows in Italy and Spain; price direction uncertain January 27, 2023
- European buyers resist higher CRC, HDG offers January 27, 2023
- Global hydrogen investment triples, Europe lags behind: BNEF January 27, 2023
- Green Steel initiative encourages partners’ decarbonisation: Swiss Steel January 27, 2023
- Voestalpine acquires Swiss bright bar firm January 27, 2023
- Eurofer joins WindEurope in raw materials access lobbying January 27, 2023
- EU coil mills prefer shorter contract periods January 27, 2023
- EUROMETAL visited 2 warehouses in Belgium January 27, 2023
- KPMG: Agenda 2023 du conseil d’administration January 26, 2023
- EUROMETAL was at SEPEM Industries 2023 in Douai January 26, 2023
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Latest News
- UK launches China coated flats anti-dumping transition review
- UK to extend China heavy plate anti-dumping duties
- Eurofer lowers consumption growth forecast after Q3 low
- Italian rebar makers push up asking prices
- US steel industry ‘not particularly concerned’ about EU carbon border mechanism
- Eurofer expects 4.6% fall in EU steel demand in 2022, 1.6% in 2023
- Idled Hungarian steel mill Dunaferr to return to market towards end-February: sources
- Eurofer forecasts decline in European steel demand in 2023