EU safeguard system changes come into effect
The European Commission has published the final document related to the review of the safeguard system for steel imports. As anticipated by Kallanish, the new amendments will come into force from 1 July, with some important changes in particular to the way tariff-free quotas are allocated. Firstly, the Commission has changed all country-specific quotas to be
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Adjusted EU Steel Safeguard Measures
The European Commission’s definitive adjusted Safeguard Measures operative from 1st July 2020 have just been published in today’s Official Journal. The Implementing Regulation can be accessed on the link below. Then, scroll down and then click on the item shown against Page 27, which will then open this Regulation. COMMISSION IMPLEMENTING REGULATION (EU) 2020/894 OF
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Tata Steel IJmuiden workers restart strike after pause
Workers at units of Tata Steel IJmuiden restarted strikes on Sunday, having halted strike action the previous Wednesday, Kallanish learns from trade unions. Workers decided to give the company time to respond to their requests, pausing demonstrations and strikes from Wednesday last week. Nevertheless, the company did not issue a final position on workers’ demands and new
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Four show interest to acquire AST
The ceo of Acciai Speciali (AST) Terni Massimiliano Burelli has told Italian media that two foreign groups together have expressed their interest to buy out AST, the Italian specialty steel maker controlled by ThyssenKrupp. Two Italian companies, Italian steelmaker Arvedi and re-roller Marcegaglia have also shown an interest but the two foreign groups have asked
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Turkey adding more duties to over 400 products, steel included
Turkey has imposed new additional customs duties on more than 400 products of up to 20%, including some steel products, like sections, non-alloy/stainless wire and pipe & tube fittings. Additional customs duties set for steel products range 5-17% and will be readjusted on October 1, S&P Global Platts observed from a presidential decree dated June
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NEWS
- China’s Cedar completes purchase of UK-based steel trader Stemcor July 1, 2020
- Weekly US steel mill capability utilization rises above 55% July 1, 2020
- Spanish automotive industry slowly recovers in May July 1, 2020
- Tata Steel European operations perform at 70% capacity July 1, 2020
- ArcelorMittal Italia talks with government look optimistic July 1, 2020
- EU safeguard system changes come into effect July 1, 2020
- Adjusted EU Steel Safeguard Measures June 30, 2020
- Tata Steel IJmuiden workers restart strike after pause June 30, 2020
- Four show interest to acquire AST June 30, 2020
- Turkey adding more duties to over 400 products, steel included June 30, 2020
- Revista Infoacero Junio 2020 June 30, 2020
- Bau der neuen Produktionsstätte geht gut voran June 29, 2020
- Leichter Optimismus im europäischen Stahlmarkt June 29, 2020
- Geteilte Meinung zu Stahlsicherungsmaßnahmen June 29, 2020
- UK Steel eyes EU-UK safeguard exemption after Brexit June 29, 2020
- EU funds cushion construction slump, automotive hit: Bloomberg June 29, 2020
- EU passenger car registrations to plunge this year June 26, 2020
- Gallardo Balboa readies for acquisition by new owner June 26, 2020
- State investment seen critical for Czech construction recovery June 26, 2020
- Ukraine’s May steel output down 10% on year as ‘crisis’ continues June 26, 2020
- France mulls uniting Ascoval, Hayange under new owner June 25, 2020
- Klöckner performs better than feared in second quarter June 24, 2020
- Spain’s Almesa consolidates units June 24, 2020
- Germany’s Thyssenkrupp Materials starts scrap recycling business June 24, 2020
- Strikes continue to affect Tata Steel IJmuiden June 24, 2020
- May output falls despite continued Chinese growth June 23, 2020
- US Supreme Court rejects challenge to steel import tariffs June 23, 2020
- German flat steel stocks plummet in May: BDS June 23, 2020
- Trade falls steeply in first half of 2020 June 23, 2020
- EUROMETAL asks EU Commission to defend steel users, not only mills June 22, 2020
- Production halted at Tata Steel’s Dutch mill as workers stage protest June 22, 2020
- Turkish steel exports to EU fall by 1.2 million metric tons through May June 22, 2020
- Moscow steel prices bottom as demand rebounds from COVID-19 slump June 22, 2020
- Major Polish distributor delists June 19, 2020
- ArcelorMittal reiterates commitment to Ilva June 19, 2020
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Latest News
- China’s Cedar completes purchase of UK-based steel trader Stemcor
- Weekly US steel mill capability utilization rises above 55%
- Spanish automotive industry slowly recovers in May
- Tata Steel European operations perform at 70% capacity
- ArcelorMittal Italia talks with government look optimistic
- EU safeguard system changes come into effect
- Adjusted EU Steel Safeguard Measures
- Tata Steel IJmuiden workers restart strike after pause