-
Earthquake in Turkey impacts on steel market
2023-02-10A 7.8-magnitude earthquake hit Turkey on February 6, which caused significant damage to many buildings and a large number of casualties. Regarding the impact on the stainless steel market, market participants said that Turkey is one ...
Read More -
LME’s nickel price goes up on Feb 8
2023-02-10On February 8, nickel futures price at the London Metal Exchange (LME) hiked by over US$100/ton and closed at US$27,390/ton. Meanwhile, the nickel spot price increased by US$149/ton to US$27,192/ton. At the same time, the nickel invento...
Read More -
Malaysia launches first AD sunset review on cold-rolled stainless steel flat-rolled products from 4 countries
2023-02-04On January 31, 2023, the Ministry of International Trade and Industry (MITI) of Malaysia announced the launch of the first sunset review on anti-dumping (AD) duties imposed on imports of cold-rolled stainless steel flat-rolled...
Read More -
Turkey announces increase in import tariffs for flat products
2023-01-31Turkey has decided to increase import duties on certain flat products. Import duties on non-alloy hot-rolled coil will increase from 9% to 15%, while those on alloyed hot-rolled coil will increase from 6% to 13%. Import duties on steel ...
Read More -
Indonesia terminates AD duties on cold-rolled stainless steel from China, Malaysia
2022-12-27Indonesia has terminated the anti-dumping (AD) duties on cold-rolled stainless steel from China and Malaysia. The AD duty was confirmed in March 2021. The dumping margin rate for China was determined at 39.3 to 109.6%, and that for M...
Read More -
Australia extends time to issue statement of essential facts & final report of AD & CVD measures on China’s aluminum zinc-coated steel
2022-12-21On December 12, 2022, the Australian Anti-Dumping Commission announced an extension of the deadline to publish the statement of essential facts, the final report, and recommendations on the anti-dumping (AD) and countervailing duty (CVD...
Read More -
Turkey’s CRC imports decreasing
2022-12-16According to the Turkish Statistical Institute (TUIK), in the first ten months of this year, Turkey's cold-rolled coil (CRC) imports totaled around 602,400 tons, sliding by 9.4% compared to the same period a year ago. The import value t...
Read More -
Brazil extends AD measure on Indonesia’s cold-rolled stainless steel sheets
2022-12-10Brazil's Secretariat of Foreign Trade (SECEX) announced an extension of the current anti-dumping (AD) measures on grade 304 cold-rolled stainless steel sheets from Indonesia by another five years from December 1, due to suffic...
Read More -
Thailand decides to impose AD duty on cold-rolled stainless steel from Malaysia and Indonesia
2022-12-06Thailand's authority decided to impose anti-dumping duty on imported cold-rolled (CR) stainless steel from Malaysia and Indonesia. The final dumping duties for CR stainless steel from Malaysia’s Bahru Stainless are 15.23% and 32.25% ...
Read More -
India’s Federation of Indian Mineral Industries seeking cancelation of export tariffs on bauxite
2022-11-30India’s Federation of Indian Mineral Industries (FIMI) is seeking the cancelation of the 15% export tariffs on bauxite in its pre-budget proposals to the finance ministry, saying that it will optimally utilize low-grade mineral resource...
Read More -
RUSAL’s 2023 sales rebound after LME decides not to ban Russian metals
2022-11-22RUSAL, a global leading aluminum supplier in Russia, said its sales for 2023 have rebounded after the London Metal Exchange (LME) decided not to impose a ban on the trading and storage of Russian metals in its system. It wa...
Read More -
The EU makes the first anti-dumping sunset review final ruling on China-related grain-oriented silicon and electrical steel
2022-11-06On January 17, 2022, the European Commission issued an announcement on Grain-oriented Flat-rolled Products of Silicon-electrical Steel originating in China, Japan, South Korea, Russia and the United States with a thickness gre...
Read More