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China's steel pipe exports are expected to fall slightly in November

China's steel pipe exports are expected to fall slightly in November

Nov-25-2022

The COVID-19 continues or even worsens, the global economic growth slowdown, poverty intensification and other issues remain prominent, the world economic recovery still faces many difficulties, the US interest rate hike is still continuing, the probabili

EU steel demand is expected to continue shrinking in 2023

EU steel demand is expected to continue shrinking in 2023

Nov-04-2022

EU steel demand is expected to shrink by 3.5% in 2022 and continue to shrink in 2023. In 2022, geopolitical conflicts will further aggravate inflation, supply chain and other issues. Against the background of high inflation and energy crisis, the EU is fa

China's steel production declines

China's steel production declines

Oct-21-2022

Since August, with the continuous repair of profits, the production enthusiasm of steel plants has been significantly improved, and the steel output has also started to pick up at an accelerated pace. The crude steel output in the first ten days of Septem

The second anti-dumping sunset review investigation on the color coated steel sheets

The second anti-dumping sunset review investigation on the color coated steel sheets

Sep-23-2022

On September 16, 2022, the Eurasian Economic Commission issued Announcement No. 2022/328/AD35, according to the Order No. 9 of the Internal Market Protection Department of the Eurasian Economic Commission on September 13, 2022, on color-coated sheets orig

Vietnam made final judgment on sunset review of anti-dumping against Chinese H-beam

Vietnam made final judgment on sunset review of anti-dumping against Chinese H-beam

Sep-16-2022

On August 31, 2022, the Ministry of Industry and Trade of Vietnam issued Resolution 1640/QD-BCT made on August 19, 2022, making the first final review of anti-dumping sunset on H-shaped steel products (H-beam) originating in China, and decided to continue

The Indian government is considering revising the steel export tariff policy

The Indian government is considering revising the steel export tariff policy

Aug-26-2022

According to foreign media, recently, the Indian Minister of Iron and Steel announced that the government was considering revising the steel export tariff policy. It is reported that after the Indian government announced in May that it would impose a 15%

Putin urges attention to domestic steel demand in Russia

Putin urges attention to domestic steel demand in Russia

Aug-19-2022

On August 1, Russian President Vladimir Putin said at the Russian metallurgical complex development conference that the current focus of the federal authorities and regional governments should be to ensure that domestic steel demand is met."The focus

EU launches anti circumvention investigation on hot rolled stainless steel coils in Indonesia

EU launches anti circumvention investigation on hot rolled stainless steel coils in Indonesia

Aug-19-2022

On July 27, 2022, the European Commission issued a notice that, at the request of the European Steel Association on behalf of the European hot-rolled stainless steel coil manufacturers on June 17, 2022, it conducted an anti circumvention investigation on

Japanese steel demand is unlikely to improve significantly in the short term

Japanese steel demand is unlikely to improve significantly in the short term

Jul-29-2022

On July 25, the World Steel Association announced the report on global crude steel production in the first half of the year. Japan's crude steel output in the first half of the year was 46 million tons, a year-on-year decrease of 4.3%.According to

China's indirect steel exports are expected to remain resilient

China's indirect steel exports are expected to remain resilient

Jul-15-2022

Mechanical and electrical products are mostly steel-consuming products, and their exports roughly reflect China's indirect exports of steel. After the epidemic, thanks to the advantages of China's manufacturing industry chain, the export o

The EU releases the disclosure of the final ruling on the review of the safeguard measures for impor

The EU releases the disclosure of the final ruling on the review of the safeguard measures for impor

Jul-08-2022

On May 30, 2022, the WTO Committee on Safeguards published the Safeguard Notice submitted to it by the EU delegation on May 26, 2022. The EU announced that it will make a ruling on the review of the safeguard measures for imported steel products (Certain

The hot rolled steel coil market of China in June

The hot rolled steel coil market of China in June

Jun-25-2022

In June, the hot rolled steel coil market still focused on the recovery of demand side. The sustained efforts of China's steady growth policy, coupled with the impact of the news of resumption of work and production in East China, may bring some p

The situation of steel consumption industry is relatively optimistic

The situation of steel consumption industry is relatively optimistic

May-10-2022

In 2021, despite the contraction of China's construction activities, the construction activities in the world continued to recover from the blockade of the COVID-19 epidemic, and the steel demand increased by 3.4% year-on-year. In many countries a

The outlook for steel demand in developed economies is expected to weaken in 2022

The outlook for steel demand in developed economies is expected to weaken in 2022

May-07-2022

Despite the impact of several rounds of COVID-19 and manufacturing supply chain restrictions, steel demand in developed economies is still recovering strongly in 2021, especially in the European Union and the United States.However, due to the impact of in

US steel imports increased by 27.8% year-on-year in the first quarter

US steel imports increased by 27.8% year-on-year in the first quarter

May-05-2022

According to the steel import monitoring and analysis data released by the U.S. Department of Commerce on April 6, in the first quarter of 2022, the steel import volume and finished steel import volume of the United States were 8.471 million tons and 6.69

Turkey has signed more than 400000 tons of hot rolled coil orders from China

Turkey has signed more than 400000 tons of hot rolled coil orders from China

Apr-29-2022

Turkey signed orders for more than 400000 tons of hot rolled coils from China. Affected by the conflict between Ukraine and Russia, most overseas buyers began to give up Russian resources. At present, the export price of hot-rolled steel coil in CIS is ab

European hot rolled coil prices continue to rise

European hot rolled coil prices continue to rise

Mar-04-2022

According to foreign media reports, on March 2, the ex factory price index of hot rolled coil in northern Europe was 985.7 euros / ton, up 19.5 euros / ton on a weekly basis and 49.6 euros / ton on a monthly basis.After the outbreak of the conflict betwee

Pakistan makes anti-dumping final ruling on cold-rolled coil from Taiwan

Pakistan makes anti-dumping final ruling on cold-rolled coil from Taiwan

Feb-11-2022

In February 3, 2022, the Pakistan State Customs Committee announced the latest announcement of case No. ADC60/2021/NTC/CRC, which made an affirmative termination of the anti-dumping duties on cold rolled coils/sheets originating or imported from Taiwan, C

World Steel Association forecasts steel demand to grow by 2.2% in 2022

World Steel Association forecasts steel demand to grow by 2.2% in 2022

Jan-26-2022

Edwin Basson, director general of the Worldsteel Association, said in his New Year's message recently that with the increase in vaccination rates and the government's support for epidemic prevention measures, steel demand will recover stro

India attitude towards China related iron, non alloy steel or other alloy steel cold rolled plates

India attitude towards China related iron, non alloy steel or other alloy steel cold rolled plates

Jan-13-2022

India terminates anti-dumping measures against China related iron, non alloy steel or other alloy steel cold rolled platesOn January 5, 2022, the Ministry of Commerce and Industry of India announced that the Tax Bureau of the Ministry of Finance of India

Australia initiates the second anti-dumping sunset review investigation on hot rolled steel coils

Australia initiates the second anti-dumping sunset review investigation on hot rolled steel coils

Jan-07-2022

On January 4, 2022, the Australian Anti-Dumping Commission issued Announcement No. 2022/002 stating that in response to an application submitted by the Australian company BlueScope Steel Limited on November 27, 2021, it initiated a second round of hot-rol

China's steel shows an increase in imports and a decline in exports in 2021

China's steel shows an increase in imports and a decline in exports in 2021

Dec-13-2021

According to previous statistics, in the first 10 months of 2021, China exported 57.518 million tons of steel products, a year-on-year increase of 29.5%. In the same period, a total of 11.84 million tons of steel was imported, a year-on-year decrease of 3

Steel prices soar in the United States

Steel prices soar in the United States

Nov-18-2021

The latest data show that on November 15, 2021, taking hot-rolled coil as an example, the price of American steel mills in the Midwest of the United States was US $2000 / ton (about 12760 yuan), EU steel was US $1150 / ton, and Japanese market was US $101

What are the reasons for the recent drop in steel prices

What are the reasons for the recent drop in steel prices

Nov-11-2021

Since November, China's domestic steel market still shows a weak trend of supply and demand, and the market has continued its weak operation since October. What are the reasons for the recent drop in steel prices?First, compared with the decline i

Us cancels EU steel and aluminum tax

Us cancels EU steel and aluminum tax

Nov-05-2021

On October 30, the United States announced that it would cancel some tariffs on EU steel and aluminum. Under this agreement, the EU exports 3.3 million tons of steel to the United States without tariff every year, and can also apply for an increase of 1 m

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