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Europe’s aluminum foil roll demand grows by 5% in Q1, contributed by packaging industry
According to the European Aluminium Foil Association (EAFA), in the first quarter of this year, the European demand for aluminum foil rolls was up by 5%, exports plummeted by 27%, while the total production increased by 0.2% to 244,700 tons, all year on year. The strong demand offset the continue...Read More -
India imposes 15% export duty on certain stainless steel products from May 22
According to India’s Ministry of Finance, the government adjusted import and export tariffs on raw materials for steelmaking and some steel products. Among them, a 15% export tariff will be imposed on stainless steel flat-rolled products of a width of 600 mm or more (HS code 7219), stainless stee...Read More -
Turkey’s CRC imports increase in Mar
According to the Turkish Statistical Institute (TUIK), Turkey’s coil-rolled coil (CRC) imports in March grew by 7.2% month on month and increased by 21.6% year on year to around 58,800 tons. The import value rose to US$58.1 million, up by 0.8% month on month and 62.4% year on year. Among them, Ru...Read More -
Vietnam terminates AD measures on galvanized steel products from China, South Korea
On May 12, 2022, the Ministry of Industry and Trade (MOIT) of Vietnam announced that it has made a negative determination for the first anti-dumping (AD) sunset review on galvanized steel products originating in China and South Korea, deciding to terminate this AD measure on subject products. Aft...Read More -
Argentina launches second AD sunset review investigation on malleable cast iron pipe fittings from Brazil & China
The Ministry of Productive Development of Argentina initiated the second anti-dumping (AD) sunset review investigation on imports of malleable cast iron pipe fittings with a diameter of less than 600 mm from Brazil and China. Those products involved are under HS codes 7307.19.10 and 7307.19.90. D...Read More -
US’ CRC imports rise in March
According to the preliminary Census Bureau data from the US Department of Commerce (USDOC), the US imported around 157,000 tons of cold-rolled flat products in March this year, rising by 29% compared to the previous month and also hiking by 52% from the same month a year earlier. Among them, the ...Read More -
UAE Dana Steel’s CRC plant to start production in Q1 2023
The UAE’s Dana Steel is already preparing to start the production of cold-rolled coils. The cold-rolling plant has an annual production capacity of 400,000 tons and was expected to start production in the first quarter of 2023. Dana Steel currently has two production lines, one is used to p...Read More -
Russia-Ukraine war causes steel shortage in Finland
The Finnish construction industry is experiencing unprecedented difficulties due to the crisis in Ukraine.According to the Finnish Construction Industries Confederation, about a quarter of the steel used in Finland came from Russia, Ukraine and Belarus. Not only the construction sector, the short...Read More -
Vietnam announces preliminary AD ruling on welding materials from 3 countries
On April 19, 2022, the Ministry of Industry and Trade (MOIT) of Vietnam announced its preliminary anti-dumping (AD) rulings on welding materials originating in China, Thailand, and Malaysia, deciding to levy temporary AD duties at a rate of 0% to 36.56%. This case involves products under Vietnam...Read More -
China’s aluminum production grows in Mar y-o-y, driven by strong profits
According to statistics released by the National Bureau of Statistics (NBS) of China, China’s aluminum production totaled 3.3 million tons in March this year, which hiked by 1.8% compared to the same month a year ago, hitting a new high since last May. The growth was mainly due to strong profits....Read More -
Mexico extends AD duties on hot-rolled flat products from 3 countries
According to an official document, Mexico has decided to extend the current anti-dumping (AD) duties on imports of hot-rolled flat products originating in China, Germany, and France for another five years, valid from December 23, 2020. The AD duty rate for Tangshan Iron and Steel Group is maintai...Read More -
EU initiates AD expiry review on hot-rolled flat products from China
On April 5, 2022, the EU initiated an expiry review of anti-dumping (AD) measures on imports of certain hot-rolled flat products of iron, non-alloy or other alloy steel originating in China, following a request submitted by the European Steel Association (EUROFER) on January 4, 2022. The applican...Read More
