Steel Mills
Mexico Extends Investigation on CRC from China
Written by Sandy Williams
December 11, 2014
The Mexico Economy Secretariat announced an extension of the investigation of cold rolled coil from China.
“There are enough elements to preliminary support that in the investigated period the imports of the subjected product were done under price discrimination and generated a harm threat to the national production,” said the secretariat on Monday.
The products in question are cold-rolled steel products, not less than 600 mm wide, uncoated, 0.5-3 mm thick, under HS codes 7209.16.01 and 7209.17.01 imported to Mexico from October 2012 to September 2013. The complaint was brought to the Secretariat by Ternium and was supported by Ahmsa.
At this present time no countervailing duties have been imposed and a final determination time was not given by the Secretariat.
Imports of cold rolled coils into Mexico from China jumped 93 percent year-over-year from 2014 January to October. The secretariat estimates imports will continue to impact the Mexican steel industry in 2015, reducing next year’s production by 4 percent domestic shipment by 7 percent and capacity utilization by 2 percent in the first three quarters of 2014 (source: Platts).
The U.S. steel industry has been wondering “will they or won’t they” regarding the filing of a dumping suit on imports of China cold-rolled to the U.S. A negative decision for China in Mexico may divert more cold rolled to the U.S., which could make that suit more likely.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
USW seeks clarity on plans for Granite City Works
The United Steelworkers union has asked U.S. Steel to elaborate on its Granite City Works plans following reports that the steelmaker is ending processing at the facility.
Nucor maintains plate prices, opens October order book
Nucor aims to keep plate prices flat for a seventh straight month with the opening of its October order book.
ArcelorMittal Mexico to import from sister mills as it works to resume DRI production
ArcelorMittal has partially restarted operations at its direct reduction plant in Lazaro Cardenas, Michoacan. An explosion on Aug. 18 rocked the massive steelworks on Mexico’s Pacific coast, impacting production of direct-reduced iron (DRI).
Fall maintenance outages are coming in hot
Labor Day has passed, the sun is starting to set a little earlier each day, and cooler weather has begun to find its way down to many of us across North America. And you know what that means for the steel industry… Fall maintenance outages!
AISI: Domestic steel production ticks up
US raw steel production ticked up in the week ending on Sept. 6 after a decrease the week before, according to the most recent data from the American Iron and Steel Institute (AISI).