Overseas
January 24, 2023
Written by Michael Cowden
The first quarter of this year is off to a much, much better start than the first quarter of 2022.
You’ll recall that prices for all sheet products were way higher this time last year. But service centers were slashing prices and trying to move overpriced inventory.
The Commerce Department has found high dumping rates of Chinese tin mill products in the US market.
In the trade case investigating subsidized wire rod imports from Algeria, the Commerce Department set final subsidy rates and officially issued the countervailing duty (CVD) order.
The US Department of Commerce has raised the anti-dumping duties (AD) on imports of oil country tubular goods (OCTG) from Vietnam.
The Commerce Department has issued its preliminary countervailing duty (CVD) determination in the trade case investigating tin mill products from China.
China is bumping up against its official primary production capacity limit of 45.3 million metric tons/year, but production can still increase through “capacity creep.”