Market Segment
December 4, 2023
Written by Laura Miller
AM/NS Calvert will continue providing hot-rolling tolling services for Outokumpu.
The two companies signed a long-term tolling extension agreement, which is good through Oct. 1, 2051. The earliest effective termination date is Oct. 1, 2042, and would require four years prior written notice, Outokumpu said in a statement.
Several steel trade organizations have called on President Trump to resist weakening Section 232 steel tariffs.
The US Commerce Department has raised the anti-dumping duties (AD) on imports of oil country tubular goods (OCTG) from South Korea.
ArcelorMittal told the government of Ukraine that it is unable to restart operations at its ArcelorMittal Kryvyi Rih steel plant in a “safe and sustainable manner” following Russian missile attacks.
After an annual administrative review, the Commerce Department increased the anti-dumping duties on large-diameter welded pipe from Turkey.
Global raw steel production slowed for the third month in a row in August, according to the latest figures from the World Steel Association (worldsteel).