Government/Policy
July 10, 2024
Written by Laura Miller
US steel imports registered a steep decline from May, with June licenses falling to the lowest monthly level so far this year.
Figures from the US Department of Commerce show 2,393,640 short tons (st) of steel import licenses registered for the month of June. That’s a 16% drop from May’s 26-month high of 2,853,750 st.
The proposed Hyundai-POSCO steel mill in Louisiana has been approved for up to $1.3 billion in bond financing, according to state records and local media reports.
The phrase “Fortress North America” seems to resurface anytime US, Canada, and Mexico trade negotiations roll around. The idea of an economic Fortress North America burst onto the scene in the late 1980s and early 1990s in the lead up to NAFTA. In theory...
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.