Overseas
June 19, 2025
Written by David Schollaert
US hot-rolled (HR) coil prices crept up again this week but still trail imports from Europe. It’s supported by Section 232 steel tariffs that were doubled to 50% earlier this month.
Recall the tariff hike on June 3 reversed earlier gains from March, when reimposed undiluted Section 232 rules had briefly narrowed the price gap with imports on a landed basis.
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.”