Overseas
September 5, 2025
Written by David Schollaert
Cold-rolled (CR) coil prices ticked lower in the US this week, while prices in offshore markets diverged and ticked higher.
The moves widened the gap between US prices and imports, supported by higher Section 232 tariffs, which doubled to 50% on June 3. Higher tariffs result in import prices soaring above US prices on a landed basis, even in instances of marginal gains.
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.”