Mexico announced it will enforce tariffs on imports of cold-rolled coil (CRC) from China with boron greater than or equal to 0.0008 percent. Antidumping duties will range between 65.99 percent and 103.41 percent. The Secretariat of Economy added the cold rolled steel with added boron to the existing antidumping duties on CRC after Altos Hornos […]
There have been a number of questions about whether steel prices have the staying power to continue to move higher from here. We thought we would bring in another opinion on the subject. MetalMiner published an article on the subject just yesterday and they have allowed us to reproduce the article in tonight’s newsletter. Lisa […]
January steel exports from China in rose to an all-time monthly record of 10.29 million tons, surprising analysts who were expecting reduced shipments this month. Steel shipments were expected to fall after China canceled the export tax rebate for Boron-added steel on January 1. Analysts predicted steel export volume would drop as much 30 percent […]
The following information was in a press release received by SMU from CRU. We have requested more information from CRU regarding the audit, how it has impacted their data providers and any other pertinent information they were able to gather through the process. We will follow up with another article when we receive information from […]
Written by: Sandy Williams Severstal NA sales of rolled products rose 17 percent in 2012 to 4.46 million tonnes (4.9 million net tons), up from 3.8 million tonnes (4.18 million net tons) in 2011. Fourth quarter sales were at 967,265 tonnes (1.06 million net tons), down 10 percent from the previous quarter. In 2012, Severstal […]