The Indian Ministry of Commerce and Industry announced that it will impose a temporary anti-dumping (AD) duty on the imports of aluminum and zinc coated flat products from China, South…
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Asia
Steel makers may see up to 20% rise in cost
With leases for a number of merchant mines set to expire in March 2020, steel makers without captive mines, which account for about 75% of the domestic production, are likely…
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thyssenkrupp bets on India for industrial solutions
German conglomerate Thyssenkrupp’s industrial solutions business will make India a supplier to its international markets, eyeing the country as a “major pillar” of its global strategy that is currently chasing…
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Nickel price stands on $13,000, Yusco & Tang Eng orders surge
According to two main stainless steel manufacturers in Taiwan, Tang Eng Iron Works Co., Ltd. and Yieh United Steel Corp. (Yusco) both expected to increase the stainless steel price because…
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Tata Steel, JSW draw water sustainability strategies
With several cities facing water crisis, companies such as Tata SteelNSE 2,36% and JSW are focusing on sustainability of water, a critical resource for steel majors apart from iron-ore and…
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US determines preliminary AD duty rate on CTL plate imports from 4 countries
According to the preliminary determination made by the US Department of Commerce (USDOC) on Thursday (July 11th), the producers and exporters in Belgium, France, Italy and South Korea sold their…
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Indian HRC position cargoes dent Vietnam’s import market
Indian-origin hot rolled coil is currently the most competitive import source in Vietnam. The low priced cargoes are attributed to Chinese and international traders releasing position cargoes. Read more at Indian…
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India launches AD investigation on stainless steel flat rolled products from 15 countries
It was reported that the Indian Ministry of Commerce and Industry announced on July 3rd that it will launch an investigation of anti-dumping on stainless steel flat rolled products imports…
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China’s steelmakers say iron ore import prices are too high
Surging iron prices have taken a hit from signs the Chinese government could act on complaints from Chinese steel mills that market manipulation by futures traders is squeezing their profit…
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Vietnam signs free trade agreement with EU
It was reported that Vietnam and the EU signed the EU-Vietnam Free Trade Agreement (EVFTA) on June 30th. With the agreement, 99% of goods between Vietnam and the EU will…
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