-
The EU made the final ruling on the first anti-dumping sunset review of Chinese heavy plate
2023-05-31On May 17, 2023, the European Commission issued an announcement, making the affirmative final ruling of the first anti-dumping sunset review on the China-originated Medium and Heavy Plate (Certain Heavy Plate of Non-alloy or Other Alloy...
Read More -
UK plans to ban importing Russian aluminum and other commodities
2023-05-23A news reported that the UK plans to impose extreme restrictions upon aluminum and other commodities. British Prime Minister said that it would legislate later this year to ban imports of Russian diamonds and end all imports of Russi...
Read More -
Aluminium cans and the shift in global beverage consumption patterns
2023-05-05The most common use of aluminium packaging is- beverage cans. Aluminium cans are now globally viewed as a sustainable and safe packaging option by consumers and manufacturers alike. Not only are they environmentally friendly, but they k...
Read More -
INFLUENCE OF STEEL ON AUTOMOTIVE
2023-04-22The automotive industry has been one of the most critical sectors of the global economy. As the demand for automobiles increases, so does the need for better materials for their construction. Steel has been a dominant material in the au...
Read More -
UAE extends import duty on rebar and wire rod until Oct 2025
2023-04-12According to a notice from Dubai Customs, the UAE has extended the increased import duty on rebar and wire rod until October 12, 2025. In order to protect the domestic steel industry, this import duty was first raised from 5% to 10% ...
Read More -
Earthquake in Turkey impacts on steel market
2023-02-10A 7.8-magnitude earthquake hit Turkey on February 6, which caused significant damage to many buildings and a large number of casualties. Regarding the impact on the stainless steel market, market participants said that Turkey is one ...
Read More -
LME’s nickel price goes up on Feb 8
2023-02-10On February 8, nickel futures price at the London Metal Exchange (LME) hiked by over US$100/ton and closed at US$27,390/ton. Meanwhile, the nickel spot price increased by US$149/ton to US$27,192/ton. At the same time, the nickel invento...
Read More -
Malaysia launches first AD sunset review on cold-rolled stainless steel flat-rolled products from 4 countries
2023-02-04On January 31, 2023, the Ministry of International Trade and Industry (MITI) of Malaysia announced the launch of the first sunset review on anti-dumping (AD) duties imposed on imports of cold-rolled stainless steel flat-rolled...
Read More -
Turkey announces increase in import tariffs for flat products
2023-01-31Turkey has decided to increase import duties on certain flat products. Import duties on non-alloy hot-rolled coil will increase from 9% to 15%, while those on alloyed hot-rolled coil will increase from 6% to 13%. Import duties on steel ...
Read More -
Indonesia terminates AD duties on cold-rolled stainless steel from China, Malaysia
2022-12-27Indonesia has terminated the anti-dumping (AD) duties on cold-rolled stainless steel from China and Malaysia. The AD duty was confirmed in March 2021. The dumping margin rate for China was determined at 39.3 to 109.6%, and that for M...
Read More -
Australia extends time to issue statement of essential facts & final report of AD & CVD measures on China’s aluminum zinc-coated steel
2022-12-21On December 12, 2022, the Australian Anti-Dumping Commission announced an extension of the deadline to publish the statement of essential facts, the final report, and recommendations on the anti-dumping (AD) and countervailing duty (CVD...
Read More -
Turkey's CRC imports decreasing
2022-12-16According to the Turkish Statistical Institute (TUIK), in the first ten months of this year, Turkey's cold-rolled coil (CRC) imports totaled around 602,400 tons, sliding by 9.4% compared to the same period a year ago. The import value t...
Read More