The government of Pakistan has announced some new tax measures in its federal budget 2014-15, introducing 10 percent customs duty on flat rolled silicon and alloy steel imports to bring them to a par with flat rolled products of non- alloy ...
Tags: Import Duty, Alloy Flat Steel
US steel coil prices fell slightly Thursday, with buyers saying some mills are becoming increasingly hungry and willing to cut deals. One top-tier mill source said the bulk of his hot-rolled transactions were being done between ...
Tags: Steel Coil, Metallurgy, Mineral, Energy
Based on the Commerce Department's most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Wednesday that steel import permit applications for the month of May total 3,950,000 net ...
Tags: Metallurgy, Mineral, Energy, Steel, finished steel
According to the data released by the Export and Import Division of South Korea's Ministry of Knowledge Economy (MOTIE), the country's trade balance indicated a $5.35 billion surplus in May this year. Meanwhile, in the first five months ...
Tags: Steel Exports, cars exports
US steel sheet prices stayed flat on Tuesday as mills remained reluctant to offer lower prices, but sources noted that downward pricing pressure is continuing to develop. Platts maintained its hot-rolled coil assessment at $675-685/st, ...
Tags: Steel Sheet, hot-rolled coil
In the first five months of the current year, Turkey's steel exports totaled 7.9 million mt, down 6.9 percent year on year, while the value of these exports decreased by 5.4 percent year on year to $5.9 billion, according to the data ...
Tags: Steel Export, steel
The US sheet steel market might be in for another stretch of relative stability, as new upcoming outages balance import pressure and drab demand, market sources said Thursday. One industry consultant said manufacturing -- and thus steel ...
Tags: Steel Sheet, steel consumption
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in the January-April period of the current year its subsidiary Tangshan Iron and Steel Co. (Tangsteel) exported 1.39 million mt of finished steel, ...
Tags: steelmaker, Iron, Steel
Gross steel production at Spanish plants was likely 1.2 million mt in April, a decrease of 9.3% year on year weighed down by the Easter holiday effect, Union de Empresas Siderurgicas, or UNESID, said in a note late Tuesday. The figure is ...
Tags: Steel Production, metal structures
Brazil-based iron and steel maker Gerdau said Tuesday its proposed logistics and mining investments will enable the company to more than double iron ore production within the next six years, to 24 million mt/yr, from the current 11.5 ...
Tags: Iron Ore, steel maker
The US hot-rolled coil steel sheet market Wednesday saw prices trend move down for the second time this week as buyers and at least one producer reported lower offers and transaction prices. One Midwestern service center source said HRC ...
Tags: Steel Sheet, Hot-Rolled Steel
The Canadian International Trade Tribunal has announced that it has initiated an expiry review to determine if the continued or resumed dumping of hot rolled carbon steel plate and high strength low-alloy steel plate from Ukraine is likely ...
Tags: Steel Plates, Steel
The Canadian International Trade Tribunal has announced that it has found that the dumping of hot rolled carbon steel plate imports from Brazil, Denmark, Indonesia, Italy, Japan and South Korea has not caused but is threatening to cause ...
Tags: AD Duty, Hot Rolled Plate
The US steel sheet market remains relatively steady, though a lack of buyer urgency may be eroding the bottom range of hot-rolled pricing, market sources said Monday. A top-tier mill source said import buying has picked up but domestic ...
Tags: Steel Sheet, top-tier mill
Strong domestic mill pricing appears to be filtering, slowly but surely, through the supply chain, market sources said Tuesday. Service centers have no choice but to increase their pricing for end-users, though realized prices are still ...
Tags: Steel Sheet, Downstream Markets