April 2017

Mexico again extends 15% import duty on five steel products

The Mexican government has extended, for a third time, a 15% tariff imposed on imports of slab, hot rolled coil (HRC), heavy plate, cold rolled coil (CRC) and wire rod.

Northern European coil buyers waiting for prices to fall

Northern European buyers of coiled flat steel products have been holding back from making deals this week as they expect prices to fall, sources told Metal Bulletin.

New tinplate, CRC mill in Belarus to start production in H2 2018

Production is scheduled to start from the first units of the new Miory metal rolling mill (MMPZ) in northern Belarus in the second half of 2018, according to equipment supplier SMS.

EU imposes higher definitive duties of 18-36% on HRC from China [CORRECTED]

The European Commission (EC) has imposed definitive anti-dumping duties at rates of 18.10-35.90% on hot rolled coil (HRC) imported from China, it said on Thursday April 6.

Australia exempts certain HRC imports from AD duties

The Australian government has exempted imports of certain hot rolled coil and sheet (HRS) from anti-dumping duties, following an inquiry started in November last year.

China’s HRC prices fall on softening futures market

China’s hot rolled coil prices fell on Thursday April 6 amid a softening paper market.

Trading still thin in Iranian flat steel import market after new year holiday

The Iranian flat steel import market has been largely inactive for the most part of the week ended April 5 due to long holidays to ring in the Persian New Year on March 20, sources told Metal Bulletin.

China AM: Ferrous futures retreat after post-holiday gains

China’s ferrous futures retreated during morning trading on Thursday April 5 after posting gains a day earlier, though seaborne coking coal prices are expected to rise with miners in Australia unable to send their materials to the port amid rail disruptions.

Russia’s MMK returns to Southern European market with HRC offers

Russian steelmaker Magnitogorsk Iron & Steel Works (MMK) has resumed trading hot rolled coil (HRC) in Southern Europe, after the European Commission (EC) decided not to set preliminary anti-dumping duties, sources told Metal Bulletin on Wednesday April 5.