December 2016

Tokyo Steel raises scrap buying prices again

Tokyo Steel raised its purchasing prices for overland and seaborne arrivals of H2-grade scrap with effect from December 22, the company announced on Wednesday December 21.

Vietnam extends H-beam anti-dumping investigation deadline

The Vietnamese Ministry of Industry and Trade (MIT) has extended the investigation period of its anti-dumping investigation into steel H-beam imports of Chinese origin, it said on Thursday December 22.

Vietnam extends decision deadline in PPGI safeguard investigation

Vietnam’s Ministry of Industry and Trade (MIT) has extended the deadline for its final decision in its safeguarding investigation into imports of pre-painted galvanized steel.

2017 OUTLOOK: Will Mexico's steel industry feel the 'Trump effect'?

Mexico has recently emerged as the most dynamic economy in Latin America, overtaking Brazil as region’s largest steel consumer.

Growing EAF output in Turkey leads to rise in scrap imports

Turkey's scrap imports continued to rise in January-October 2016, in line with the rising electric arc furnace (EAF) output, according to the Turkish Statistical Institute (TUIK).

Iran may halve flat steel import duties

Iran looks likely to cut import duties on flat steel by 50% soon, mainly due to insufficient supplies in the country, particularly of light gauge hot rolled coil (HRC), but also to support recovering downstream industries.

2016 REVIEW: A year of mixed blessings for CIS flat steel exporters

CIS flat steel exporters have gone through a roller-coaster ride in 2016.

2016 REVIEW: Formosa Ha Tinh Steel delays blast furnace launch yet again

Formosa Ha Tinh Steel (FHS), the Vietnamese subsidiary of Taiwanese steelmaker Formosa Plastic Group, has had its eight-year history defined by chronic delays and inconvenient surprises.

PRICING NOTICE: Discontinuation of some Iranian domestic and import steel product prices

After a period of market consultation, which ended on December 21, Metal Bulletin has decided to discontinue some Iranian domestic and import steel product prices.

Brazil sets preliminary anti-dumping duty on Chinese steel PC strand

Brazil hasimposed a preliminary anti-dumping duty on imports of pre-stressed concrete (PC) strand from China, the country’s foreign trade secretariat, Secex, said on Friday December 23.