May 2022

Ukrainian steelmakers welcome US decision to suspend 232 tariffs, call for cancellation of other restrictions

Ukrainian steelmakers, particularly Metinvest and Interpipe, have welcomed the decision by the United States to suspend Section 232 tariffs of 25% against imports of steel from the country for one year.

EU initiates expiry review of anti-dumping duty on seamless tube, pipe imports from China

The European Commission (EC) has initiated an expiry review of anti-dumping duties on imports of seamless steel pipes and tubes from China, it announced on Thursday May 12.

Salzgitter reports record-high results for Q1 on high steel prices

A summary of German steelmaker Salzgitter’s financial results for the quarter from January 1 to March 30, 2022, as published by the company on Thursday May 12.

Europe steel sections edge down on further HRC decreases

The price of steel hollow sections narrowed downward in the week ended Wednesday May 11 amid further decreases in the hot-rolled coil market, sources told Fastmarkets.