May 2018

EUROPE SECTIONS: Prices drop again on lower offers as market remains quiet

Domestic prices for hollow steel sections in Europe went down this week with offers being reduced again due to quiet trading conditions, market sources told Metal Bulletin on Wednesday May 16.

STEEL WEEK IN BRIEF: Stable iron ore prices, Iran sanctions, ArcelorMittal earnings...

Metal Bulletin reviews the major stories that have affected the steel market over the past week.

US tube, pipe prices rise on Section 232 quota outlook

Prices for mechanical tubing and standard pipe produced in the United States climbed in the domestic market after the government's Section 232 actions sparked fears among buyers that the arrival of some imported material would slow to a trickle in the second half of 2018.

TURKEY PIPE EXPORTS: Prices down further on over-supply, strong competition

Turkish pipe export prices have continued to fall in May on high stock levels in domestic steel mills and weak demand, especially in Europe and the United States, sources said on Wednesday May 9.

EUROPE SECTIONS: Prices fall again on lower offers in quiet conditions

Prices for domestic hollow steel sections dropped again in Northern Europe this week after a third week of reduced activity led to lower offer prices, market sources told Metal Bulletin on Wednesday May 9.

Brazil starts anti-dumping probe into cast iron pipes from three countries

Brazil has launched an anti-dumping investigation into imports of cast iron pipes from China, India and United Arab Emirates, according to the country’s foreign trade secretariat, Secex.

EC starts expiry review of anti-dumping tariffs on tube and pipe cast fittings from China, Thailand

The European Commission (EC) has started an expiry review into anti-dumping duties on threaded tube or pipe cast fittings, made of malleable cast iron, originating in China and Thailand, the EC said on Wednesday May 8.

EC starts review of anti-dumping measures on Ukranian seamless tube, pipe

The European Commission (EC) has started a partial review of anti-dumping measures currently in place on seamless tube and pipe originating from Ukraine, the EC said on May 7.

EC to review anti-dumping tariffs on cast iron tubes, pipes from India

The European Commission (EC) has decided to review its decision in a trade case investigating imports of tubes and pipes of ductile cast iron after it received a request to increase the duties on such material from Indian producer Electrosteel Castings Ltd (ECL).

Argentina agrees to steel export quota following US' Section 232 investigation

The Argentinian government has agreed to quotas on steel products exported to the United States, thus avoiding tariffs associated with the US' Section 232 investigation, according to national steel association Acero Argentino.