Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Bureau of Industry and Security (BIS) has begun granting its first product exclusions from the Section 232 tariffs on imports of steel. “This first set of exclusions confirm what we have said from the beginning – that we are taking a balanced approach that […]
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Entries by katrinachangtw
The U.S. International Trade Commission said on Friday it had concluded U.S. producers of stainless steel sheet and strip were being hurt by subsidized and dumped imports from China, clearing the way for the final imposition of duties.
NEW YOTK – The U.S. Commerce Department has postponed its preliminary countervailing duty determination in an anti-dumping trade case against Chinese stainless steel sheet and strip.
No matter the style of a homeowner’s kitchen, be it modern, traditional or farmhouse, stainless steel appliances can add a pop of shine and a touch of class. Proponents of stainless steel appliances note their easy maintenance, stylish look and durability. Plus, the neutral tone of stainless steel helps it blend in with just about […]
Heading higher, Stainless steel surcharges are rallying for April as stronger commodity prices in nickel, scrap and molybdenum pushed rates up in all categories except Type 430-a turnaround from March when the surcharges for all grades took a tumble.
Stainless steel in holding firm. Don’t worry that your stainless fridge is going to be a hulking outdated monster in a few years.
Much of the excess has been created by over investment in steelmaking capacity in China, to levels way beyond internal demand. This oversupply was translated into significant quantities of the excess material being exported, in recent years, at highly competitive prices. As a result, the MEPS world average, US dollar denominated, steel price has declined […]
MEPS predicts that world crude stainless steel will reach an all-time high of 42.1 million tonnes in calendar year 2015. This would represent a 1.0 percent increase on the previous record figure, set last year. MEPS expects further moderate growth in global output in 2016. A new peak volume of 43 million tonnes is anticipated […]
If you’re a stainless producer, scrap buyer or stainless-buying manufacturer, it’s (hopefully) no surprise to you that the nickel market has been tanking – hard.
Rising London Metal Exchange nickel inventories have been taken as a bearish sign for the future path of refined nickel prices, while appearing to run counter to the long running narrative that says the Indonesian export ban introduced in early 2014 will eventually lead to a shortage of nickel ore for Chinese nickel-pig iron production and, hence, […]