Industry News

The EU initiates the first anti-dumping sunset review investigation on Chinese iron, non-alloy or other alloy steel hot-rolled coils On April 5, 2022, the European Commission issued an announcement that in response to the application submitted by the European Iron and Steel Association on behalf of the EU iron, non-alloy

China Strip Steel Market in March In March, the domestic strip steel market showed a volatile upward trend. At the beginning of the month, the steel strip market was affected by the increase in coke, and the price of iron ore rose, which pushed the finished products to generally rise,

Thailand initiates the first anti-dumping sunset review investigation on Vietnam’s galvanized steel sheet On March 22, 2022, the Department of Foreign Trade of the Ministry of Commerce of Thailand issued an announcement stating that the first anti-dumping sunset review investigation was initiated against galvanized steel sheets originating in Vietnam. Thai

UK imposes 35% tariff on Russian steel The British government has decided to impose a 35% tariff on 900 million pounds worth of goods imported from Russia, including vodka, fertilizers, steel, aluminium, copper and other metals, while suspending export financing to Russia and Belarus. In addition, Britain denied Russia and

Morocco launches anti-dumping investigation on Turkish galvanized steel wire Morocco launches anti-dumping investigation on Turkish galvanized steel wire: On March 9, 2022, the Ministry of Industry, Trade, Green and Digital Economy of Morocco issued Announcement No. DDC/1/2022. Galvanized steel wire (French: fils galvanisés) initiates an anti-dumping investigation. The Moroccan tax

South Korea successfully developed a new type of aluminum-silicon-magnesium coated steel plate As one of the methods to improve the corrosion resistance of steel, other metals are usually coated on the surface of the steel plate. Although the traditional galvanizing process can improve the corrosion resistance of steel plates, zinc

All major Ukrainian steel bases shut down On March 2, 2022, due to the escalation of the Russian-Ukrainian war, Metinvest, a major Ukrainian steel producer, has announced that operations at its Zaporizhstal and Zaporizhkoks steel plants in Zaporizhzhya will be temporarily suspended, Metinvest press officer Vitalii Yermak said, will ensure

EU initiates first anti-dumping sunset review investigation on Chinese plate Recently, the European Commission issued an announcement saying that, at the request of the European Iron and Steel Association, the first anti-dumping sunset review investigation was initiated on medium and heavy plates originating in China. The EU CN codes of