Coated steel Market
Wednesday, 11 December 2019
Coated Steel- an Introduction When the steel surface is coated with an additional layer of organic or metallic materials to protect from rusting, is called coated steel. Usually, a coating layer is added to flat steel when they are in a coil form. Coated steel can be categorised into three broad categories: metallic coated steel,
- Published in Steel
Canadian trade watchdog recommends ceasing steel tariffs
Monday, 08 April 2019
Canada imposed tariffs on seven steel products including rebar, OCTG, HRC, PPGI, stainless steel wire and wire rod last year. It aimed to stop the redirected flow of these materials from the US after the imposition of Section 232 tariffs. However, the Canadian trade watchdog Canadian International Trade Tribunal (CITT) has recommended that the government
- Published in Steel
Canada to decide the future of its provisional steel tariffs
Tuesday, 29 January 2019
Like many other key markets, steel imports have also been facing some tough times in Canada. There are provisional customs duties on the following CRC HS codes payable from on or after 23rd August 2018. 7209.15.00.00 7209.16.00.00 7209.17.00.00 7209.18.00.00 7209.25.00.00 7209.26.00.00 7209.27.00.00 7209.28.00.00 7209.90.00.00 7211.23.00.00 7211.29.00.00 7211.90.00.00 7225.50.00.00 These duties are imposed by the Canada Border
- Published in Steel
Tata Steel to offload its electrical steel production plant before its merger with ThyssenKrupp
Wednesday, 21 November 2018
Tata steel pursues to sell its electrical steel plant before its merger with ThyssenKrupp to address concerned expressed by the European Commission (EU). The company is trying to sell its non-core assets before the merger, for which the company announced its plan earlier this year for the divestments of some manufacturing facilities including Cogent, its
- Published in Steel
EU takes further initiatives to curb steel imports with implications for intra company trade
Wednesday, 18 July 2018
European Commission has imposed provisional safeguard measures on imports of 23 steel products categories for a maximum of 200 days. Tariffs of 25% will come into force once the steel imports exceed the average of imports over the last three years. The EU safeguard measures have been taken in response to the 25% import duties
- Published in Steel
Iran has emerged as a significant steel exporter but is threatened by impending sanctions
Friday, 13 July 2018
Iran is the largest producer in the Middle East and North Africa and is the 13th world largest steel producer with 21.2 million tonnes of crude steel production in 2017. Some of its major steel producers include Mobarakeh Steel, Khouzestan Steel and Esfahan Steel. The country has planned to raise its output to 55 million
- Published in Steel
ArcelorMittal Tailored Blanks to increase its capacity at its French plant
Monday, 25 June 2018
ArcelorMittal Tailored Blanks is investing €7 million in installing a new high-technology welding line at its Lorraine facility in Uckange, France. The application of the technology is the first of its kind to combine welding and partial ablation in the production of laser welded blanks (LWB) simultaneously. The line will ramp up the plant capacity
- Published in Automotive
Pakistan supports its local steel industry with antidumping duties
Monday, 18 June 2018
Pakistan National Tariff Commission (NTC) imposed up to 14.24% anti-dumping duties on imports of colour coated galvanised steel coils (organic coated steel) from China and South Africa for the next five years. The decision was made in June 2018 on the basis that the imported steel coils were potentially being imported at dumped prices causing
- Published in Steel
AK Steel makes technical advancements to help improve its share in the grain oriented electrical steel market
Monday, 04 June 2018
AK Steel launched a new family of high-permeability grain oriented electrical steel (GOES), which is specially designed for high- and ultrahigh-voltage transformers. The company disclosed that its new TRAN-COR X family of grain oriented electrical steel is a step improvement over its current TRAN-COR H steels. It is expected that the new grade steels will
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