US DoC Reduces Antidumping Duty on HR Steel form Hyundai Steel US Department of Commerce has lowered its antidumping duty on hot rolled steel from Hyundai Steel Co and preliminarily determined that the weighted average dumping margin for Hyundai Steel is 0.94 percent, a sharp drop... Read More
USDOC finds dumping of imports of carbon and alloy Steel threaded rod from Taiwan WASHINGTON (Scrap Register): The U.S. Department of Commerce (USDOC) has announced an affirmative final determination in the antidumping duty (AD) investigation of imports of carbon and alloy steel threaded rod from Taiwan,... Read More
US Steel mill capacity utilization dips to 79.3% WASHINGTON (Scrap Register): United States domestic raw steel production was 1,835,000 net tons while the capability utilization rate was 79.3 percent in the week ending on November 30, 2019, according to latest data from the American Iron and... Read More
India’s Crude Steel output falls 3.4% in October BRUSSELS (Scrap Register): India’s crude steel output fell 3.4% to 9.089 million tonne (MT) during October 2019, according to World Steel Association (worldsteel). The country had produced 9.408 MT crude steel during the same month a year-ago, the... Read More
European Stainless Steel prices lose link to raw material costs LONDON: European stainless steel prices continue to fall, relative to the costs of the constituent raw materials. The “basis plus alloy surcharge” pricing system has been abandoned for most deals between the producers and the major... Read More
World Crude Steel production dips 2.8% October BRUSSELS (Scrap Register): World crude steel production for the 64 countries reporting to the World Steel Association was 151.5 million tonnes in October 2019, a 2.8% decrease compared to October 2018. China’s crude steel production for October 2019 was... Read More
US Steel imports fall 16% year-to-date through October: AISI WASHINGTON (Scrap Register): The U.S. imported a total of 2,177,000 net tons (NT) of steel in October 2019, including 1,479,000 net tons (NT) of finished steel (up 14.5% and down3.5%, respectively, vs. September final data), the American... Read More