Category: Daily Steel News

US plates in coil exports down 7.3 percent in November

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According to export data from the US Department of Commerce, US exports of plates in coil totaled 40,225 mt in November 2020, down 7.3 percent from October but up 33.8 percent from November 2019 levels. By value, plates in coil exports totaled $29.4 million in November, compared to $38.7 million in the previous month and […]

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US drawn wire imports down 3.3 percent in November

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According to final census data from the US Department of Commerce, US imports of drawn wire totaled 44,919 mt in November 2020, down 3.3 percent from October but up 23.5 percent from November 2019 levels. By value, drawn wire imports totaled $55.0 million in November 2020, compared to $55.1 million in the previous month and […]

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Brazilian court allows logistics company to resume transport of Vale’s iron ore

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The Rio de Janeiro state court has allowed logistics company MRS to resume the transportation of an undisclosed quantity of iron ore from Vale, which was detained at a local port. The city of Mangaratiba in the state of Rio de Janeiro denied MRS permission to use the railway in the city, as MRS allegedly […]

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Argentinian crude steel production rises 19 percent in December

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Argentinian crude steel production in December increased 19 percent, year-over-year, but declined 0.7 percent, month-over-month, to 388,200 mt, said local steel association, Camara Argentina del Acero (CAA). Argentinian hot rolled finished steel production in December rose 35.3 percent, year-over-year, and 3 percent, month-over-month, to 403,600 mt. Cold rolled flat steel output in December was 126,500 […]

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Brazil mining regulator may delay decisions due to increasing Covid cases

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Brazilian mining regulator, the National Mining Agency (ANN), said it is considering delaying decisions and appeals once again due to increasing Covid cases in Brazil. The regulator took a similar decision in March last year as the pandemic hit Brazil. ANM first delayed decisions and appeals for 40 days, meaning it would take longer than […]

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EU requests WTO panel against Indonesia’s export ban on raw material for stainless steel

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The European Commission (EC) has announced that the European Union has requested the World Trade Organization (WTO) to establish a panel to seek the elimination of unlawful export restrictions imposed by Indonesia on raw materials necessary for the production of stainless steel, notably nickel ore and iron ore. The EC stated that no WTO member […]

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EU initiates partial interim AD review on HRC imports from Russia’s Severstal

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The European Commission (EC) has initiated a partial interim review of antidumping measures applicable to imports of certain hot rolled flat steel imports from one of the key Russian exporters, Severstal. The request for the launch of the trade case was filed by the European Steel Association (EUROFER) which stated that over the past couple […]

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Value-added industrial output of China’s steel sector up 10.7% in Dec

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In December last year, the value-added industrial output of the ferrous metal smelting and rolling sector in China recorded a 10.7 percent increase year on year, indicating a rise of 1.1 percentage points compared to the 9.6 percent year-on-year rise recorded in November last year, due to the higher output in the given month amid steelmakers’ willingness to produce, […]

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Cokyasar Wire Industries Albania produces first galvanized wire coil

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Turkey-based Çokyaşar Holding has announced that its Albanian subsidiary Cokyasar Wire Industries Albania has commissioned its galvanizing line and produced its first galvanized wire coil. The galvanizing line has an annual production capacity of 45,000 mt of commercial galvanized wire, heavy galvanized wire, galvanized wire with zinc and aluminum, and soft-medium-hard tensile galvanized wire. The […]

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Chinese steel sector’s industrial capacity usage rises in Q4 from Q3

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The capacity utilization rate of the ferrous metal smelting, rolling and processing industry in China was at 82 percent in the fourth quarter last year, up 0.4 percentage points compared to the third quarter, while it was up 1.8 percentage points year on year, according to China’s National Bureau of Statistics (NBS). In 2020, the capacity utilization rate of the ferrous metal smelting, rolling […]

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