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Japan’s steel sector is facing tumultuous times. But, in the short term, there are initial signs of it pulling through in 2021. Are you on the hook for communicating the company’s steel performance to the executive team? See what should be in that report.  Pandemic impacts on Japan’s steel sector The COVID-19 pandemic contributed to...
This morning in metals news, Japan saw its steel production fall over fiscal year 2018, the general counsel for the United States Trade Representative is leaving the administration and U.S. housing starts in March were down 14.2% year over year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Japanese Steel...
This morning in metals news, Japan is considering retaliation over the U.S.’s Section 232 metals tariffs, copper gains slowed in the face of a strengthening U.S. dollar, and South Korea initiated a complaint at the World Trade Organization (WTO) over the U.S. duties on solar cells and washing machines. Need buying strategies for steel? Try...
This morning in metals news, the parent company of Japan’s second-largest steelmaker said the U.S. steel tariff on steel had yet to impact its exports, Novelis breaks ground on a new automotive aluminum facility in Kentucky and a NAFTA deal is unlikely to happen by the May 17 deadline put forth by U.S. House Speaker...
This morning in metals news, Japan is opting for a “low-key” approach in its efforts to win Section 232 tariff exemptions, Ukraine’s steel production dropped 3% in the first quarter and Turkey sent a letter to the U.S. lobbying for tariff exemptions of its own. Need buying strategies for steel? Try two free months of...
This morning in metals news, Japan is calling for the U.S. to ditch its recently imposed Section 232 aluminum tariff, U.S. steel exports were up 13% last year and Texas Gov. Greg Abbott announced a $500 million investment from JSW Steel for its facility in Baytown, Texas. Need buying strategies for steel? Try two free...
This morning in metals news, Japan’s steelmakers are on a hot run (despite the bad press of the Kobe Steel quality data falsification scandal), U.S. Steel reported fourth-quarter 2017 net earnings of $159 million and Glencore said production in 2017 was down for most commodities. Need buying strategies for steel? Try two free months of MetalMiner’s...
This morning in metals news, the Japanese steel industry’s output is expected to grow next year, lenders have a new plan for Essar Steel, and China’s zinc and copper outputs in November were at their highest since late 2014. Benchmark Your Current Metal Price by Grade, Shape and Alloy: See How it Stacks Up Japanese...
After a required five-year review, existing antidumping duty orders on carbon and alloy seamless standard, line, and pressure pipe (CASSLP) from Japan and Romania were kept in place after a vote Tuesday by the U.S. International Trade Commission (USITC). Two-Month Trial: Metal Buying Outlook According to the Uruguay Round Agreements Act, the Department of Commerce...
As requested by Japan, the World Trade Organization (WTO) has set up a dispute settlement panel to decide the row over India's imposition of a safeguard duty on imports of iron and steel products. Benchmark Your Current Metal Price by Grade, Shape and Alloy: See How it Stacks Up MetalMiner has reported on this case in the past. Japan’s request was made after New Delhi imposed safeguard duties on several iron and steel products, which India claimed violated global trade rules. India’s finance ministry imposed definitive safeguard duties on imports of hot-rolled flat products of non-alloy steel in coils to counter a surge in imports from several countries, including Japan. India’s stand has been that such cheap imports “caused injury to domestic steel industries.” As both the nations failed to arrive at a solution, Japan petitioned the WTO for the...
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