The world now waits to see how two aluminum market leaders, China and India, will react to U.S. President Donald Trump’s imposition of 25% tariffs on metal imports. Between them, these two nations produce about 50 million metric tons (MT) of aluminum yearly. However, China significantly outpaces India, alone producing about 43 MT per year. […]
Category: Anti-Dumping
Trump’s Tariffs: EU Warns of ‘Firm and Proportionate’ Counterstrike
European bodies recently criticized U.S. President Donald Trump’s order to introduce tariffs on all steel and aluminum imports entering the country. Meanwhile, experts at home and abroad continue to evaluate how the trade dispute will affect steel prices and aluminum prices. The European Commission, the European Union’s executive arm, recently vowed that it would respond […]
Trump’s Tariff Talk Sparks Fear: Will US Steel Imports Face the Axe in 2025?
“The import market is slow right now. We have seen a lot of pressure on imports,” one trader said on January 24. They were referring to the anti-dumping investigation on HRC imports from Japan, Egypt, India and Vietnam, which the European Commission started in August. The move followed a request by the European Steel Association, […]
EU Steel Imports Soar 12% as Importers Race Against Anti-Dumping Duties
Steel imports into the European Union rose by an average of more than 12% year on year in the first ten days of Q1 2025. As of January 13, information from Germany-headquartered Metals Consulting International (MCI) indicated that total steel industry import volumes transacted under Tariff Rate Quotas totaled 2.2 million metric tons. This far […]
Surging Exports and Stimulus Gains: Is China’s Steel Recovery Sustainable?
Are we seeing the first offshoots of a recovery in China’s steel industry? Some media outlets report that Chinese steel output turned positive for the first time in four months. This comes in the wake of the government’s efforts to restart the domestic economy, coupled with an improvement in demand for steel. In late September, […]
EU Cracks Down on Anti-Dumping: Probe Into Imports from Asia and North Africa
The European Commission (EC) has begun to register hot rolled coil imports from several countries. The EU’s executive arm said the imports are the subject of an anti-dumping investigation for April 1, 2023, to March 31. The registrations concern imports of the flat rolled product from Egypt, Vietnam, Japan and India, the EU Official Journal […]
China’s Economic Struggles: Why Cutting Rates Isn’t Enough to Boost Steel Demand
No matter the type or amount of stimuli put in by the Chinese Government, the country’s economy is just not getting back into revival mode. Meanwhile, China’s beleaguered steel industry continues to suffer. As part of efforts to boost economic growth, China cut down its benchmark lending rates after the apex bank lowered interest rates […]
Nickel Prices Surge Past $18K: Is a Stainless Steel Rebound Finally on the Horizon?
Of late, nickel prices have been on the rise. More recently, nickel hit a new three-month high on the London Metal Exchange (LME), surging past US $18,000 per metric ton. The price of this material, which is crucial for making stainless steel, has been under pressure for months. Now, it seems to be showing strong […]
Stainless MMI: Steep Stainless Discounts as Nickel Price Rally Collapses
Overall, the Stainless Monthly Metals Index (MMI) posted slight growth, with a 3.54% rise from August to September. Nickel prices rallied throughout August, halting months of steep declines. All in all, prices rose 3.18% during the month as they found a peak on August 30. However, the rebound proved short-lived. The price of nickel collapsed […]
Construction MMI: Steel Prices Dip Further with Ongoing Steel Demand Weakness Within China
The Construction MMI (Monthly Metals Index) broke further out of its sideways trend, dipping by 3.61%. The main culprits driving the index down month-over-month were falling steel rebar and h-beam steel prices, compelled by weak domestic demand within China. With China’s property sector not anticipated to strengthen in the short term, steel prices could continue […]
