Steel tariffs hit US largest nail maker
Trump (when he was running for president) claimed at the time that he would revive the United States and would protect the US job. Now his actions are very likely to cause 500 Americans to lose their jobs
US Department of Commerce Approves First Application of "232" Customs Exemption for Steel Products
U.S. companies may apply for waiver from the U.S. Department of Commerce since March 19. Due to the violation of the WTO rules, the United States steel and aluminum tariffs have been widely opposed by many governments and companies.
US Anti-subsidy Preliminary Inspection of Large diameter Welded Pipes from China
U.S. International Trade Commission (USITC) issued an announcement to make a positive preliminary ruling on anti-dumping and anti-subsidy industrial damage to large-diameter welded pipes imported from China, India, South Korea, and Turkey, as well as imports from Canada and Greece.
China and Japan Steel capacity in May
Japan’s crude steel production in May increased by 4.3% from the previous month without seasonal adjustment. China’s lead production in May increased by 15% year-on-year to 413,000 tons.
Steel industry enters the off-season
from May 22 to June 15, eight spot checks went to 21 provinces (autonomous regions and municipalities) to carry out the steel industry's overcapacity and prevent spot checks of “Gibbon Steel”
In May, the electricity consumption of the whole society increased by 11.4% year-on-year
We all know that steel pipe is a electricity consumption industry. As now steel production capacity is strictly restricted, we should try our best to be a energy saving steel mills.
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