For example, steelmakers in the US are considering a request to invoke a Section 201 steel tariff investigation of Chinese steel imports if the US government does not act quickly on trade remedies. A Section 201 trade remedy was last put in force between March 2002 and December 2003, whereby temporary tariffs were put in effect to protect US ...

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Chinese steel production has expanded hugely. Over the past 25 years, output has grown more than 12-fold. By comparison, the EU's output fell by 12% while the US's remained largely flat. The drive ...

By 2018, China had more than quadrupled its share to 52.6 of the world's stainless steel, while Europe's share had shrunk to 15.6 percent and the United States had just a 5.5 percent share ...

Modern life depends on steel. Infrastructure, buildings, and cars require huge amounts of iron and steel in the production process. During its modernization process, China has built up a gigantic ...

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Ministry of Finance to increase tax and fee cuts in 2022 [12-28]; BG New Material Cold Rolling Plant successfully produces ultrathin steel coil of 0.2mm [12-28]; Tangshan Steel increases HRC output [12-28]; Tsingtuo 1,780mm hot rolling and supporting expansion project started [12-27]; CISA: Major steel mills' daily crude steel output records 1.89 million tons in mid-Dec [12-27]

James Campbell, a steel industry analyst with the commodity research firm CRU Group, said that on average, using Canadian steel would add US$50 per metric tonne in costs. Of course, some Chinese mills are more expensive and shipping also can equalize costs, he said.

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Stainless Steel. Stainless steel is a common and versatile metal defined by the fact that it is alloyed with a minimum of 10% chromium, a metal of high value, and other metals like nickel.Also known as corrosion resistant steel or chromium steel, stainless steel does not …

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China keeps churning out steel that no one wants to buy. In China, a small number of steelmakers use electric arc furnaces, or EAFs, that remelt piles of scrap from old cars or torn-down buildings ...

In the case of steel, well before the Section 201 case was launched, the US industry had mounted 159 AD and CVD cases and has managed to get as much as 79 percent of steel imports under current AD orders. 9 It seems odd for Section 201 remedies to be superimposed on AD or CVD penalties on imports of the same product from the same country. If an ...

The steel industry underpins the global economy. It intersects with other industries to a far greater degree than most commodities. Steel's deep entanglement with global markets exposes it to risks and opportunities from all directions – from protectionist and tariffs green tariffs to Covid-19 and supply chain disruptions.

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