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Slab prices in Asia fall below $500 cfr on lower CIS levels

Import prices for slab in Southeast Asia and East Asia have fallen below $500 per tonne cfr for the first time since late-2013 following recent deals from CIS suppliers, sources told Steel First.

STEEL FIRST OUTLOOK: Is there a cure for Italy’s steel sector woes?

Italian steelmakers are facing a variety of problems affecting the sector’s profitability and prospects. Metal Bulletin Research (MBR) examines the causes and looks at possible remedies.

ANALYSIS: Korean OCTG exports to USA will go on despite duties, MBR says

South Korean exports of oil country tubular goods (OCTG) to the USA can still be competitive despite new anti-dumping margins, according to analysis by Steel First sister company Metal Bulletin Research (MBR).

China to impose tax on steel imported for re-export

China will impose a protective tariff on imports of finished steel materials which are re-exported after domestic processing, the country’s Ministry of Finance (MoF) announced via its website on Friday July 11.

Video

VIDEO: What next for Europe’s welded tube market?

Europe's market for carbon steel welded tube has suffered from overcapacity, low demand and low prices since the financial crisis of 2008-09 caused construction activity to plummet.

Features & Columns

ANALYSIS: SSAB-Ruukki divestments could open Nordics for competition

Asset divestments needed to complete Swedish steelmaker SSAB’s proposed merger with Finnish steel producer Rautaruukki (Ruukki) could bring new competition to the Nordic-region finished steel product market.

FEATURE: Mixed fortunes for Turkey in recent US rulings on OCTG, nail investigations

Turkish exporters were dismayed by the USA’s decision to reverse an earlier determination and impose anti-dumping margins on oil country tubular goods (OCTG) from Turkey at rates as high as 35.86%.

ANALYSIS: Korean OCTG exports to USA will go on despite duties, MBR says

South Korean exports of oil country tubular goods (OCTG) to the USA can still be competitive despite new anti-dumping margins, according to analysis by Steel First sister company Metal Bulletin Research (MBR).

Steel First Outlook

STEEL FIRST OUTLOOK: Is there a cure for Italy’s steel sector woes?

Italian steelmakers are facing a variety of problems affecting the sector’s profitability and prospects. Metal Bulletin Research (MBR) examines the causes and looks at possible remedies.

STEEL FIRST OUTLOOK: Upside risks abound in MBR’s US flat steel price forecasts

There are a number of upside risks to the pricing forecast for flat steel prices in the USA, according to Metal Bulletin Research (MBR).

Interviews

INTERVIEW: Carbones expands pig iron market share amid Ukraine turmoil

Europe’s largest pig iron distributor, Carbones Holding, has seen its business thrive despite the political turmoil in Ukraine, ceo Jurriaan Hovis told Steel First in a recent interview.

INTERVIEW: EU trade commission 'too liberal, too slow', Eurofer president says

The European Union’s trade commission is too liberal in its guidelines and is too slow in processing anti-dumping cases, according to Robrecht Himpe, the new president of European steel association Eurofer.