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cold-rolled products - Latest news GMK Center

Photo – Malaysia extends duties on cold-rolled steel from China and Japan for another five years
Malaysia extends duties on cold-rolled steel from China and Japan for another five years

At the same time, tariffs on steel imports from South Korea and Vietnam were abolished on June 17

Photo – Evgeniy Alekseenko: «Ukrainian steel trading market will grow by 6-10% in 2 years»
Evgeniy Alekseenko: «Ukrainian steel trading market will grow by 6-10% in 2 years»

Head of the largest Ukrainian steel trader Metinvest-SMC on the market and the company's work in the current environment

Photo – US prices for CRC exhausted growth potential by end of March
US prices for CRC exhausted growth potential by end of March

Local producers fear import surge if prices rise further

Photo – UK lifts safeguard measures on imports of cold-rolled steel products
UK lifts safeguard measures on imports of cold-rolled steel products

The review was initiated last year at the request of Tata Steel UK

Photo – Zaporizhstal partially resume work of cold rolling shop
Zaporizhstal partially resume work of cold rolling shop

To resume the production completely it is necessary to get assistant froom government with logistic resumption

Photo – Metinvest to build a cold-rolling shop with a 1.6 million ton annual capacity at Ilyich Steel
Metinvest to build a cold-rolling shop with a 1.6 million ton annual capacity at Ilyich Steel

The project’s total cost will exceed $1 billion. The Company signed a contract with Danieli, a leading producer of equipment

Photo – Ukraine filled its quota for exports of hollow sections to the EU
Ukraine filled its quota for exports of hollow sections to the EU

The country quota for exports of seamless pipes of stainless steel is 62% exhausted

Photo – Zaporizhstal started exporting rolled stock to China in 2020
Zaporizhstal started exporting rolled stock to China in 2020

Shipments of semi-finished products to the U.S. and China also showed growth

Photo – The UK will have its own steel import quotas from 1 January
The UK will have its own steel import quotas from 1 January

Quotas will be introduced for Ukraine’s cold-rolled sheets, hot-rolled plates and rebar

Photo – Ukraine’s exports of flat products dropped by 9.7% in January–October
Ukraine’s exports of flat products dropped by 9.7% in January–October

Exports of hot-rolled products dropped by 8.6% and cold-rolled products by 15.2% in 10 months