steel import - Latest news GMK Center

In January-August 2023, European consumers reduced steel imports by 19% y/y

Imports of rolled steel in the USA for the month fell by 15.1% m/m

In September, Chinese steel companies shipped 2.6% less steel abroad than in August

Market participants are concerned about the unpredictability of carbon costs

The country clarified which documents will be considered as proof of the country of origin

TCUD believes that the steel sector industry needs competitive energy prices

Four changes are proposed, feedback will be collected until mid-October

In the 2Q, HRC imports averaged 0.75 million tons per month, in the 1Q – 0.5 million tons per month

In this way, steel producers plan to prevent the increase in imports of dumped and low-quality products and to resume exports

The Ministry of Steel considers the condition of «melt and pour» as a countermeasure to transit exports

Chinese steel products are offered at deep discounts, which is a problem for local producers

In this way, consumers will be protected, despite the damage to steel producers.