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Photo – HRC prices in the US rose for the first time since July
HRC prices in the US rose for the first time since July

The increase in prices was facilitated by the activation of demand after the announcement of a price increase by the Cleveland-Cliffs company

Photo – USA increased pipes import from Ukraine by 2.4 times y/y in January-July
USA increased pipes import from Ukraine by 2.4 times y/y in January-July

In July, Ukrainian producers shipped 5.2 thousand tons of pipes to the United States

Photo – USA imported 119.6 thousand tons of pig iron from Ukraine in July
USA imported 119.6 thousand tons of pig iron from Ukraine in July

In January-July, American steelmakers imported 748.4 thousand tons of pig iron from Ukraine

Photo – US reduced steel imports by 4% m/m in August
US reduced steel imports by 4% m/m in August

Imports of rolled products into the US increased by 1.4% m/m over the month

Photo – Players of the European HRC market are worried about the future influx of imports
Players of the European HRC market are worried about the future influx of imports

Quotas for the IV quarter are likely to be filled in early October, which will affect prices in the EU

Photo – Bharat and US agree on preferential treatment for steel exports
Bharat and US agree on preferential treatment for steel exports

Countries have closed pending disputes at the WTO

Photo – US steel producers forecast a drop in steel prices in September
US steel producers forecast a drop in steel prices in September

The mood of steelmakers and traders is influenced by the uncertainty of the market

Photo – USA determined the preliminary dumping margin for seamless pipes of Interpipe
USA determined the preliminary dumping margin for seamless pipes of Interpipe

The preliminary anti-dumping duty of 4.99% is effective from September 7, 2023

Photo – US to improve its Section 232 tariffs on steel and aluminum
US to improve its Section 232 tariffs on steel and aluminum

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

Photo – USA increased imports of pig iron from Ukraine by 2.1 times y/y in the first half of the year
USA increased imports of pig iron from Ukraine by 2.1 times y/y in the first half of the year

For 6 months, 628.84 thousand tons of Ukrainian pig iron were shipped to American consumers

Photo – US steelmakers expect long-term growth in demand for steel
US steelmakers expect long-term growth in demand for steel

Optimistic forecasts, in particular, are related to the sectors of the green transition

Photo – Esmark submitted an offer to acquire US Steel for $7.8 billion
Esmark submitted an offer to acquire US Steel for $7.8 billion

The initial period of validity of the offer will last until the end of November

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