Imports & Exports
The movement of iron and steel across international borders.
Latest News
Devalued Yuan Leads China Steel Producers To Cut Prices
14 August 2015 - With China having devalued its currency earlier this week, steelmakers there are already moving to reduce export prices, according to a Reuters report.
U.S. Producers Seeking Trade Measures Against Hot Rolled Steel Imports
12 August 2015 - Six U.S. steelmakers have filed petitions for trade action against imports of hot rolled flat products, the producers have announced.
Acquisition Talks For Tata Steel Long Products Business Unsuccessful, Company Confirms
06 August 2015 - Confirming earlier reports, Tata Steel executives said that negotiations on the sale of its European long products business have broken off.
China Exports to Latin America Continue To Increase
05 August 2015 - Finished steel imports from China to Latin America rose 10 percent between the first half of 2015 and the same period last year, according to Alacero, the Latin American Steel Association.
Iran Sees More Steel Production In Its Future
05 August 2015 - Iran is looking to double its steel production over the next 10 years, Mehdi Karbasian, deputy minister of Iran’s Ministry of Industries, Mines & Trade, told BloombergBusiness in an interview.
Klesch Group Ends Acquisition Talks For Tata Steel Long Products Business
04 August 2015 - A metals, chemical and oil company has withdrawn from discussions on buying Tata Steel's European long products business, according to a report in The Financial Times.
Report: China Steel Exports Reaching "Extraordinary" Levels
29 July 2015 - Steel exports from China have increased to extraordinary levels as demand in the world’s largest producer slows, according to a Bloomberg report. Meanwhile, the head of India’s third-biggest mill is decrying the impact of surging competition, it said.
AISI: Preliminary Steel Imports Decrease 10% in June; Import Market Share at 27%
28 July 2015 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,049,000 net tons (NT) of steel in June 2015, including 2,458,000 net tons (NT) of finished steel (down 10.3% and 10.7%, respectively, vs. May final data).
Mexico Imposes Tariffs on Steel From Spain, U.S. and India
17 July 2015 - As reported by Reuters, Mexico has imposed provisional import duties on carbon steel tubing with seams from the United States, Spain and India, as it investigates possible dumping.
AISI Releases June SIMA Imports Data; Import Market Share 27% in June
10 July 2015 - Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of June total 3,065,000 net tons (NT).
Alacero: Latin American Finished Steel Production Remains Stable, While Imports Grow 15% in Jan-Apr 2015
30 June 2015 - Alacero released their figures for the Latin American steel market for the first months of 2015 on 24 June.
AISI: Preliminary Steel Imports Decrease 4% in May
29 June 2015 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,374,000 net tons (NT) of steel in May 2015, including 2,744,000 net tons (NT) of finished steel (down 3.6% and 7.2%, respectively, vs. April final data).
AHMSA Threatens More Job Cuts Over Dumping
29 June 2015 - Altos Hornos de Mexico (AHMSA), one of Mexico's largest steelmakers, could cut a further 4,000 jobs if the government does not take radical measures to stop dumping in the industry, Reuters reports.
Update: Trade Adjustment Assistance Bill With Antidumping/Countervailing Measures Approved by U.S. Senate and House
25 June 2015 - Update: The U.S. House of Representatives approved the Trade Adjustment Assistance bill by a vote of 286-138.
U.S. Dept. of Commerce Announces Investigation into Antidumping and Countervailing Duties of Corrosion-Resistant Steel
25 June 2015 - On 24 June 2015, the United States Department of Commerce submitted announced that it will initiate antidumping duty and countervailing duty investigations of imports of corrosion-resistant steel products from China, India, Italy, Korea and Taiwain.
India Raises Duties on Some Steel Products to Counter Chinese Imports
24 June 2015 - As reported by Reuters, India has raised duties on certain steel products by up to 2.5 percentage points, as domestic producers struggle to cope with surging cheap imports from China and Russia, among others.
Mexico Places Duties on Cold-Rolled Steel From China
23 June 2015 - Mexico's government said on 19 June 2015 that it would impose import duties on cold-rolled steel sheet from China after an anti-dumping investigation, as reported by Reuters.
Global Steel Industry Calls On Governments to Take Action Against China’s New Steel Policy and Overcapacity
18 June 2015 - The American Iron and Steel Institute (AISI), the Steel Manufacturers Association (SMA), the Canadian Steel Producers Association (CSPA), Specialty Steel Industry of North America (SSINA), the Committee on Pipe and Tube Imports (CPTI), the Latin American Steel Association (Alacero), the Mexican Iron and Steel Industry Chamber (Canacero), the European Steel Association (Eurofer), the Turkish Steel Producers Association (TCUD) and the Brazil Steel Institute have issued a joint industry statement concerning China's new steel policies on 16 June 2015.
AISI Releases May SIMA Imports Data; Import Market Share 29 percent in May
08 June 2015 - Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of May total 3,432,000 net tons (NT)*.
Latin American Share of Chinese Exports Reaches More than 10% in Jan/Apr 2015
05 June 2015 - According to a report by Alacero, between January and April 2015 China exported 3.2 million tons of finished steel to Latin America, a growth of 29% from January/April 2014.