Steel

Steel production is up to a five year high globally, according to some recently released statistics. In line with the uptrend in steelmaking, capacity utilization in June increased to 78.5%, the highest level since April 2013 when it was at 80%. The June level was 3.8 percentage points higher than June 2017. Compared to May […]

Large Diameter steel pipes are being dumped and used to manipulate prices, according to the US Department of Commerce. In preliminary ruling Monday, Commerce officials said they are tentatively setting anti-dumping duties of between 3.5% and 132.6% on pipe from Canada, China, Greece, India, Korea and Turkey.   “The strict enforcement of U.S. trade law […]