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World Steel Trade News

Steel Import, Export, Duty, Tarrif & Quota News


Russia: Rusal borrows $1.7 billion
Fri, 26 May 2017 09:06:06 GMT
Rusal Holding has attracted the loan for pre-export financing for $1.7 billion. According to the company statement the conditions are 3 months LIBOR 3% interest, 5 years. The goal of the loan is to refinance the current debt. In Q1 Rusal net profits increased by 48% YoY, to $187 million. (Ukrainian metal)
http://metalukraine.com/2017/05/26/russia-rusal-borrows-1-7-billion.html


CCI approves Tatas' acquisition of Docomo stake in TTSL
Thu, 25 May 2017 00:00:00 GMT
Fair trade regulator CCI has approved Tatas' purchase of 21.63 per cent stake in group firm Tata Teleservices from Japan's NTT Docomo,
http://www.dnaindia.com/business/report-cci-approves-tatas-acquisition-of-docomo-stake-in-ttsl-2450787


Latin America: Figures of the first quarter reflect a recovery ...
Thu, 25 May 2017 00:00:00 GMT
Latin America in January-March 2017: 15.2 million tons reached the steel crude production 12.8 million tons was the finished steel production 16.6 million tons recorded the apparent steel consumption 14% increase the total imports of Latin American steel...
http://www.alacero.org/en/page/prensa/noticias/latin-america-figures-of-the-first-quarter-reflect-a-recovery-in-process


Iran's steel exports to rise following Rouhani's re-election
Wed, 24 May 2017 06:48:00 GMT
Esfahan Steel is being saved by its profitable exports and we hope ... Iranian mines and metals state holding Imidro, has said the Iranian metals and mining industry is in need of more about $40 billion in investment, with foreign financing required ...
https%3a%2f%2fwww.platts.com%2flatest-news%2fmetals%2fperth-australia%2firans-steel-exports-to-rise-following-rouhanis-26743282&c=16236916634777494133&mkt=en-gb


MCX Nickel under long liquidation; Support seen at 600
Tue, 23 May 2017 23:08:00 GMT
China's Tangshan city launched a campaign to improve air quality, saying steel mills that fail to meet emission standards face suspension and heavy fines. --Recovering ore exports from the Philippines were responsible for the bulk the April rebound.
http%3a%2f%2fwww.commodityonline.com%2ftech-outlook%2fmcx-nickel-under-long-liquidation-support-seen-at-600%2f14954&c=10026374515919016716&mkt=en-gb


GLOBAL MANGANESE WRAP: Manganese ore prices surge; alloys supported ...
Mon, 22 May 2017 07:25:00 GMT
Steel mill purchase prices are expected to be higher ... in the spot market as there are some production reductions in the southern production areas like Hunan and Guizhou due to the current environmental checks, the trader source added.
https://www.metalbulletin.com/Article/3719063/Ores-and-alloys/GLOBAL-MANGANESE-WRAP-Manganese-ore-prices-surge-alloys-supported-globally.html&c=11408779793808044386&mkt=en-gb


Chinas environmental clean-up to have big impact on industry
Mon, 22 May 2017 07:15:00 GMT
In the aluminium-producing, coal-consuming provinces around Beijing, Henan, Shanxi and Shandong ... These companies all supply markets that have been hit hard by Chinese steel dumping. The debate over whether faster-growing economies should prioritise ...
https://www.ft.com/content/e22dd988-3ed9-11e7-9d56-25f963e998b2&c=7888235797584611593&mkt=en-gb


EVRAZ NTMK Ships Rails to Guinea
Mon, 22 May 2017 00:00:00 GMT
EVRAZ NTMK produced a batch of P50 rails, type OT350 for UC RUSAL to be used at Compagnie des Bauxites de Kindia, a bauxites deposit in Guinea, the companys media office reports. The steel rails will be used for repairing a railway connecting the deposit with Conakry sea port shipping bauxites and delivering materials. Africa is one of EVRAZ target regions for steel rails export. The company also supplies steel rails to Egypt and Algeria.
http://www.metalinfo.ru/en/news/94514


Tata Group seeks CCI nod for buying out DoCoMo's stake in TTSL
Thu, 18 May 2017 00:00:00 GMT
The Tata Group companies have sought fair trade regulator CCI's approval to buy out Japanese telecom major NTT DoCoMo's stake in Tata
http://www.dnaindia.com/business/report-tata-group-seeks-cci-nod-for-buying-out-docomo-s-stake-in-ttsl-2442963


'Antidumping duty to improve profits of local steel producers'
Tue, 16 May 2017 00:00:00 GMT
Support measures like imposition of definitive anti-dumping duties on several flat-steel products and preferential procurement of local
http://www.dnaindia.com/money/report-antidumping-duty-to-improve-profits-of-local-steel-producers-2440162


JPC: Steel exports far outstripped imports in April
Mon, 15 May 2017 05:06:00 GMT
Meantime, the country recently announced its decision to impose retroactive antidumping duties on certain steel products originating in or exported from China, Japan, Russia, Korea, Brazil and Indonesia. The Ministry statement issued Friday states that ...
http://www.scrapmonster.com/news/jpc-steel-exports-far-outstripped-imports-in-april/1/65056&c=3771763419810730241&mkt=en-gb


India imposes anti-dumping duty on some steel products
Mon, 15 May 2017 00:00:00 GMT
Providing major relief to domestic players from below-cost imports, India has imposed anti-dumping duty on cold rolled steel products from
http://www.dnaindia.com/money/report-india-imposes-anti-dumping-duty-on-some-steel-products-2438996


Anti-dumping duties in line with NSP, say steel users
Sat, 13 May 2017 09:44:00 GMT
India imposed a retrospective anti-dumping duties on hot-rolled flat products of alloy or non-alloy steel, originating in or exported from China, Japan, Korea, Russia, Brazil and Indonesia, effective for five years from August 8, 2016, the Ministry of ...
http://www.india.com/news/agencies/anti-dumping-duties-in-line-with-nsp-say-steel-users-2129588/&c=15996665414888907862&mkt=en-gb


India's anti-dumping duty impose on steel products to benefit ...
Sat, 13 May 2017 06:14:00 GMT
KOLKATA: The government's decision imposing anti-dumping duties ranging from $478 to $489 per tonne on hot rolled alloy and non alloy coils and $561/mt on hot rolled steel plates from China, Japan, Russia, Indonesia, Brazil and South Korea will benefit ...
http://economictimes.indiatimes.com/industry/indl-goods/svs/steel/indias-anti-dumping-duty-impose-on-steel-products-to-benefit-domestic-mills/articleshow/58658791.cms&c=10133306122416122689&mkt=en-gb


Anti-dumping duty slapped on 47 steel products
Sat, 13 May 2017 01:44:00 GMT
The Finance Ministry on Friday imposed anti-dumping duties on some steel products from Brazil, Russia, China, Korea, Japan and Indonesia. An official statement said that the duty will be effective for five years from August 8 last year. Foreign firms ...
http://www.thehindubusinessline.com/economy/india-imposes-new-duties-on-steel-products-risks-trade-complaints/article9694744.ece&c=2495270469160472616&mkt=en-gb


Number of news reports: 15



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