Steel suppliers provide feedback to trade commissionMon, 22 Aug 2022 00:00:00 GMT
The American Metals Supply Chain Institute (AMSCI) is providing feedback to the US International Trade Commission regarding the impact of Section 232 on the domestic steel industry on behalf of suppliers, Kallanish reports. At a hearing before the commission last month, AMSCIs representative leaders for steel suppliers in the US argued that the stressful
The manufacturing community holds conflicted views on tariffsMon, 08 Aug 2022 07:00:00 GMT
As metal fabricators and other manufacturers debate the effectiveness of tariffs, the U.S. International Trade Commission announces its own investigation into the Section 232 steel and aluminum tariffs and the Section 301 tariffs on various Chinese
UK extends steel import safeguards, risking WTO frictionMon, 04 Jul 2022 00:00:00 GMT
UK government June 29 announced extension of the nations steel import safeguard controls for a further two years in the national interest, despite possibly breaching World Trade Organization rules. Safeguards using quotas and tariffs (TRQs) have been extended on imports of products from 15 categories from July 1 until June 30, 2024, after which
US to raise to 35% tariffs on certain steel, aluminum imports ...Tue, 28 Jun 2022 00:00:00 GMT
The US will raise tariffs to 35% on certain steel and aluminum products imported from Russia in a move that will affect 570 different groups of products across various sectors, according to a White House proclamation June 27. I have determined that increasing the column 2 rates of duty to 35% ad valorem o
UK Prime Minister indicates steel import safeguards will be extendedTue, 28 Jun 2022 00:00:00 GMT
As the market awaits the UKs formal approval of steel import safeguards by the end of June, UK Prime Minster Boris Johnson indicated in his speech at the G7 Summit in Germany that steel tariffs will likely be extended to protect the British steel industry. Johnson told the summit June 26 that the UK
UK steel suppliers eye regaining US market shareFri, 03 Jun 2022 00:00:00 GMT
UK steel and aluminium suppliers have resumed exporting tariff free up to a specified volumeto largest trading partner the US, effective 1 June, the UKs Department for International Trade says in a note published on Wednesday. This follows the trade deal agreed between the UK and US earlier this year to remove Section 232
Mining body calls iron ore export duty hike self-defeatingMon, 23 May 2022 00:00:00 GMT
On Saturday, the government announced that with effect from Sunday export tariffs on new iron ores and concentrates would be raised to 50% from 30%, and duties on pellets would be hiked to 45% from zero. The government also removed import tariffs for coking coal and coke.
WTO recommends EU align safeguards with GATTTue, 03 May 2022 00:00:00 GMT
The EU should bring its definitive safeguard measure into conformity with the Agreement on Safeguards and the General Agreement on Tariffs and Trade (GATT 1994), a WTO Dispute Settlement Body panel has recommended. In March 2020, Turkey requested consultations with the EU pursuant to Articles 1 and 4 of the Understanding on Rules and
US steel groups welcome TRQ deal with JapanTue, 08 Feb 2022 00:00:00 GMT
US steel industry organizations welcomed an agreement between the US and Japan Feb. 7 to replace the US 232 tariffs with a tariff-rate quota on imports of Japanese steel, set to take effect April 1. Under the terms of the deal, 1.25 million mt of Japanese steel across 54 product categories will be allowed
UK steelmakers urge swift US tariff agreementFri, 21 Jan 2022 00:00:00 GMT
The start of formal talks between the UK and US to address the USs 232 steel and aluminium tariffs is welcome news, given the US is the UKs second largest market. The talks must be concluded swiftly to erase the competitive disadvantage UK suppliers are suffering versus their EU counterparts, after the blocs ow
SMA urges caution as US seeks new steel tariff dealsFri, 21 Jan 2022 00:00:00 GMT
The Steel Manufacturers Association Jan. 20 urged the US government to exercise caution as it negotiates with other countries on arrangements to replace its 25% Section 232 steel tariff, adding that the best interests of the domestic steel industry must be considered. It is important that America maintains a strong Section 232 program fo
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