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Steel Plate Market Supply Pressure Increased

Steel plate market starts to show improvement, there are types of steel plate price appear rebound, for example, carbon steel plate, API steel plate and other types steel plate. Domestic steel PMI (Purchase Management Index) index rose by 2.3% to 49.0 % from January. It has risen for three consecutive months to the highest point […]

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Chinese Stainless Steel Output Grows 8%

SHANGHAI, Nov. 27 (SMM) – Output of stainless steel in China is expected to grow by around 8% in 2015, one senior analyst said at 2014 SMM China Metals Summit on Nov. 23-24 in Shanghai. “An 8% increase in stainless steel production seems reasonable due to slim profits and sensitivity to nickel prices in the […]

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China cancelled export tax rebate for the Boron-Added steel products

China cancelled export steel tax rebate for the Boron-Added products, the policy will affect 40% of the Chinese steel exports. From 1th, Jan, 2015, Chinese Ministry of Finance stated that China steel export tax rebate for the Boron-Added products have been cancelled. The boron-added steel products include flat and long steel products.(Hot rolled steel plate, […]

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U.S cancel the Anti-Dumping Duty for line pipes

U.S. Department of Commerce cancel the Anti-Dumping Duty & Anti-Subsidy duty U.S. Department of Commerce States, there is no evidence shows that domestic Manufacturers for the Line pipe damaged or threaten from the Line pipe imported from China, U.S. will cancel the Anti-Dumping Duty and Anti-Subsidy duty.

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