Exports boost Hoa Phat’s July sales

Leading Vietnamese steel producer Hoa Phat Group’s sales remained stable year-on-year in July due to weak demand. However, a jump in construction steel demand supported higher sales in the first seven months of the year, Kallanish notes. Hoa Phat’s sales of billet, construction steel, and hot rolled coil in July reached 526,000 tonnes, level on-year.…

Canada continues to levy anti-dumping and countervailing duties on large-diameter carbon alloy steel pipes welded to China

On August 3, 2022, the Canadian International Trade Tribunal (CITT) issued an announcement to issue an anti-dumping sunset review of Welded Large Diameter Carbon and Alloy Steel Line Pipe originating in or imported from China and Japan. Injury final ruling, a sunset review of anti-subsidy for China’s products involved in the case of industrial injury…

U.S. steel imports up in June

According to data from the US Department of Commerce, the US imported about 2.55 million tons of steel in June this year, an increase of 2.2% month-on-month and a year-on-year decrease of 2.7%. In addition, US steel imports reached about 4 billion US dollars, an increase of 6% month-on-month and a year-on-year increase of 41.5%.…