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EU Enforces Definitive AD Duties on HRC Import from Turkey The European Commission announced that the definitive antidumping duty on hot rolled coil imports from Turkey is effective as of July 5 2021. The European 08 Jul, 2021 , 4:06 am The European Commission announced that the definitive antidumping duty on hot rolled coil imports from Turkey is effective as of July 5 2021. The European Commission has introduced anti-dumping duties ranging 4.8-7.6% of import value, on hot rolled flat products of iron, non-alloy or other alloy steel originating from Turkey. Habas Sinai Ve Tibbi Gazlar Istihsal Endustrisi AS – 4.7% Erdemir Group (Eregli Demir and Isdemir) – 5.0% Agir Haddecilik AS - 5.7% ....
EU steel safeguards extended for three more years agmetalminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agmetalminer.com Daily Mail and Mail on Sunday newspapers.
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Steel likely to stabilize after short-term rebound: Eurofer’s Sciamarelli Historically high steel prices showed the market was undergoing a “very strong, impressive short-term rebound” after a demand plunge in 2020 due to COVID-19, but it was too early to call this a supercycle, Alessandro Sciamarelli, director of market analysis and economic studies at the European Steel Association (Eurofer), told S&P Global Platts commodity journalists in a May 25 interview. Industrial activity and steel production have rebounded more strongly than previously expected since Q3 2020, paving the way for a strong demand recovery in 2021, Sciamarelli said. The upwards movement in steel and raw materials prices, part of a bigger global trend driven primarily by the US and China, was likely to stabilize once the imbalance between supply and demand slowly fades away, because such high prices are unsustainable in the longer term, he said. ....