Archive for May 8th, 2008
EU launches new dumping probe into China Steel
The European Commission launched a new anti-dumping probe into imports of steel from China on Thursday, broadening the scope of what could become a fresh trade dispute with the Asian export powerhouse.
The European Union executive said in the bloc’s Official Journal it was investigating imports of steel wire rod from China, as well as from [...]
Posted: May 8th, 2008 under Steel Comment, Steel Prices.
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Steel Prices Haven’t Peaked Yet, A view from the US
Spotted the following article over at Kiplinger.com, by Jim Oscroft
How much higher will steel prices go this year? Quite a bit. The largest steel users can expect to pay as much as $1200 a ton for hot-rolled steel and $1300 for cold-rolled by July, about twice the cost in January. Small companies should figure [...]
Posted: May 8th, 2008 under Steel International, Steel Prices, steel strip.
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Latest MEPS Carbon steel Prices forecast
All MEPS flat products forecasts have been revised upwards as a result of the staggering 200 percent price rise in coking coal contracts. Scrap figures also rocketed during April. Growing imports for most products will not be sufficient to relieve the tight supply situation in the market in the short term. Consequently, transaction values are [...]
Posted: May 8th, 2008 under Steel International, Steel Prices, steel strip.
Comments: none