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First half of the year imports of stainless ERW pipe turned out to surge due allegedly to much heightened inflow from Vietnam. According to the Korea Iron and Steel Association, first half imports of stainless ERW pipe were 10,608 tons which were $42.01 million worth, account ting for increases by 1
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China’s stainless exports dipped two digits down over the first half of the year, reporting 2,055,800 tons cut by 17.77 percent or 444,300 tons over year, China Stainless Steel Committee released lately. First half stainless imports dropped as well totaling 752,400 tons which pared 9.07 percent or 7
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Steel mill products imports continued falling into the US, down 22.9 percent over year totaling 10.23 million tons, American Iron and Steel Institute released July 28. Of which, finished steel product imports plunged 24.5 percent year on year to 7.4 million tons, resulting in a 5 percentage points s
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Korea’s stainless cold rolled sheet imports sank down 14.7 percent to a 6-year low totaling 137,244 tons over the first half of the year on the 6-month inflow basis on literally halt from Vietnam which produces are subject to antidumping duties in effect last July. The import price was updated to $1
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Europe stainless mills trimmed their surcharges for the 300 series grade over the August shipment, sending a signal to kick off the stainless price adjustment across much of the global market. For instance, EU’s first largest stainless mill, Outokumpu, cut its August surcharges by 118 euros to 2,228
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World crude steel production almost equated over the first half of the year that posted a year thanks to a surprise climb in June alone. According to World Steel Association, the first 6 months crude steel output was down 0.7 percent to 931.5 million tons, attenuating its slipping degree a year ago.
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This first half of the year sent a total of 237,335 tons stainless hot coil to overseas, sliding 7.8 percent over year. This reinstated a 2-year low since the first half of 2024 of 214,188 tons exports. In terms of export value, the subject product amounted to $413.13 million attenuated 3.8 percent
