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United States makes preliminary of antidumping administrative review to China carbon steel plate

 

      In July 24, 2013, the U.S. Department of Commerce issued a notice originating in China’s length carbon steel plate anti-dumping administrative review of the initial ruling. It ruled that Hunan Valin Xiangtan Iron & Steel Co., Ltd. did not reviewed its transaction during the investigation, while Shanghai Pudong Iron and Steel Co., Ltd., Baosteel Group (including Baoshan Iron & Steel Co., Ltd., Shanghai Baosteel International trade Co., Ltd., Baosteel Metal trading Co., Ltd.) did not meet the eligibility criteria for separate rates, so they apply to the Chinese general tax rates.

In December 3, 1996, the U.S. Department of Commerce conducted anti-dumping investigations on the original production length carbon steel plate in China and the customs codes for case-related products are 72084030.30,72084030.60,72085100.30,72085100.45,72085100.60,72085200.00,72085300.00,72089000.00,72107030.00,72109090.00, 72111300.00,72111400.30,72111400.45,72119000.00,72124010.00,72124050.00 and 72,125,000.00. In November 20, 1997, the U.S. Department of Commerce anti-dumping case to make the ultimate decision, ruled that Chinese case-related enterprises in the dumping margin reach for 17.33%  to 128.59%. In December 24, 2012, U.S. Department of Commerce conducted the seventh administrative review of anti-dumping on the case.   

U.S. frequently conducted anti-dumping investigations againstChina, which is a blow toChina’s steel export market. This not only requires Chinese steel companies to take effective measures to deal with, but also requires that the Chinese government needs put the appropriate policy responses.

U.S. steel mills sheet for the third round of price increases

Severstal North America, Inc. announced at first a few days ago, to rise the sheet prices to $ 20 per short ton. The hot rolled and cold- coil¡¯s factory prices was $ 675 per short ton and $ 775 per short ton after the company¡¯s Price increases respectively.

Due to the recent large increases in steel prices, Buyers resist price increases very much. But considering about the mills¡¯ price will increase again and the next few days other mills will also follow up the third round of price increases. AK Steel said that theU.S.service center inventories have declined for 5 weeks and then the current situation is better in steel orders, which delivery time was lengthened. In addition, the international market steel prices rebound that led to the import pricing and local spread has narrowed in these under favorable conditions, so theU.S.market may be able to further digest the increase of 20-30 U.S. dollars per short ton price . From the current situation, the third round of sheet price increases has been imperative, and it will bring a new round fluctuation of steel prices .

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