European steelmakers have called for the European Commission (EC) to review its decision to liberalize its import safeguard measures by increasing quota volumes by 5% each year, Fastmarkets has learned.

Metal Bulletin is proposing to change the assessment days for its Chinese steel export prices, its Chinese domestic stainless flat steel prices, and its East Asian stainless flat steel prices.

Turkish steel exports to the United States will not be seriously affected by trade sanctions under Section 232 as long as the 25% tariff is applied equally to all countries, the Turkish Steel Exporters Assn (ÇIB) said on Friday March 2.

Chinese steelmakers are rushing to export their products due to stagnant domestic demand caused by downstream industries struggling to return to work amid the novel coronavirus (2019-nCoV) outbreak in China.

Steel imports into the USA in October fell to the lowest level in six months on the back of major declines in semi-finished material and plate products.

Three-month base metals prices on the London Metal Exchange were for the most part little changed this morning, Monday March 18, the exception being copper, whose price was up by 0.7% at $6,474 per tonne, compared with $6,431.50 per tonne at Friday’s close.

Good morning from Metal Bulletin’s offices in Asia, bringing the latest news and pricing stories on Wednesday December 20.

Steel imports into the USA in October fell to the lowest level in six months, on the back of major declines in semi-finished material and plate products.

Steel billet prices in most markets were stable or went down in the week from Monday April 16 to Friday April 20 on reduced trading activity worldwide, with the exception of China, where prices strengthened slightly amid good demand.

The price of billet in northern China’s Tangshan city has fallen below 1,800 yuan ($294) per tonne for the first time, sending it to its lowest level since at least a decade.