Steel Products Prices North America
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Structural Tube Trade Case Filed
Written by Sandy Williams
July 23, 2015
A unfair trade case was filed by US pipe and tube producers on Tuesday against makers and exporters of heavy-walled rectangular steel pipes and tubes from South Korea, Mexico and Turkey.
The product in question is commonly called “structural tubing” and is used in construction, transportation and farm applications.
The alleged dumping margins filed by the petitioners are:
South Korea 79.8%
Mexico 23.4%
Turkey 96.1 – 108.2%
A subsidy investigation was also requested regarding the Turkish imports.
According to the petition, imports of structural tubing between 2012 and 2014 have grown 48 percent from South Korea to 83,326 tons, 22.9 percent from Mexico to 72,345 tons and 83.2 percent from Turkey to 62,035 tons.
The petitioners are Atlas Tube, a division of JMC Steel Group; Bull Moose Tube; Hannibal Industries; Independence Tube; Maruichi American; Searing Industries; Southland Tube, and Vest Inc. EXLTUBE, another petitioner, excluded Mexico. They are represented by Schagrin Associates.
If the US Department of Commerce moves forward on the investigation, a preliminary decision on countervailing will occur on or around October 19 and on antidumping on December 28, 2015.
The next step would be a preliminary determination by the ITC on September 4 on whether there is reasonable indication that the domestic industry was materially injured by the imports from the three countries.
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Sandy Williams
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Evraz raises plate prices $160/ton
Evraz North America (NA) has followed Nucor and SSAB with a plate price increase of its own: up $160 per short ton (st). The increase was effective immediately for all new orders of carbon, high-strength low-alloy, and normalized and quenched-and-tempered plate products, as well as for hot-rolled coil, the steelmaker said in a letter to […]
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Nucor lifts HR coil to $820/ton
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil for a fourth consecutive week.
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Nucor pushes HR spot price to $790/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $790 per short ton (st) on Monday, Feb. 10 – a $15/st bump vs. last week. The Charlotte, N.C.-based company has raised its weekly CSP by $40/st over the past three weeks after maintaining tags at $750/st since Nov. 12, according to SMU’s […]
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ArcelorMittal Dofasco increases spot sheet prices
ArcelorMittal Dofasco is raising spot sheet prices by CA$100 per ton (US$70/ton). The Hamilton, Ontario-based flat rolled steelmaker told customers the increase is effective immediately for all new orders. It did not specify to what level this brings its base prices but noted its right to re-quote previous but unconfirmed orders. “We will continue to […]
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Nucor raises HR spot price to $775/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $775 per short ton (st) on Monday, Feb. 3. The $15/st week-on-week (w/w) rise marks the first back-to-back increases in the steelmaker’s weekly CSP since last August, according to SMU’s mill price announcement calendar. Nucor’s joint-venture subsidiary California Steel Industries (CSI) is also up […]