Trade Cases
Commerce Releases Enhanced Global Steel Trade Monitor
Written by Tim Triplett
September 21, 2019
The U.S. Department of Commerce has released an enhanced version of its popular interactive Global Steel Trade Monitor.
Improvements to the monitor now allow users to create graphs and charts to compare changes in trade patterns between two steel trading countries or two groups of steel products at one time. Having the ability to conduct such comparative analysis gives industry greater insight into how steel exporting countries and steel importing countries react to changes in global market conditions.
As with the original monitor, this enhanced version can generate more than 20,000 detailed charts for five standard aggregate steel mill product categories: flat, long, pipe and tube, semi-finished, and stainless products across the top 20 global steel importing and exporting countries. It also allows data views of these selected trade flows in both volume and value for users to conduct their own further analysis. The monitor is updated regularly and was designed to supplement the Commerce Department’s comprehensive Global Steel Monitor Country-Specific Reports.
The original interactive monitor was launched in September 2018. The site receives thousands of hits every month and in peak months nearly 30,000 hits. The enhanced version of the Global Steel Interactive Trade Monitor is now available. For additional information, e-mail ECGlobalSteelStats@trade.gov.
Tim Triplett
Read more from Tim TriplettLatest in Trade Cases
Price: Should billions in Section 232 revenue go to foreign manufacturers or to the American people?
Do we want the benefits of the Section 232 tariffs to flow to the bottom lines of foreign steel and aluminum producers or to the US government and, ultimately, domestic manufacturers and their workers? In our view, the answer is simple. Section 232 exceptions do nothing more than lead to underserved profits for foreign manufacturers who are harming the US industrial base. That revenue could be used to pursue the Trump administration’s other policy priorities - such as deficit reduction or expanded tax cuts.
Mills allege ‘critical circumstances’ in CORE trade case vs. South Africa, UAE
"Recent activity in the marketplace strongly indicates that these imports are being rushed into the United States in an effort to avoid the imposition of antidumping duties," petitioners said.
European Commission eyes retaliation vs. Trump steel tariffs: Report
The European Commission is looking into making current quotas on steel imports stricter as a countermeasure to President Trump’s recently announced tariffs on steel and aluminum imports to the US, according to an article in Reuters.
Trump could levy tariffs on auto imports in April: Report
President Donald Trump said last week that he could place tariffs on auto imports, according to an article in Politico.
Section 232 tariffs are headed downstream
The Trump administration has revealed the list of derivative steel products being added to the Section 232 tariff list.