Steel Mills

CBSA Initiates Antidumping Case on Plate after Algoma Complaint
Written by Sandy Williams
May 28, 2020
Algoma Steel welcomed a decision by the Canada Border Services Agency (CBSA) to initiate an antidumping investigation regarding hot-rolled heavy steel plate exported from Chinese Taipei, Germany, South Korea, Malaysia and Turkey.
Algoma submitted a complaint to CBSA on April 6, 2020, alleging that the goods indicated were illegally dumped, causing injury to Canadian producers and workers.
Algoma Steel CEO Michael McQuade commented on today’s development, “Algoma Steel has been successfully serving the Canadian market for over 100 years. On a level playing field, Algoma will compete with any producer in the world. However, where exporters choose to dump steel into Canada, we will not hesitate to respond. Maintaining a strong Canadian trade defense system is especially critical in today’s volatile trading environment.”
A preliminary decision by the CBSA and Canadian International Trade Tribunal will be issued by Aug. 24, 2020. If an affirmative decision is made on dumping, duties will be imposed as of Aug. 25, 2020, and possibly retroactively to May 27.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Hybar expansion still on the table as Arkansas mill startup nears
As Hybar nears the completion of its $700-million rebar mill in Arkansas, the company said it is still “actively considering” building other steel facilities in the southern US.

Global steel production edges lower in February
February’s global raw steel output is tied with last December's for the fourth-lowest monthly production rate recorded over the past two years.

Fate of U.S. Steel hangs in the balance
The future of U.S. Steel remains unclear, but the proxy fight for control of the company is heating up. Shareholders will cast their votes on the company's future at the annual meeting in May.

Cliffs to idle Dearborn blast furnace, restart Cleveland furnace by July
Cleveland-Cliffs has decided to idle the steelmaking operations at its Dearborn Works in Michigan due to weak automotive demand.

AISI: Raw steel production slipped last week
Raw steel mill output declined last week for the second-consecutive week, according to the American Iron and Steel Institute (AISI).