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China has announced moves to shake up its ferrous scrap industry by gradually eliminating recyclers that don’t meet standards, according to China’s Ministry of Industry and Information Technology (MIIT).
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The Commerce Department’s International Trade Administration (ITA) is partially rescinding a number of countervailing duty administrative reviews of imports of aluminum extrusions from China from Sept. 7 to Dec. 31, 2011.
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China’s daily crude steel production extended its rebound in mid-October to reach 1.999 million tonnes, the highest level since late May.
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China’s imports of iron ore continued to rise in September, while those of coking coal and ferrous scrap declined, according to Chinese customs data.
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The World Trade Organization (WTO) established two panels on Tuesday to investigate complaints by the United States concerning Chinese duties on automobiles and by the European Union, which is disputing U.S. compliance on subsidies to the aircraft sector.
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China’s refined copper exports climbed sharply in September as market participants anticipated a tax cancellation and poor domestic demand encouraged overseas sales of toll-rolled copper.
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Chinese plate export prices dropped further this week amid fewer transactions and decreases in ex-works tags.
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Chinese cold-rolled coil exports rose in September, ending two months of consecutive declines, as buyers placed more orders when prices started to rebound during the month.
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China’s imports of cobalt ore and concentrate rose 14.4 percent month on month to 15,349 tonnes in September, according to the latest Chinese customs data.
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Chinese cold-rolled coil export prices rose further Tuesday on a firm domestic market and increases in ex-works prices.
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The World Trade Organization’s Appellate Body has sided largely with the United States in China’s appeal on anti-dumping and subsidy duties on grain-oriented electrical steels.
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Most Chinese ferrosilicon producers lifted their offer prices slightly this week after inquiries began to pick up.
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Banner stands and back wall kits imported and sold by Skyline Displays Inc. should be excluded from anti-dumping and countervailing duty orders on aluminum extrusions from China, the Commerce Department has determined.
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U.S. scrap supplies from the West Coast have tightened up ahead of winter, and prices are expected to climb as a result.
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Lead and zinc smelters in the Hechi region of China’s Guangxi province are gradually restarting production, according to the country’s official Xinhua news agency.
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The Commerce Department’s International Trade Administration (ITA) has extended the deadline to submit new information in an anti-dumping duty administrative review of aluminum extrusion imports from China.
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China’s daily crude steel output for the first 10 days of October rose 4 percent to 1.916 million tonnes from 1.843 million tonnes in the preceding 10 days, according to the China Iron and Steel Association (Cisa).
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The U.S. Court of International Trade (CIT) has dismissed an appeal by three Chinese aluminum producers who argued that the Commerce Department shouldn’t have applied adverse facts available when calculating an anti-dumping duty rate in 2011.
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China’s steel exports rebounded in September after two consecutive months of declines in July and August.
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Lower prices sent China’s iron ore imports to 65.01 million tonnes in September, the highest level so far this year and the second-highest in history, according to preliminary Chinese customs data released Oct. 13.
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China’s spot steel market weakened further Friday, with both long and flat products experiencing losses.
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China’s top aluminum fabricator, Shandong Nanshan Aluminum Co. Ltd., will issue 6 billion yuan ($959 million) in bonds to build a 200,000-tonne-per-year aluminum alloy products plant.
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The government of China’s Jiangxi province will purchase metal resources to help producers through the current economic slowdown.