Panjiva Research

Fabricated Steel Case May Build Up USMCA Risks

March 20, 2019

The U.S. government will proceed with an investigation into alleged dumping of structural steel from China, Canada and Mexico. The case may prove controversial in the context of attempts to ratify the U.S.-Mexico-Canada Agreement given attempts by Canada and Mexico to remove the U.S. section 2... Read more →

USMCA Watch: Lighthizer’s Open Door to Steel Tariff Reform Could Unlock a Deal

March 12, 2019

U.S. Trade Representative Robert Lighthizer has indicated a deal could be agreed shortly to cut section 232 metals duties on exports from Mexico and Canada. The agreement would likely take the form of quotas rather than tariffs. In turn that could unlock the potential for ratification of the U... Read more →

Slow and Steady Wins The Race for Steel Tariff Relief

March 11, 2019

Nearly one year after the implementation of U.S. section 232 steel and aluminum tariffs there are still new applications for exemptions being made to the government. As at Mar. 5 112,802 filings had been made with 74.8% of cases still awaiting a decision. At the current rate of review it coul... Read more →

Dumping Complaints Increase, Government Won’t Spare The Rod

March 4, 2019

Petitions to the U.S. government to investigate anti-dumping cases picked up in February with three new cases filed – the most since last September. The increase in complaints may reflect increased trade policy uncertainty with regards to tariff exemption requests for both Chinese exports and ... Read more →

Posco and Ternium Trigger Mexican Steel Safeguarding Response

February 27, 2019

The Mexican government plans to apply 15% import duties to steel that has come from countries that it does not have a free trade agreement (FTA) with. Imports in 2018 from non-FTA countries were worth $7.47 billion, or 28.5% of total steel shipments. A 23.0% year over year growth in imports fr... Read more →

Steel Mission Accomplished, But Tariff Armistice Unlikely To Be Declared Yet

February 26, 2019

The U.S. steel industry reached an 81.9% plant utilization rate in the week to Feb. 23, breaching a threshold of 80% deemed necessary for long-term industry profitability by the U.S. section 232 tariff review. Yet it’s unlikely that shippers including ThyssenKrupp and Austria Metall will see a... Read more →

Tariff Quote Watch: Kubota Kicks Up Pricing as Steel Costs Plough Into Profits

February 26, 2019

Kubota will raise prices for its agricultural and construction equipment by 2% to 3% in the coming year as a response to higher steel prices that are linked to U.S. tariffs. That follows a similar price increase from Deere & Co. Kubota hasn’t slowed its use of imported steel though with i... Read more →

USMCA Watch: Canada May Not Get There With Steel and Aluminum Duties

February 25, 2019

The Canadian government has “a series of challenges” from U.S. steel and aluminum duties in deciding whether to pass the U.S.-Mexico-Canada Agreement (USMCA) through its parliament according to Transport Minister Marc Garneau, adding he “(doesn’t) know if we’re going to get t... Read more →

Cries for Clemency From Metals Duties Being Answered, Driving Imports Upward

February 20, 2019

The process of providing exclusions from U.S. section 232 duties on steel and aluminum imports may be undermining the purpose of the duties and is proving lucrative for importers making the requests. As at Feb. 19 over 110,000 filings had been lodged, with 89.9% relating to steel. While final ... Read more →

Vale and Ternium Deliver on EU’s Steel Safeguarding Fears

February 19, 2019

The Brazilian government is seeking damages payments from the European Union at the WTO due to EU safeguarding duties against steel imports. The EU’s duties were a response to concerns that the U.S. section 232 duties would lead exports to be diverted to Europe. That’s certainly been the case ... Read more →

Showing research about Metals - Steel