Industry News

South Korea successfully developed a new type of aluminum-silicon-magnesium coated steel plate As one of the methods to improve the corrosion resistance of steel, other metals are usually coated on the surface of the steel plate. Although the traditional galvanizing process can improve the corrosion resistance of steel plates, zinc

All major Ukrainian steel bases shut down On March 2, 2022, due to the escalation of the Russian-Ukrainian war, Metinvest, a major Ukrainian steel producer, has announced that operations at its Zaporizhstal and Zaporizhkoks steel plants in Zaporizhzhya will be temporarily suspended, Metinvest press officer Vitalii Yermak said, will ensure

EU initiates first anti-dumping sunset review investigation on Chinese plate Recently, the European Commission issued an announcement saying that, at the request of the European Iron and Steel Association, the first anti-dumping sunset review investigation was initiated on medium and heavy plates originating in China. The EU CN codes of

The electrolytic aluminum industry is expected to be included in the national carbon market by 2023 After power generation, cement, steel, and electrolytic aluminum industries are expected to be included in the national carbon market by 2023, according to an industry survey. The carbon price in the national carbon market

Canada continues to impose anti-dumping and countervailing duties on Chinese steel grating On February 2, 2022, the Canadian International Trade Tribunal (CITT) announced that it will continue to levy anti-dumping and countervailing duties on steel grating originating in or imported from China, and the rates will remain on April 18,

The Chinese Society for Metals held a scientific and technological achievement evaluation meeting on “development and application of low-energy-consumption smelting technology based on laterite nickel ore and resource-saving high-corrosion-resistant stainless steel products” On February 15, 2022, the Chinese Society for Metals organized a video conference organized by Fujian Qingtuo Special

Pakistan initiates the first anti-dumping sunset review investigation on China’s galvanized coils On February 8, 2022, the National Tariff Commission of Pakistan issued the latest announcement of Case No. 37/2015, in response to the application submitted by Pakistani domestic producers International Steels Limited and Aisha Steel Mills Limited on December

Scrap steel tax rebate of 30% is further standardized! Executed from March 1 In order to promote the sustainable and healthy development of the comprehensive utilization of resources industry, the Ministry of Finance and the State Administration of Taxation recently issued the “Announcement on Improving the Value-Added Tax Policy for