Professional Documents
Culture Documents
SPR 20180221
SPR 20180221
Flat products
Frequency Platts symbol Unit Range Close/Midpoint % change
Hot-rolled coil export assessments
HRC FOB China SS400 Daily STHRZ02 $/mt NA–NA NA NA
HRC FOB China SAE1006 Premium Daily STHRY00 $/mt – NA NANA
HRC FOB Black Sea Daily STHRB00 $/mt 585.00–595.00 590.00 0.00
HRC Russia Black Sea exports FOB Monthly SB01151 $/mt 585.00–595.00 590.00 +2.61
HRC Turkey exports FOB Weekly SB01155 $/mt 635.00–645.00 640.00 +0.79
Hot-rolled coil import assessments
HRC CIF US Gulf Coast Daily STHRG00 $/st 630.00–640.00 635.00 0.00
HRC CIF Antwerp Daily STHRA00 €/mt 565.00–575.00 570.00 0.00
HRC imports CFR Southeast Asia Daily SB01142 $/mt 596.00–598.00 597.00 0.00
TSI HRC (SAE) Asean imports (CFR Asean port) Daily TS01041 $/mt – 607.00 0.00
HRC Europe imports CIF Southern Europe port Monthly SB01143 €/mt 550.00–560.00 555.00 +5.71
HRC Middle East imports CFR Persian Gulf port Monthly SB01146 $/mt 605.00–615.00 610.00 +2.52
HRC Turkey imports CFR Turkish port Monthly SB01156 $/mt 595.00–605.00 600.00 +2.56
HRC DDP West Midlands UK Weekly STHWM04 £/mt 515.00–525.00 520.00 0.00
Hot-rolled coil domestic assessments
Platts TSI HRC EXW Indiana Daily TS01018 $/st – 748.25 -0.10
Platts TSI North European HRC, EXW Ruhr Daily STHRE00 €/mt – 570.00 -0.35
Platts TSI North European HRC, EXW Ruhr MTD Avg Daily STHRF00 €/mt – 565.17 +0.06
Platts TSI South European HRC, EXW S.EU Daily SB01152 €/mt – 552.00 0.00
Platts TSI South European HRC, EXW S.EU MTD Avg Daily SB01264 €/mt – 550.57 +0.02
HRC Q235 5.5mm China domestic production Shanghai inc. 17% VAT Daily SB01260 Yuan/mt NA–NA NA NA
Platts TSI HRC Turkey domestic EXW Weekly SB01154 $/mt – 641.50 +1.42
HRC Mexico domestic production delivered Monthly SB01145 $/mt 844.70–846.85 845.78 +9.86
HRC Mexico domestic production delivered Monthly SB01503 pesos/mt 15750.00–15790.00 15770.00 +3.65
HRC India domestic delivered Mumbai Weekly TS01046 Rupee/mt – 43500.00 0.00
HRC Brazil domestic production EXW taxes excluded Weekly SB01138 Real/mt 2640.00–2680.00 2660.00 0.00
HRC CPT Moscow Weekly AAXJI00 Rb/mt 34650.00–35200.00 34925.00 0.00
HR Sheet CPT Moscow Weekly AAXJH00 Rb/mt 35250.00–35800.00 35525.00 0.00
Cold-rolled coil export assessments
CRC Russia Black Sea exports FOB Monthly SB01090 $/mt 630.00–635.00 632.50 +2.43
CRC China exports FOB Shanghai Weekly SB01083 $/mt 620.00–620.00 620.00 +0.65
CRC Brazil exports FOB Brazilian port Monthly SB01081 $/mt 630.00–640.00 635.00 +5.83
CRC FOB Black Sea Daily STRRB00 $/mt 630.00–635.00 632.50 0.00
Cold-rolled coil import assessments
CRC East Asia imports CFR Monthly SB01084 $/mt 620.00–625.00 622.50 -0.80
CRC Europe imports CIF Southern Europe port Monthly SB01085 €/mt 610.00–630.00 620.00 +4.20
CRC Turkey imports CFR Turkish port Monthly SB01093 $/mt 645.00–655.00 650.00 +2.36
CRC CIF US Gulf Coast Daily STRRG00 $/st 725.00–735.00 730.00 0.00
CRC CIF Antwerp Daily STRRA00 €/mt 640.00–650.00 645.00 0.00
© 2018 S&P Global Platts, a division of S&P Global. All rights reserved. 2
Steel Price Report February 21, 2018
Flat products
Frequency Platts symbol Unit Range Midpoint/Close % change
Plate assessments
Plate CIS export FOB Monthly SB01179 $/mt 580.00–590.00 585.00 0.00
Plate commercial grade China export FOB Shanghai Monthly SB01180 $/mt 562.00–563.00 562.50 0.00
Plate Europe imports CIF Southern Europe port Monthly SB01182 €/mt 550.00–560.00 555.00 +3.74
Plate CFR East Asia (Dangjin, South Korea port) Weekly TS01043 $/mt – 582.00 0.00
Plate CIF US Gulf Coast Daily STPGM00 $/mt 716.49–727.51 722.00 0.00
Plate CIF Antwerp Weekly STPRA00 €/mt 580.00–590.00 585.00 0.00
Plate China domestic production Shanghai inc. 17% VAT Monthly SB01178 Yuan/mt 4000.00–4050.00 4025.00 -4.73
Platts TSI South European Plate, EXW S.EU Wkly Weekly SB01185 €/mt – 582.00 0.00
Plate Turkey domestic production EXW Monthly SB01186 $/mt 660.00–670.00 665.00 +1.53
Plate A36 Brazil domestic production EXW taxes excluded Monthly SB01175 Real/mt 2360.00–2380.00 2370.00 +11.79
Plate CIF US Gulf Coast Daily STPRG00 $/st 650.00–660.00 655.00 0.00
Platts TSI Plate Delivered US Midwest Daily STPRI00 $/st – 839.00 0.00
Platts TSI North European Plate, EXW Ruhr Wkly Weekly STPRE00 €/mt – 601.00 -0.08
© 2018 S&P Global Platts, a division of S&P Global. All rights reserved. 3
Steel Price Report February 21, 2018
Long products
Frequency Platts symbol Unit Range Midpoint % change
Square bar prices
Square bar FOB China Daily STSBF00 $/mt NA–NA NA NA
Rebar export prices
Rebar FOB Turkey Daily STCBM00 $/mt 570.00–580.00 575.00 +0.88
Rebar FOB China Daily STCBZ02 $/mt NA–NA NA NA
Rebar import prices
Rebar CIF US Gulf Coast (Houston) Daily STCBG00 $/st 575.00–595.00 585.00 0.00
Rebar CFR Southeast Asia Daily SB01195 $/mt 555.00–556.00 555.50 0.00
Rebar Middle East imports CFR Gulf States port Monthly SB01201 $/mt 570.00–580.00 575.00 +0.88
Rebar domestic prices
Rebar EXW US Southeast Daily STCBC00 $/st 615.00–630.00 622.50 0.00
Platts TSI Rebar EXW Northwest Europe Weekly STCBE00 €/mt – 561.00 -0.09
Rebar HRB400 18-25mm China domestic production Beijing Trader inc. 17% VAT Daily SB01198 Yuan/mt NA–NA NA 0.00
Rebar Middle East domestic production EXW Monthly SB01200 $/mt 580.00–618.00 599.00 +0.67
Rebar North America domestic production Ex-mill US Midwest Weekly SB01202 $/st 630.00–640.00 635.00 +3.67
Rebar HRB400 18-25mm China domestic ex-works Jiangsu inc. 17% VAT Weekly SB01259 Yuan/mt 3900.00–3900.00 3900.00 0.00
Rebar CPT Moscow Weekly AAXJG00 Rb/mt 29400.00–29750.00 29575.00 0.00
Rebar Mexico domestic production delivered Monthly SB01199 $/mt 667.72–673.08 670.40 +28.32
Rebar Mexico domestic production delivered Monthly SB01603 pesos/mt 12450.00–12550.00 12500.00 +21.07
Wire rod export prices
Wire rod mesh quality Black Sea exports FOB Monthly SB01243 $/mt 570.00–575.00 572.50 +0.88
Wire rod mesh quality China exports FOB Shanghai Weekly SB01261 $/mt 560.00–560.00 560.00 0.00
Wire rod mesh quality Latin America exports FOB Latin America port Monthly SB01248 $/mt 550.00–570.00 560.00 -0.88
Wire rod mesh quality Turkey exports FOB Turkish port Monthly SB01251 $/mt 590.00–600.00 595.00 -1.65
Wire rod import prices
Wire rod mesh quality Europe imports CIF Southern Europe port Monthly SB01247 €/mt 540.00–550.00 545.00 -0.91
Wire rod domestic prices
Wire rod mesh quality North America domestic production Ex-mill US Midwest Weekly SB01249 $/st 635.00–655.00 645.00 0.00
Wire rod Q195 6.5mm China domestic production Shanghai inc. 17% VAT Weekly SB01262 Yuan/mt 4100.00–4100.00 4100.00 0.00
Wire rod mesh quality Europe domestic production delivered Monthly SB01246 €/mt 540.00–550.00 545.00 -0.91
TSI Boron-alloyed Wire Rod Price Change Index (Basis Oct 2010) North Europe domestic production delivered Monthly TSMBF03 €/mt – 118.00 +637.50
Merchant bar prices
Merchant bar North America domestic production Ex-mill US Midwest Monthly SB01168 $/st 626.00–656.00 641.00 +2.89
Merchant bar Europe domestic production delivered Monthly SB01166 €/mt 587.00–597.00 592.00 +0.34
Beam
H-beam CFR Southeast Asia Monthly SB01114 $/mt 660.00–680.00 670.00 +9.84
WF beams medium North America domestic production Ex-mill US Midwest Monthly SB01240 $/st 690.00–720.00 705.00 +6.82
Sections and other
Medium sections Europe imports CIF Southern Europe port Monthly SB01161 €/mt 600.00–610.00 605.00 +1.68
Medium sections Europe domestic production delivered Weekly SB01160 €/mt 615.00–625.00 620.00 0.00
Medium sections Turkey exports FOB Turkish port Monthly SB01162 $/mt 620.00–630.00 625.00 -0.79
Engineering steel HR round bars C45 50-150mm diameter Northern Europe domestic production delivered Monthly SB01102 €/mt 695.00–710.00 702.50 +1.44
© 2018 S&P Global Platts, a division of S&P Global. All rights reserved. 4
Steel Price Report February 21, 2018
Stainless
Frequency Platts symbol Unit Range Midpoint % change
CR import prices
CR304 2B 2mm East Asia imports CFR Weekly SB01063 $/mt 2290.00–2320.00 2305.00 0.00
CR304 2B 14 gauge transaction price inc. surcharge North America imports ex dock duty paid Gulf port Monthly SB01057 ¢/lb 100.00–107.00 103.50 0.00
CR316 2B 14 gauge transaction price inc. surcharge North America imports ex dock duty paid Gulf port Monthly SB01066 ¢/lb 134.00–143.00 138.50 0.00
CR430 2B 14 gauge transaction price inc. surcharge North America imports ex dock duty paid Gulf port Monthly SB01073 ¢/lb 76.00–82.00 79.00 0.00
CR domestic prices
CR304 2B 2mm coil base Northern Europe domestic production delivered Monthly SB01059 €/mt 1070.00–1120.00 1095.00 0.00
CR304 2B 2mm coil transaction price Northern Europe domestic production delivered Monthly SB01061 €/mt 2375.00–2425.00 2400.00 +1.27
CR304 2B 2mm coil base Southern Europe domestic production delivered Monthly SB01060 €/mt 1030.00–1080.00 1055.00 0.00
CR304 2B 2mm coil transaction price Southern Europe domestic production delivered Monthly SB01062 €/mt 2335.00–2385.00 2360.00 +1.29
CR304 2B 14 gauge transaction price inc. surcharge North America domestic production Ex-mill US Monthly SB01056 ¢/lb 120.00–126.00 123.00 +6.03
CR304 2B 2mm China domestic production Foshan inc. 17% VAT Monthly SB01058 Yuan/mt 15400.00–15800.00 15600.00 +0.16
CR316 2B 2mm coil base Northern Europe domestic production delivered Monthly SB01067 €/mt 1380.00–1420.00 1400.00 0.00
CR316 2B 2mm coil transaction price Northern Europe domestic production delivered Monthly SB01069 €/mt 3330.00–3370.00 3350.00 +3.88
CR316 2B 2mm coil base Southern Europe domestic production delivered Monthly SB01068 €/mt 1350.00–1390.00 1370.00 0.00
CR316 2B 2mm coil transaction price Southern Europe domestic production delivered Monthly SB01070 €/mt 3300.00–3340.00 3320.00 +3.91
CR316 2B 14 gauge transaction price inc. surcharge North America domestic production Ex-mill US Monthly SB01065 ¢/lb 166.00–173.00 169.50 +9.00
CR430 BA 2mm coil base Northern Europe domestic production delivered Monthly SB01075 €/mt 910.00–1010.00 960.00 0.00
CR430 BA 2mm coil transaction price Northern Europe domestic production delivered Monthly SB01077 €/mt 1545.00–1645.00 1595.00 -2.45
CR430 BA 2mm coil base Southern Europe domestic production delivered Monthly SB01076 €/mt 890.00–990.00 940.00 0.00
CR430 BA 2mm coil transaction price Southern Europe domestic production delivered Monthly SB01078 €/mt 1525.00–1625.00 1575.00 -2.48
CR430 2B 14 gauge transaction price inc. surcharge North America domestic production Ex-mill US Monthly SB01072 ¢/lb 87.00–93.00 90.00 +2.27
CR430 2B 2mm China domestic production Foshan inc. 17% VAT Monthly SB01074 €/mt 9650.00–9700.00 9675.00 -1.02
Other domestic stainless prices
HR 304 3mm China domestic production Foshan inc. 17% VAT Monthly SB01136 Yuan/mt 14000.00–14300.00 14150.00 +3.28
430F drawn Bar 8-25mm diameter base Europe domestic production delivered Monthly SB01005 €/mt 130.00–140.00 135.00 0.00
304L bright bar 25-80mm diameter transaction price Europe domestic production delivered Monthly SB01003 €/mt 2550.00–2650.00 2600.00 +1.56
304L bright bar 25-80mm diameter base Europe domestic production delivered Monthly SB01002 €/mt 90.00–100.00 95.00 0.00
430F drawn Bar 8-25mm diameter transaction price Europe domestic production delivered Monthly SB01006 €/mt 2100.00–2200.00 2150.00 -1.83
Alloy surcharge domestic prices
Alloy surcharge 304 coil North America domestic production Ex-mill US Monthly SB01009 ¢/lb 60.66–63.32 61.99 +9.60
Alloy surcharge 316 coil North America domestic production Ex-mill US Monthly SB01012 ¢/lb 86.43–88.45 87.44 +14.98
Alloy surcharge 430 coil North America domestic production Ex-mill US Monthly SB01016 ¢/lb 24.72–24.72 24.72 -2.89
Alloy surcharge 304 coil Europe domestic production Monthly SB01008 €/mt 1295.00–1314.00 1304.50 +2.68
Alloy surcharge 316 coil Europe domestic production Monthly SB01011 €/mt 1923.00–1963.00 1943.00 +6.99
Alloy surcharge 430 coil Europe domestic production Monthly SB01015 €/mt 626.00–640.00 633.00 -6.43
Alloy surcharge 304L bright bar Europe domestic production Monthly SB01010 €/mt 1587.00–1756.00 1671.50 +2.08
Alloy surcharge 316L bright bar Europe domestic production Monthly SB01013 €/mt 2361.00–2426.00 2393.50 +7.60
Alloy surcharge 420 bright bar Europe domestic production Monthly SB01014 €/mt 616.00–690.00 653.00 -6.04
Alloy surcharge 430F bright bar Europe domestic production Monthly SB01017 €/mt 774.00–845.00 809.50 -5.27
© 2018 S&P Global Platts, a division of S&P Global. All rights reserved. 5
Steel Price Report February 21, 2018
Semi-finished
Frequency Platts symbol Unit Range Midpoint % change
Billet China domestic production Tangshan inc. 17% VAT Daily SB01032 Yuan/mt 3610.00–3610.00 3610.00 0.00
Billet Turkey exports FOB Monthly SB01039 $/mt 530.00–535.00 532.50 -2.74
Billet CFR Southeast Asia Weekly SB01035 $/mt 541.00–543.00 542.00 +0.65
Billet Latin America exports FOB Latin America port Monthly SB01037 $/mt 485.00–495.00 490.00 -3.45
Billet Turkey imports CFR Turkish port Monthly SB01040 $/mt 515.00–525.00 520.00 -2.80
Billet FOB Black Sea Daily STBLB00 $/mt – 515.00 0.00
Slab Black Sea exports FOB Weekly SB01233 $/mt 525.00–535.00 530.00 +0.95
Slab CFR Southeast Asia Monthly SB01235 $/mt 510.00–520.00 515.00 +1.98
Slab Brazil exports FOB Brazilian ports Weekly SB01236 $/mt 532.00–540.00 536.00 +0.66
© 2018 S&P Global Platts, a division of S&P Global. All rights reserved. 6
Steel Price Report February 21, 2018
Steel mill economics: global spreads, February 21, 2018 Assessment Rationale
Frequency Platts symbol Unit Spread Change % change
...from page 1
HRC ASEAN spread (TSI) Daily AOPFE00 $/mt 348.66 0.00 0.00
HRC China export spread (Platts) Daily AOPKE00 $/mt NA NANA NANA in Europe. A buyer in Eastern Europe reported offers at $590/mt
Rebar China export spread (Platts) Daily AOPLE00 $/mt NA NANA NANA FOB with the possibility to negotiate a discount of $5-$8/mt, to
China HRC domestic steel mill margin (MVS) Daily AMVSA00 $/mt NA NANA NANA $582-$585/mt FOB. This remained too high for buyers. No data
China rebar domestic steel mill margin (MVS) Daily AMVSB00 $/mt NA NANA NANA was excluded from the assessment.
Rebar scrap Turkey spread (Platts: TSI) Daily AOPGE00 $/mt 216.50 +2.00 +0.93 The above rationale applies to Platts’ daily Turkish rebar
Rebar Black Sea billet spread (Platts) Daily AOPHE00 $/mt 60.00 +5.00 +9.09 assessment, with the associated market data code: STCBM00
HRC scrap US spread (TSI) Weekly AOPIE00 $/st 444.41 +16.55 +3.87
Rebar scrap US spread (Platts: TSI) Weekly AOPJE00 $/st 309.26 +6.00 +1.98
For spreads calculation and assessment methodology, please go to: http://platts.com/IM.Platts.Content/MethodologyReferences/MethodologySpecs/steel.pdf
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© 2018 S&P Global Platts, a division of S&P Global. All rights reserved. 7
Steel Price Report February 21, 2018
Platts Turkey ARC tracker PLATTS TURKEY ARC STEEL TRACKER BASED ON 30-DAY AVERAGES
Indexes against 30-day and 60-day moving averages (%) Billet 30 Rebar 30 Scrap 30 Market Direction
10
21-Feb 20-Feb
vs 30-day vs 60-day vs 30-day vs 60-day
Scrap FETKF10 -0.74% FETKG10 -1.38% FETKF10 -0.84% FETKG10 -1.34%
FETKF00 -$2.67 FETKG00 -$4.96 FETKF00 -$2.97 FETKG00 -$4.75 5
Market direction FETKE20 1.72% FETKE00 +$8.00 FETKE20 -0.14% FETKE00 -$1.00
-5
Composite Index 17-Oct 01-Nov 16-Nov 01-Dec 18-Dec 05-Jan 22-Jan 06-Feb 21-Feb
(July, 6, 2012 =100) FETKL00 93.76 FETKL00 93.25 Platts Turkey ARC is a relative strength indicator for Platts Turkey Rebar FOB, Platts Black Sea Billet CFR Turkey basis
and Benchmark TSI Scrap CFR prices*. The daily index for each commodity shows the degree the price is over or below
the average of price relationships with the others for the past 30 or 60 days, with 0 as equilibrium. Indices provide trading
price signals for the commodity or for the wider complex, and potential changes in demand and supply for the steel
industry. Historic 30-day and 60-day basis data through 2012 is available.
Source: S&P Global Platts *effective March 1, 2016
Steel Price Report is published daily by Platts, a division of S&P not limited to, any warranties of merchantability or fitness for a
Global. Registered office Two Penn Plaza, 25th Floor, New York, particular purpose or use as to the Data, or the results obtained
NY 10121-2298 by its use or as to the performance thereof. Data in this
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Officers of the Corporation: Charles E. Haldeman, Jr., Non- from actual market participants. Any user of the Data should not
Executive Chairman; Doug Peterson, President and Chief rely on any information and/or assessment contained therein in
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© 2018 S&P Global Platts, a division of S&P Global. All rights reserved. 8
Steel Price Report February 21, 2018
P L AT T S
5CORE 1 4 METHODOLOGY DRAFTED
WITH MARKET FEEDBACK WANT TO KNOW
We work with the market MORE ABOUT
M E TA L S
continually to ensure that
IMPARTIAL AND INDEPENDENT
Platts has no vested interest
what we publish reflects PLATTS PRICE
in whether an assessment is
the market.
DISCOVERY
METHODOLOGY priced high or low.
PROCESS?
EXPLAINED PRINCIPLES
2 PRICE SEEN AS A
FUNCTION OF TIME
Having a price time-stamped enables us to compare
related metal products on an equal footing.
3 REPEATABILITY
Our assessments
5 PROCESSES ARE OPEN
AND TRANSPARENT
We publish bids and offers
FIND OUT HOW
PLATTS METHODOLOGY
WORKS IN MORE DETAIL
can’t be based on in real-time to gather market
a one-off trade. reaction. This helps determine
We have to be confident prices the value of that commodity
reflect market values. and ensures transparency
around our assessments. www.platts.com/methodology-specifications/metals
© 2018 S&P Global Platts, a division of S&P Global. All rights reserved. 9
Steel Price Report February 21, 2018
© 2018 S&P Global Platts, a division of S&P Global. All rights reserved. 10
Steel Price Report February 21, 2018
© 2018 S&P Global Platts, a division of S&P Global. All rights reserved. 11
Steel Price Report February 21, 2018
South America
Argentina AD Welded and seamless pipes China Investigation launched in December 2016
Colombia AD Wire rod China Provisional duties extended for two months in February
Colombia AD Casing and tubing pipes China Duties extended for three years , as of June 20. 15% AD corresponding to the difference between the base price
of $2,388.23/mt FOB and the FOB price value declared by the importer
Colombia AD Steel cable China Provisional antidumping duty of 15%
Chile AD Wire rod All countries (China major importer) except Canada, Mexico, CNDP extended provisional antidumping duties of 18.1% to 40.6%
Peru and developing countries that account
for no more than 3% of Chile’s rod imports
Chile AD Rebar Mexico Definitive duty of 9.8%
Chile AD Steel bars for grinding China Definitive duty of 8.2%-22.9%
balls production
Peru AD Tubes China Duties imposed for three years from April 2015
Peru AD Rebar Brazil, Mexico Investigation launched
Brazil AD Heavy plate China Duties of $211.56/mt extended to chrome-added and titanium-added heavy plate.
Brazil AD HR bars China Investigation launched in January 2017
Brazil AD Rebar Turkey Case started in January 2016, no timeframe disclosed
Brazil AD Seamless pipes China Camex studying an extension of the $743/mt duty
Brazil AD Steel wire, alloyed steel flat bar China The Ministry of Industry has set duties of $199.19/mt-$505.56/mt for imports of high-carbon steel wire and a duty
of $495.73/mt on Chinese imports of alloyed steel flat bar
Brazil AD Austenitic stainless steel tubes Malaysia, Thailand, Vietnam Investigation launched in May 2017
Brazil AD Seamless pipes China, Romania Duties extended for five years, until August 2022. China subject to $743/mt duty
and Romania subject to an ad valorem tariff of 14.3% over the CIF price
© 2018 S&P Global Platts, a division of S&P Global. All rights reserved. 12
Steel Price Report February 21, 2018
CIS
Eurasian Economic Commission AD Graphite electrodes India Investigation launched
Ukraine AD Wire rod & rebar Russia Final duty of 51.21%, effective February 28 2018
Asia
Taiwan AD Hot-dip galvanized coil/sheet China, South Korea Final duties in the range of 4.22%-77.3%, with producers from South Korea hit with the heaviest penalty of 77.3%.
Taiwan AD Heavy plate Brazil, China, India, Indonesia, South Korea, Ukraine Final duties of 30.29-59.73% for China, Brazil 31.1%, India 25.85%, Indonesia 46.84%, South Korea 8.66-80.5%
and Ukraine 26.57%
South Korea AD Stainless steel plate Japan The Korea Trade Commission has requested the Ministry of Trade extend 13.17% duty for three years
South Korea AD Galvanized steel wire China Temporary duties of 4.43-15.71%
Thailand AD HRC Brazil, Iran, Turkey Final duties of 34.4% for Brazil, Iran 7.25-38.27% and Turkey 6.88-38.23%, effective for five years from May 16 2017
Thailand AD HDG coil/sheet China, South Korea, Taiwan Investigation launched in September 2016
Thailand AD Pickled and oiled HRC South Korea Investigation announced on February 4. Sahaviriya Steel Industries alleges a dumping margin of 22.11%
Thailand AD Al-Zn alloy coated sheet Vietnam Final duties of 6.20-40.49% levied
Thailand AD Painted HDG, Vietnam Final duties of 4.3-60.26% levied
Painted Al-Zn alloy steel
Thailand AD Mild HRC, pickled coil & HR plate China, Malaysia Duties of 30.91% for China and 23.57-42.51% for Malaysia extended for another five years, effective June 23 2017
Thailand AD Welded pipe China, South Korea Final duties of 3.22-66.01% for China and 3.49-53.88% for South Korea, effective for five years from July 19 2017
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Steel Price Report February 21, 2018
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Steel Price Report February 21, 2018
Australia
Australia AD, CVD Rebar China Preliminary dumping duties of 5-24% imposed ahead of final ruling in March, CVD probe to start
Australia AD Wire rod China Final AD duty on Hunan Valin Xiangtan Iron & Steel of 44.1%, Shagang rod 37.4%, and all other Chinese exporters 53.1%
Australia AD Rebar Singapore, South Korea, Spain, Taiwan Dumping duties of up to 14.3% imposed on the four countries in November
Australia AD Rebar Spain Review opened for the 3-8.2% dumping measures applied in 2015
Australia AD Rebar Greece, Indonesia, Spain (Nervacero SA), Preliminary duties of 42.1% for Greece, 0.0-12.2% for Indonesia, 7.5% for Spain’s Nervacero S.A, 4.4%
Taiwan (Power Steel) and Thailand for Taiwan’s Power Steel, and 9.6%-12.2% for Thailand
Australia AD Chrome-plated bar Italy, Romania Romania receives definitive AD duties of 22.4-66.9%
Australia AD Hollow structural sections India, Thailand, UAE Duties of 5.7-29.7% for Thailand. Probe into India and UAE cancelled
Australia AD Wire rod Indonesia, Taiwan Duties of 10.1% on Indonesian exporters and 2.7% on Taiwanese exporters imposed in June 2015
Australia AD Quenched & tempered plate Finland, Japan, Sweden Duties imposed in November 2014
Australia AD ERW pipes China, Malaysia, South Korea, Taiwan Dumping duties imposed in 2012 continued (China also subject to CVD duties)
Australia AD HDG China, Taiwan Australian AD Commission initiated two reviews of duties in September
Australia AD HDG sheet/coil India, Malaysia, Vietnam Duties of 7.6-12% for India; 14.5-16.5% for Malaysia; 8.4-14.2% for Vietnamese exporters, except Hoa Sen Group
and Nam Kim Steel JSC
Australia CVD HDG sheet/coil India CVD of 5% for JSW and 3.6% for Essar. Other exporters subject to a subsidy margin of 5.9%.
Australia AD Alloy steel bar China Investigation launched in January 2017
Australia AD Steel wire rope South Africa Investigation launched in May 2017
Source: Compiled by Platts, updated weekly Please note: All Platts and TSI CIF and CFR prices (US, Europe, Southern Europe, Persian Gulf and Turkey) represent freely traded values. This means they do not reflect any restrictions or duties as a result of trade
cases. For detailed specifics, The Platts Weekly Trade Case Status report can be found on pages 11-15 of this issue.
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Steel Price Report February 21, 2018
SUBSCRIBER NOTEs
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