NICKEL NEWS Nickel Trend: The three-month futures price of nickel on the London Metal Exchange (LME) slided greatly by US$410/ton on March 23, closing at US$16,045/ton, and rebounded US$240/ton on March 26, the spot price also surged by US$275/ton to US$16,445/ton. Finally, the nickel price increased 160USD in this week, closing at US$16,410/ton. Reason: According…
Concerns about having to close the machine due to the lack of raw materials for production of many stainless steel enterprises have come to an end. On August 10, the Ministry of Science and Technology officially issued a Circular ceasing to be effective of Circular No. 15/2019 / TT-BKHCN dated November 15, 2019 promulgating “National…
The Department of Trade Defense (Ministry of Industry and Trade) has just issued a notice of receipt of a request for review of anti-dumping measures for some cold-rolled stainless steel products imported into Vietnam. Previously, on October 21, 2019, the Ministry of Industry and Trade issued the final review of the application of anti-dumping measures…
Continuing to wait for QCVN20 to be removed, many stainless steel enterprises expressed deep concerns about their “fate” in the coming time. “Circular 15/2019 / TT-BKHCN providing QCVN20: 2019 / BKHCN (QCVN20) national technical regulations on stainless steel requires domestic stainless steel manufacturers not to apply basic standards for imported stainless steel raw materials, but…
On February 11, 2021, the General Department of Trade Defense of India (DGTR) announced the initiation of an investigation into a scope of product review in an anti-subsidy case against a number of stainless welded steel pipe products with origin. from Vietnam and China. 1. Some main content This is a midterm review at the…
Earlier, Malaysia also imposed tariffs on flat rolled steel imported from China, South Korea and Vietnam A preliminary investigation – conducted on behalf of the only Malaysian manufacturer of these products – found that there was enough evidence to continue the investigation, according to the ministry’s information. with cold rolled stainless steel in rolls, sheets…
The world stainless steel market is fluctuating. While prices in China fell sharply because of falling steel material prices, prices in the US soared to their highest level in nearly a decade when the market suddenly turned from oversupply to undersupply. On March 4, on the Shanghai floor, the price of stainless steel in May…
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