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Turkish HRC selling figures decrease in July

Turkish hot rolled coil selling figures have decreased in July, according to MEPS International. Both domestic and overseas demand is lackluster. Confidence, in the commodity plate market, has weakened. Cautious stockiest are expected to pursue conservative procurement programmes in the ...

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Southwest Steel Coil announces 100,000 square foot Mission plant

It is reported that Southwest Steel Coil has purchased seven acres in the Mission Expressway Business Park with plans to construct a 100,000 square foot facility in Mission. Mr Ed Camden, president of Southwest Steel Coil Inc, a subsidiary of ...

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Steel coil importers undercut iron-rod makers

Iron-rod manufacturers in the country say they are being cheated by traders who are importing steel coils and passing them off as iron rods, paying very little duty in the process. Imported iron rod is supposed to attract 20 percent ...

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China to cancel tax protection policy on certain categories of imported steel

The Chinese Ministry of Finance, General Administration of Customs and State Administration of Taxation has announced its decision to cancel the tax protection policy on certain categories of imported steel into the country. The decision is intended to boost the ...

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