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Daily Steel News
Courtesy of SteelOrbis
Brazil imposes AD duty on ex-China seamless pipe imports
Brazil has imposed a definitive antidumping (AD) duty on seamless steel pipe imports from China.
NSSMC sees lower net profit in June-September
In June-September, NSSMC posted a net profit of JPY 112.25 billion ($1 billion), falling 2.9 percent year on year.
9.77 million mt of crude steel capacity eliminated in Hebei in Jan-Oct
In the January-October period of the current year, 9.77 million mt of crude steel production capacity was eliminated in China’s Hebei Province.
Wuhan Steel sees 18.36 percent rise in net profit in Jan-Sept
In January-September, Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) saw a net profit of RMB 770 million, up 18.36% year on year.
Shandong Steel’s operating revenue down 23.37 percent in Jan-Sept
In January-September, Chinese steelmaker Shandong Iron & Steel Group saw an operating revenue of RMB 40.258 billion, down 23.37 percent y-o-y.