What's ahead for 2025 in Raw Materials Predictions? You can find out here... https://lnkd.in/ed2-ByZT
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The US Department of Commerce has officially extended the antidumping (AD) and countervailing duties (CVD) on circular welded carbon-quality steel pipes from China. This decision follows a thorough sunset review, in which the DOC concluded that removing these orders would likely lead to a recurrence of unfair practices, such as dumping and the provision of subsidies to Chinese exporters. These duties, which are set at 69.20% for dumping and as high as 616.83% for subsidies, are designed to protect US manufacturers from unfair competition and maintain a level playing field in the steel industry. This decision comes at a critical time as global supply chains continue to face challenges. For professionals in the steel and manufacturing industries, this is a significant development. The continuation of these tariffs will likely influence the cost of imports, production strategies, and market dynamics. Companies must adjust to the ongoing impacts of these trade policies. #SteelTradePolicy #GlobalSteelMarket #CVDandAD #TradeNews #IndustrialDevelopment #USChinaTrade #SteelIndustry #ManufacturingInnovation
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On December 18, 2024, American Active Anode Material Producers filed a petition for the imposition of antidumping and countervailing duties on U.S. imports of Active Anode Material from China. If the petition is successful, it could have significant implications for a wide range of battery manufacturers and consumers. ?? Read more: https://lnkd.in/gpvsJ3DQ #InternationalTrade #Manufacturing #TradePolicy
Petition Summary: Active Anode Material from The People’s Republic of China | International Trade Insights
https://www.internationaltradeinsights.com
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What do planned tariffs in 2025 mean for your business? ?? Our latest blog gives a situation overview of the proposed tariff plan, highlighting what it means for businesses and the chemical ingredient industry. We cover potential supply chain disruptions to expect and how you can be prepared. Read the blog here ?? https://lnkd.in/ejFjUKD6 #2025Tariffs #ChemicalSupply #SupplyChain
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The U.S. International Trade Commission (ITC) found no significant harm to U.S. industry from aluminum extrusions imported under unfair pricing and subsidies from 14 countries. As a result, no antidumping and countervailing duty (AD/CVD) orders will be imposed on aluminum extrusions from these countries. #ITC #USITC #AD #CVD #Aluminum #Duties #Compliance #USImports #Trade #SupplyChain
Aluminum Extrusions From China, Colombia, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey, United Arab Emirates, and Vietnam Do Not Injure U.S. Industry, Says USITC | United States International Trade Commission
usitc.gov
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Machine tool exports are expected to grow 5 to 10 percent this year, as the market gradually stabilized in the final quarter of last year and prospects became clearer, the Taiwan Machine Tool and Accessory Builders’ Association (TMBA, 台灣工具機暨零組件公會) said yesterday.—Taipei Times https://lnkd.in/gjj2Grnb
Machine tool exports to rise 5% to 10% - Taipei Times
taipeitimes.com
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Leveling the Playing Field 2.0 Act: SMA Philip K. Bell, Steel Manufacturers Association (SMA) president, noted that the Leveling the Playing Field 2.0 Act would give the US government new and better tools to stop unfair Chinese trade practices as their exports rise. Click the link to read through our blog coverage: https://lnkd.in/gw7QuQ4u
Davis Index - Daily metal prices, recycled material prices & global metal market
davisindex.com
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A significant development is on the horizon for the American steel industry. Starting August 1, 2024, tariffs on steel and aluminum imports from China will increase from 7.5% to 25%. This move aims to protect domestic manufacturing and jobs by addressing China's trade practices and overcapacity issues. At Coiling Technologies, we see this as a pivotal moment for the American steel industry. These tariffs will help level the playing field, allowing U.S. manufacturers to compete more effectively and foster innovation. For us, this means enhanced opportunities to leverage our advanced cold coiling processes, delivering superior durability and precision in our products. We recognize that these tariffs may lead to increased domestic steel prices.?As Chinese imports become more expensive, domestic producers may adjust their pricing accordingly. At Coiling Technologies, we are closely monitoring these developments and their potential impact on our operations. While higher input costs could present challenges, we believe our efficient processes will allow us to maintain competitive pricing while continuing to deliver high-quality products to our customers. As we navigate these changes, our commitment to providing high-quality springs for various applications remains strong. We believe these tariffs will ultimately strengthen the domestic supply chain, benefiting both manufacturers and consumers. Coiling Technologies is proud to be part of an industry that is growing stronger together. Contact us by reaching out to one of our sales team via email: [email protected] or via voice: +1-866-493-5538 or outside the USA+1-713-849-4000. #Manufacturing #SteelIndustry #Tariffs #CoilingTechnologies #Innovation #AmericanMade
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EXCERPTS: Europe’s biggest paintmaker Akzo Nobel NV has warned that European and US tariffs on Chinese chemicals imports could drive up prices for Western consumers. The European Union’s imposition of anti-dumping duties on titanium dioxide imports from China, and the possibility of US measures on its epoxy, will mean higher prices for Akzo Nobel, Chief Executive Gregoire Poux-Guillaume told Bloomberg. Amsterdam-based Akzo Nobel uses titanium dioxide as an ingredient in its paints and coatings as a key pigment for producing white color. The company uses resins to make coatings. China is a crucial producer of the two chemicals.
Europe’s Biggest Paintmaker Warns EU, US Chemical Tariffs on China to Spur Prices
bloomberg.com
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?? Market Update: This week’s issue of EUWID highlights key developments in Italy and the UK. Surging demand from deep-sea markets has driven recovered paper prices upward. However, at the same time, price pressure on finished paper markets is creating significant challenges. Stay informed with EUWID as we track these evolving market dynamics. #RecoveredPaper #PaperIndustry #MarketTrends #Pricereporting #EUWID https://lnkd.in/gCigigtm https://lnkd.in/giKR_4s4
Prices are under pressure and falling in many parts of the Italian market in January
euwid-paper.com
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