China sets antidumping measures on steel products from EU, Japan, South Korea, Indonesia

China’s commerce ministry said on Friday it will impose temporary antidumping measures on stainless steel billet and hot-rolled stainless steel plate from the European Union, Japan, South Korea and Indonesia from March 23. The ministry said it will collect deposits from companies including Japan’s...

https://www.hellenicshippingnews.com/china-sets-antidumping-measures-on-steel-products-from-eu-japan-south-korea-indonesia/

Australian iron ore supply shouldn’t be too disrupted by Cyclone Veronica, unless it floods the mines

Iron ore operations in Australia’s Pilbara region are unlikely to be impacted significantly by Tropical Cyclone Veronica, unless it leads to flooding at mines, says Vivek Dhar, Mining and Energy Commodities Strategist at the Commonwealth Bank. Here’s a short snippet from a report Dhar released...

https://www.hellenicshippingnews.com/australian-iron-ore-supply-shouldnt-be-too-disrupted-by-cyclone-veronica-unless-it-floods-the-mines/

Total US coal traffic totals 72,190, down 16% on year; drop led by PRB railroads: AAR

US coal carload originations totaled 72,190 in the week ended March 16, down 5.7% from the prior week and down 16% from the year-ago week, Association of American Railroads data showed. This was the largest year-on-year drop since the first week of September 2016, down 16.2%. Coal also took up...

https://www.hellenicshippingnews.com/total-us-coal-traffic-totals-72190-down-16-on-year-drop-led-by-prb-railroads-aar/

Poor Demand Restricts Steel Price Rises as Raw Material Costs Increase

Raw material costs put upward pressure on prices, in northern Europe, in March, but demand was insufficient to support proposed hikes. Flat products selling values, were, for the most part, unchanged, in euro equivalent terms. Regional mills have spare production capacity and delivery lead times...

https://www.hellenicshippingnews.com/poor-demand-restricts-steel-price-rises-as-raw-material-costs-increase/