Statement on the question of China’s Treatment as a non-market economy
The American Iron and Steel Institute, the Steel Manufacturers Association, the Canadian Steel Producers Association, CANACERO (the Mexican steel association), Alacero (the Latin American steel association), EUROFER (the European steel association,) Instituto AcoBrasil (the Brazil Steel Institute), the Specialty Steel Industry of North America and the Committee on Pipe and Tube Imports today released a […]
EU Steel import surge distorts regional market says EUROMETAL
The steel market in the European Union has become subject to massive distortion as unprecedented volumes of steel from China enter the market, and they just keep coming. Amongst the ever-growing calls for enforcement of trade measures, it is not enough simply to talk about volumes, but the shift in market share also matters, distributors’ […]
Globale Stahlpartnerschaft ins Leben gerufen
Das American Institute for International Steel (AIIS), der europäische Stahlhandelsverband EUROMETAL und die International Steel Trade Association (ISTA) wollen künftig enger zusammenarbeiten. Globale Stahlpartnerschaft ins Leben gerufen
Global Steel Supply Chain Partnership Announced
This month I am honored to report to you a highly significant development in the 65-year history of the AIIS: the creation of the Global Steel Supply Chain Partnership. The Partnership, which was launched on May 21 in concert with the Made in Steel exposition and conference in Milan, Italy, is the result of a […]
AIIS calls for steel to have united voice in global trade talks
The global steel industry needs to present a unified voice in international trade discussions to promote free trade, delegates were told at Eurometal’s International Steel Trade Day in Frankfurt on Thursday November 13. “We have to make the case for free trade every day, and it’s a very difficult thing to do,” Richard Chriss, executive […]
EU may face more unfair trade cases, EURMETAL told
The European Union remains a very attractive market for steel exporters and, with other regions showing increasing signs of protectionism, the EU may have to deal with more unfair trade investigations, according to Yurij Rudyuk of the law firm Van Bael & Bellis. Speaking Thursday at Eurometal’s International Steel Trade Day in Frankfurt, Rudyuk noted […]
Joint Statement AIIS – EUROMETAL Trade Facilitation Agreement
The US and India earlier today released a statement saying the TFA a deadlock has been resolved. EUROMETAL Director General Georges Kirps and American Institute for International Steel Executive Director Richard Chriss today issued this joint statement from Frankfurt, Germany, where they participated in EUROMETAL’s International Steel Trade Day: “Today’s announcement of a way forward […]
Distributors must focus on value added pricing, said EUROMETAL
Overcapacity and the lack of focus on pricing is the main problem in the European distribution sector, according to Georges Kirps, managing director of EUROMETAL. Speaking at the 4th annual Platts Steel Supply Chain Conference in Antwerp, Kirps said distribution overcapacity was 25-30% on average in Europe. “There are 5,000 steel distributors in Europe. We […]
Distributors fight for tonnage in EU: look abroad
Dogged by overcapacity and weak prices amid an uncertain economic scenario, key distributors are seeking higher margins outside the European Union, and particularly in the US Steel distributors’ margins in the European Union have not fully recovered from the global economic crisis, and subdued regional growth prospects have led several to seek growth in the […]