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China’s steel sector PMI remains at 49.9 percent in July
In July, the production index for the Chinese steel sector stood at 49.0 percent, reflecting the stability of demand in the given month.In July, the new order index stood at 49.9 percent, 27 percentage points higher than in June.6 percentage points higher than that recorded in June.

🌎 International · 🗓️ August 02, 2023 · Steel

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US issues preliminary AD review results on rebar from Turkey
The DOC has determined a weighted-average dumping margin of 29.30 percent for Kaptan Demir Çelik and other companies, while the DOC has calculated a weighted-average dumping margin of zero for Çolakoğlu Metalurji.The preliminary antidumping duties for India are applicable from August 1.During the review period from July 1, 2021, to June 30, 2022, certain Turkish producers were found to have made sales of the subject products at less than normal value.

🌎 International · 🗓️ August 02, 2023 · Steel

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South Africa’s base metal export value up 14.5 percent in H1
81 billion) compared to the same period of 2022.In June, the country’s imports of base metals and articles thereof amounted to ZAR 9.2 percent from the previous month, while in the first six months of the year South African imports of base metals and articles thereof moved up by 4.75 billion ($2.6 percent year on year to ZAR 50.

🌎 International · 🗓️ August 02, 2023 · Steel

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Heavy truck sales in China up 44 percent in July
0 percent year on year.Heavy truck sales in China are estimated to have totaled 553,000 units in the first seven months this year, up 30.

🌎 International · 🗓️ August 02, 2023 · Steel

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Manganese ore shipments via Port Hedland up 88.1 percent in June
Meanwhile, in the given month China was the sole destination for manganese ore shipments from Port Hedland.Port Hedland handles production from mines owned by BHP Billiton, Fortescue Metals Group and Atlas Manganese in the manganese ore-rich Pilbara region of Western Australia.

🌎 International · 🗓️ August 02, 2023 · Steel

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