Russia won't punish steel producers for high prices
MOSCOW, April 8 (Reuters) - Russia does not plan to punish local steel producers for increasing prices in the domestic market, Deputy Industry Minister Andrei Dementyev said on Thursday. "It is possible that we would choke the metallurgists to death, but in such a case, we will have to use Chinese steel," Dementyev said.
U.S. slaps duties on China steel in record case
WASHINGTON -- A U.S. trade panel gave final approval Wednesday to duties ranging from about 10% to 16% on Chinese-made steel pipe in the biggest U.S. trade case to date against China.
US weighs duties on Chinese steel grating
The Commerce Department says it may impose anti-dumping duties on imports of Chinese steel grating, saying it has been sold in the U.S. for up to 145 percent below its normal value
Top business stories of 2009: Steel and recession drag local economy
Contraction of the steel industry began in 2008, but some of the pain continued into 2009 in terms of layoffs and lower operating levels. At U.S. steel mills, capacity utilization for raw steel production was below 40 percent in early January and only crept up to a 60 percent-plus rate in the fourth quarter, according to the Washington-based American Iron and Steel Institute. Utilization is still below last year's peak near 90 percent.
