The World Steel Association released its Short Range Outlook for 2019 and 2020. Global steel demand will grow by 3.9% to 1,775.0 million tonne in 2019 and will grow by another 1.7% in 2020, reaching 1,805.7 million tonne.
In 2019 worldsteel demand forecasts in China will grow by 7.8% to reach 900.1 million tonne and the rest of the world is expected to record 0.2% growth to 874.9 million tonne. In 2020, Chinese steel demand is expected to grow by 1.0%, whereas steel demand in the rest of the world will grow by 2.5%, driven by 4.1% growth in the emerging and developing economies excluding China. ….
On November 8, 2019, the Canada Border Services Agency (CBSA) initiated invatigation under the Special Import Measures Act respecting the alleged injurious dumping and subsidizing of certain corrosion-resistant steel sheet from Turkey, the United Arab Emirates and Vietnam. The investigations follow a complaint filed by ArcelorMittal Dofasco G.P.
The subject goods are usually imported under the following tariff classification numbers: 7210.30.00.00….