10,382.89 TRY BIST 100 BIST 100
48.42 EUR EUR EUR
41.28 USD USD USD
5.83 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
40.68 TRY Interest Interest
65.92 USD Fossil Oil Fossil Oil
54.45 USD Silver Silver
4.60 USD Copper Copper
105.18 USD Iron Ore Iron Ore
335.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,860.36 TRY Gold (gr) Gold (gr)

US announced decision on corrosion-resistant steel imports originating from the UAE

The US has announced a decision on imports of corrosion-resistant steel products from the UAE.

US announced decision on corrosion-resistant steel imports originating from the UAE

The US Department of Commerce announced that it has made a preliminary positive “critical condition” determination in its ongoing investigation into imports of certain corrosion-resistant steel products (CORE) originating from the United Arab Emirates (UAE). According to the decision published in the Official Gazette of the United States, the ministry has determined that no such situation exists for CORE products originating in South Africa.

Within the scope of the investigation covering the period from July 2023 to June 2024, it was stated that a negative critical status decision was made for UAE-based producers Al-Ghurair Iron and Steel and United Iron and Steel Company, while a positive critical status determination was made for all other CORE producers in the UAE.

On the South African side, it was stated that a negative decision was made for all producers, including Duferco Steel Processing.

Giant US Steel Producers and Trade Unions Behind the Investigation

Giant US steel producers such as Nucor, US Steel, Wheeling-Nippon, Steel Dynamics and various trade unions representing the employees of the sector are among the complaining parties of this investigation launched against CORE products.

Products and HTSUS Codes within the Scope of the Investigation

CORE products subject to the investigation within the scope of the US Customs Tariff Schedule (HTSUS), 7210.30.0030, 7210.30.0060, 7210.41.0000, 7210.49.0030, 7210. 49.0040, 7210.49.0045, 7210.49.0091, 7210.49.0095, 7210.61.0000, 7210.69.0000, 7210.70.6030, 7210.70.6060, 7210.70.6090, 7210.90.6000, 7210.90.9000, 7212.20.0000, 7212.30.1030, 7212.30.1090, 7212.30. 3000, 7212.30.5000, 7212.40.1000, 7212.40.5000, 7212.50.0000, 7212.60.0000, 7225.91.0000, 7225.92.0000, 7226.99.0110, 7226.99.0130, 7210.90.1000, 7215.90.1000, 7215.90.3000, 7215.90.5000, 7217.20.1500, 7217. 30.1530, 7217.30.1560, 7217.90.1000, 7217.90.5030, 7217.90.5060, 7217.90.5090, 7225.99.0090, 7226.99.0180, 7228.60.6000, 7228.60.8000 and 7229.90.1000.

The course of the investigation and the final decisions are expected to closely affect UAE and South Africa-based producers' access to the US market in the coming period.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Türkiye’s iron ore imports in July decreased by 25.9%, while Norway returned as a supplier after three years.

Friday, September 12, 2025

Weak demand continues in the EU steel market, with a limited recovery expected in 2026

Friday, September 12, 2025

Fortress Minerals signed an agreement for 1.2 million WMT of iron ore in Malaysia.

Thursday, September 11, 2025

Türkiye's wire rod import increased by 40.6% in July

Wednesday, September 10, 2025

Zhongxi Mining and Fenix signed agreement for weld range iron ore project in Australia

Tuesday, September 9, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now