According to a report on Feb 12, Thailand has initiated a sunset review of anti-dumping (AD) duties on cold-rolled stainless steel coils, sheets, and strips originating from Japan, Taiwan, and South Korea. The existing duties were set to expire on February 17, 2026. However, authorities determined that expiration would likely lead to a recurrence of dumping. Consequently, importers are required to pay security deposits equivalent to the AD duty rates (Japan: 0-50.92%; Taiwan: 0-33.99%; Korea: 50.99%) effective from February 18, 2026, through February 17, 2027 pending the review outcome.

According to SMM, a significant volume of Indonesian stainless steel coils remains stranded at Malaysian customs, causing anxiety among local traders and processing centers who are grappling with low inventory levels. However, market sources indicate a slight improvement, with recent reports that shipments are gradually beginning to clear customs.

[SMM News] SMM reported on June 12 that the US Department of Commerce (USDOC) issued an official announcement on June 4, 2025, deciding to terminate the administrative review of the antidumping duty order on stainless steel coil and sheet imported from Belgium. The period of review for this investigation was from May 1, 2023, to April 30, 2024. The preliminary findings of the US Department of Commerce indicated that Aperam Stainless Belgium (ASB) did not sell the products in question at prices below normal value during the review period. In addition, based on an analysis of data from the US Customs and Border Protection (CBP), ArcelorMittal Gent, Phoenix Steel, Heraclesa, and Belgian Industrial Steel did not have any import records of the products in question during the review period.

Overall, according to data from the General Administration of Customs, China's total exports of HRC to Brazil in the first four months of 2025 amounted to only 211,000 mt, accounting for 2.70% of China's total HRC exports, indicating a limited overall impact. Data from 2025 shows that the top five countries for China's HRC exports were Vietnam, Pakistan, Saudi Arabia, South Korea, and the UAE. Among them, Vietnam and South Korea have successively initiated anti-dumping investigations against China's HRC. Vietnam has already imposed provisional anti-dumping measures, and there have even been recent rumors that wide coils, which were previously excluded from the anti-dumping scope, might be added to the anti-dumping list again. On March 4 this year, South Korea officially announced the initiation of an anti-dumping investigation against China's hot-rolled steel coils. Currently, China's HRC, the largest category in terms of steel export share, is facing an increasing number of anti-dumping investigations. Perhaps for export traders, exploring ways to increase exports of products that are not yet subject to anti-dumping measures could be a wise strategy...

SMM News on May 30: To gain an in-depth understanding of the cutting-edge technologies and market trends in the high-end silicon steel sector, promote efficient collaboration among industry chain resources, and empower the green and intelligent upgrading of the power equipment industry, a delegation led by Xu De'an, Director of the Marketing Department, and Fan Cui, Director of the Motor Business Department, from SMM Information & Technology Co., Ltd. (SMM), visited Hunan Hongwang New Material Technology Co., Ltd. (hereinafter referred to as "Hunan Hongwang") on May 26. They were warmly received by Zhan Lugang, Deputy General Manager of Hunan Hongwang. Both sides engaged in in-depth discussions on the silicon steel industry landscape, intelligent manufacturing technology innovation, low-carbon transformation pathways, and strategic cooperation opportunities. Focusing on the core track of silicon steel, intelligent manufacturing strength leads the transformation! Against the backdrop of the explosive growth of new energy vehicles (NEVs), accelerated construction of ultra-high voltage power grids, and iterative upgrades of high-efficiency motors, the market has set extremely high requirements for the performance (high magnetic induction, low iron loss, ultra-thin specifications) and green intelligent manufacturing capabilities of silicon steel products. As a rising force in the domestic silicon steel sector, Hunan Hongwang has established an intelligent production site. This visit and exchange have laid a solid foundation for future cooperation between the two sides and deepened mutual understanding and trust between SMM and Hunan Hongwang. As a platform connecting the upstream and downstream of the industry chain, SMM looks forward to deepening cooperation with outstanding local enterprises like Hunan Hongwang to jointly promote technological progress and market applications of silicon steel materials, contributing to the transformation and upgrading of China's high-end manufacturing industry. Hunan Hongwang New Material Technology Co., Ltd. Hunan Hongwang New Material Technology Co., Ltd. is the first high-end silicon steel project in the strategic layout of Hongwang Group. Established in 2021, as a key construction project for investment attraction in Hunan, it is located in the Louxing Industrial Development Zone, Loudi City. Hongwang Holding Group Co., Ltd. is an enterprise group specializing in the production of cold-rolled stainless steel, silicon steel, and supporting finishing products. It ranks 442nd among the Top 500 Chinese Enterprises, 228th among the Top 500 Chinese Manufacturing Enterprises, 223rd among the Top 500 Chinese Private Enterprises, and 155th among the Top 500 Chinese Private Manufacturing Enterprises in 2024 . The company has been awarded the title of " Advanced Enterprise in China's Stainless Steel Industry ". Relevant subsidiaries are national high-tech enterprises, and the product brand has been honored with the title of " Well-Known Trademark in China ", while product quality has been recognized with the title of " Quality and Integrity Trustworthy Unit ". Silicon steel, hailed as the "artwork" of the steel industry, is a key strategic material that promotes the upgrading and replacement of electrical products. The project covers an area of approximately 420 mu, with over 500 professional technical personnel. It mainly produces high magnetic induction grain-oriented silicon steel (HiB) and high-end silicon steel coils for new energy drive motors . The products are widely used in transformers, EVs, household appliances, industrial motors, construction machinery, power transmission and transformation, and other fields. Against the backdrop of the national "dual carbon" strategy, in September 2021, Hongwang Holding Group signed a strategic cooperation agreement with Loudi Municipal Government and Lianyuan Iron & Steel Group to jointly build the largest "silicon" valley new material base in central China. Adhering to the principles of low carbon and green development, and aiming for high standards, high quality, and high efficiency, Hunan Hongwang is constructing a model intelligent manufacturing factory in the silicon steel sector with an annual production capacity of 960,000 mt, creating a silicon steel deep-processing industrial cluster, and radiating influence across central China. Upholding the group's corporate mission of "focusing on green intelligent manufacturing and continuously creating value for customers," and adhering to the corporate vision of "realizing shared dreams," with "integrity, pragmatism, openness, and innovation" as its core values, Hunan Hongwang provides customers with high-quality products and excellent, stable services. SMM Conference Contact Person: Cui Fan Tel: 13816522387 Email: fancui@smm.cn

The project of strip steel pickling, tempering, and hot galvanizing with aluminum-magnesium alloy at a steel company in Hebei province has been approved. The project mainly involves the construction of two pickling and tempering production lines, two hot galvanizing with aluminum-magnesium alloy production lines, and four semi-automatic packaging production lines. The annual output will be 1.6 million mt of pickled and tempered strip steel coils and 1.4 million mt of hot galvanized with aluminum-magnesium alloy commodity coils.

[SMM Flash News] A project involving strip steel pickling and tempering as well as hot galvanizing with aluminum and magnesium by a steel company in Hebei province has been approved. The project mainly involves the construction of two pickling and tempering production lines, two hot galvanizing with aluminum and magnesium production lines, and four semi-automatic packaging production lines. The annual output will be 1.6 million mt of pickled and tempered strip steel coils and 1.4 million mt of hot galvanized with aluminum and magnesium commodity coils.

Recently, China Petroleum Baoshi Pipe Industry Co., Ltd. (hereinafter referred to as "Baoshi Pipe Industry") successfully trial-produced its first titanium alloy coiled tubing through independent R&D, filling the product gap in this field for China National Petroleum Corporation (CNPC). This marks a significant technological breakthrough for Baoshi Pipe Industry in the high-end energy tubing sector, providing core equipment for the development of oil and gas resources in harsh environments such as deep sea, ultra-deep wells, and highly corrosive conditions. It is reported that the density of titanium alloy coiled tubing is only 57% of that of steel, featuring high strength, lightweight, high corrosion resistance, and high fatigue resistance. Compared with carbon steel coiled tubing of the same steel grade, it can significantly increase the depth of the tubing string, meeting various operational needs in fields such as drilling and completion, oil and gas production, and oil and gas gathering and transportation during oil and gas extraction. To overcome the technical challenges in manufacturing titanium alloy coiled tubing, Baoshi Pipe Industry formed a project team, developed a detailed implementation plan, and, through repeated tests and multiple rounds of trial production, optimized the selection of titanium alloy raw materials, identified suitable welding materials, and upgraded key equipment for full-process gas protection, forming, and welding. "We have broken through key technologies such as springback control in cold bending of titanium alloy, high-precision, high-energy-density, and efficient continuous laser welding, and online gas-protected annealing treatment. We have successfully trial-produced the company's first reel of titanium alloy coiled tubing, which fully meets performance requirements," said Zhao Kun, the chief expert of Baoshi Pipe Industry. He introduced that this trial production not only significantly improved the production efficiency of titanium alloy coiled tubing but also avoided issues such as reduced corrosion resistance caused by oxygen and hydrogen absorption in the weld seam during the welding process of titanium alloy, providing new solutions for the development of oil and gas resources in China's onshore deep wells exceeding 10,000 meters, harsh corrosive operating environments, and offshore fields.

Preview: The People's Bank of China, the China Securities Regulatory Commission, and other departments will make announcements at 9 a.m. on the 7th, introducing the relevant situation of "a package of financial policies to support market stability and stabilize expectations.

In May 2025, Jiangsu Shagang Group Co., Ltd. announced its pricing policy: The ex-factory prices of cold-rolled non-oriented silicon steel coils were reduced by 100 yuan/mt MoM, with SG50W800 priced at 4,650 yuan/mt (ex-factory price, tax included). A retroactive adjustment of 200 yuan/mt was made to the April prices (i.e., 4,550 yuan/mt). Note: The specific prices are ex-factory prices, tax included.