Our Mission

Our mission is; to develop understanding between producers, traders and consumers of long steel products around the world;

to add value to international trading activities of our members by providing an environment facilitating better relationships with the shipping and finance industries as well as inspection services;

to help our members reach useful information about the markets around the globe;

to facilitate an environment in which our members can meet new parties to create business opportunuties;

to create a better atmosphere for fair business.

News

Mexico to renew 15 percent import tariff

Mexico’s ministry of economy announced yesterday that it will renew a provisional 15 percent tariff against imports of several steel products from countries with which the nation does not have existing trade agreements. The tariff will last for six months, and apply to imports of slab, CRC, HRC, heavy plate and wire rod. The tariff [...]

Canada exempts Mexico from safeguard measures on wire rod imports

Canadian finance minister Bill Morneau has exempted NAFTA ally Mexico from controversial safeguard measures on imports of energy tubular products and wire rod, as reported by Canada-based CBC News. Accordingly, the imports of these products from Mexico will no longer cost an extra 25 percent, effective as of February 2, 2019. The duties already paid [...]

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