Over the course of the past few months, the U.S. stainless market has seen several significant

events unfold that are impacting the market.

 

On July 12th, The U.S Commerce Department announced preliminary countervailing

duties on Chinese imported stainless steel. The CVD for Ningbo Baoxin Stainlees Sheet Co.Ltd

was assessed at 193.12 % and all other Chinese producer’s CVD is set at 57.3%.

In addition, U.S producing mills have published price increases this year effective on

Jan 1, March 1, May 1 and July 5th.

 

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