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AISI calls on new US commerce secretary to maintain Section 232

Kevin Dempsey, has made a statement applauding the Senate confirmation of the nomination of Gina Raimondo to serve as secretary of commerce. 

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Kevin Dempsey, CEO of the American Iron and Steel Institute (AISI), has made a statement applauding the Senate confirmation of the nomination of Gina Raimondo to serve as secretary of commerce, asking the secretary to maintain the Section 232 measures. 

“We appreciate her commitment to addressing the issues facing the American steel industry, including vigorously enforcing the US trade remedy laws and remaining aggressive in combating unfair trade practices by China and other trading partners. Strong enforcement of US trade laws is a top priority for American steelmakers, particularly as foreign government subsidies and other market-distorting policies and practices have resulted in significant global steel overcapacity. A critical part of the response to the global steel overcapacity crisis must be the full enforcement of the Section 232 remedies on steel products, including action to ensure that the Section 232 exclusions process does not inadvertently allow exclusion of products that are made by domestic steel producers,” Mr. Dempsey said.

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Source: https://www.steelorbis.com/steel-news/latest-news/aisi-calls-on-new-us-commerce-secretary-to-maintain-section-232-1188915.htm

Metal

S. Africa’s iron ore output up by 24 percent in February from January

In February this year the seasonally adjusted index of iron ore mining production in South Africa increased by 24.0 percent.

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According to the preliminary data released by Statistics South Africa, in February this year the seasonally adjusted index of iron ore mining production in South Africa increased by 24.0 percent, while the country’s manganese ore production index rose by 11.5 percent, both month on month. In the given month, South Africa’s nickel production fell by 30.0 percent month on month.

On year-on-year basis, in February this year South African iron ore production was up by 65.7 percent, while manganese ore production increased by 21.6 percent. In February, the country’s nickel output rose by 7.8 percent compared to the same month of 2020.

Furthermore, the country’s seasonally adjusted iron ore sales at current prices in February this year fell by 5.9 percent compared to the previous month, to ZAR 9.72 billion ($670.40 million), while the seasonally adjusted nickel sales value at current prices was up by 109.5 percent in the same month compared to January, amounting to ZAR 1.31 billion ($90.48 million). South Africa’s seasonally adjusted manganese ore sales in February at current prices totaled ZAR 3.35 billion ($230.93 million), up by 57.3 percent month on month.

The year-on-year percentage change at current prices in the given month was up by 47.0 percent in iron ore sales, up by 39.7 percent in manganese ore sales and rose by 83.3 percent in nickel sales.

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Source: https://www.steelorbis.com/steel-news/latest-news/s-africas-iron-ore-output-up-by-24-percent-in-february-from-january-1195188.htm

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Metal

S. Africa’s iron ore output up by 24 percent in February from January

In February this year the seasonally adjusted index of iron ore mining production in South Africa increased by 24.0 percent.

Republished by Plato

Published

on

According to the preliminary data released by Statistics South Africa, in February this year the seasonally adjusted index of iron ore mining production in South Africa increased by 24.0 percent, while the country’s manganese ore production index rose by 11.5 percent, both month on month. In the given month, South Africa’s nickel production fell by 30.0 percent month on month.

On year-on-year basis, in February this year South African iron ore production was up by 65.7 percent, while manganese ore production increased by 21.6 percent. In February, the country’s nickel output rose by 7.8 percent compared to the same month of 2020.

Furthermore, the country’s seasonally adjusted iron ore sales at current prices in February this year fell by 5.9 percent compared to the previous month, to ZAR 9.72 billion ($670.40 million), while the seasonally adjusted nickel sales value at current prices was up by 109.5 percent in the same month compared to January, amounting to ZAR 1.31 billion ($90.48 million). South Africa’s seasonally adjusted manganese ore sales in February at current prices totaled ZAR 3.35 billion ($230.93 million), up by 57.3 percent month on month.

The year-on-year percentage change at current prices in the given month was up by 47.0 percent in iron ore sales, up by 39.7 percent in manganese ore sales and rose by 83.3 percent in nickel sales.

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Source: https://www.steelorbis.com/steel-news/latest-news/s-africas-iron-ore-output-up-by-24-percent-in-february-from-january-1195188.htm

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Metal

S. Africa’s iron ore output up by 24 percent in February from January

In February this year the seasonally adjusted index of iron ore mining production in South Africa increased by 24.0 percent.

Republished by Plato

Published

on

According to the preliminary data released by Statistics South Africa, in February this year the seasonally adjusted index of iron ore mining production in South Africa increased by 24.0 percent, while the country’s manganese ore production index rose by 11.5 percent, both month on month. In the given month, South Africa’s nickel production fell by 30.0 percent month on month.

On year-on-year basis, in February this year South African iron ore production was up by 65.7 percent, while manganese ore production increased by 21.6 percent. In February, the country’s nickel output rose by 7.8 percent compared to the same month of 2020.

Furthermore, the country’s seasonally adjusted iron ore sales at current prices in February this year fell by 5.9 percent compared to the previous month, to ZAR 9.72 billion ($670.40 million), while the seasonally adjusted nickel sales value at current prices was up by 109.5 percent in the same month compared to January, amounting to ZAR 1.31 billion ($90.48 million). South Africa’s seasonally adjusted manganese ore sales in February at current prices totaled ZAR 3.35 billion ($230.93 million), up by 57.3 percent month on month.

The year-on-year percentage change at current prices in the given month was up by 47.0 percent in iron ore sales, up by 39.7 percent in manganese ore sales and rose by 83.3 percent in nickel sales.

Invest w Mintos
Source: https://www.steelorbis.com/steel-news/latest-news/s-africas-iron-ore-output-up-by-24-percent-in-february-from-january-1195188.htm

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