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Shell may apply for tariff exemption and import stainless steel from Indonesia

  • Wednesday, September 5, 2018
  • Source:ferro-alloys.com

  • Keywords:Shell, tariff exemption
[Fellow]Shell may apply for tariff exemption and import stainless steel from Indonesia

[ferro-alloys.com]According to the report from Times, U.S president Trump had broadened aluminum and steel import quota from several countries. It may have a significant effect $6 billion “ethane” factory that belongs to Shell.

Last week, Shell required for exemption of 25% steel import tariff

In detail, Shell needs 11,200 tons rolled steel to build Falcon Pipeline. The 97 miles long pipe will consist of two parts: one is from Ohio and West Virginia to West Beaver County, and another is from Washington to South Beaver County and Allegheny Shire.

The pipeline construction may start next year. In 2020,the pipeline could be operated.

According to Argus’s statement, in the argument for supporting steel tariff exemption,  the steel for oil well is not from U.S. The company has to rely on imported steel

The same statement is provided by Allegheny Technologies. In March, they applied for exemption of imported steel tariff. 

By the end of last year, ATI became the partner of Qsingshan Stainless Steel. Two Companies would import Indonesian stainless steel plate, and process them in plants in Midland and Brackenridge in Allegheny Share.

 

  • [Editor:王可]

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