1. Crude Steel Production Rises in March -- "World crude steel production for the 64 countries reporting to the World Steel Association was 129 million metric tons in March 2011 and 372 million metric tons for the first quarter 2011. This is 7% higher than March 2010 and 8.8 % higher than the first quarter 2010.
2. Chinese To Build $1Billion Steel Plant in Texas -- The building of the steel plant in the U.S. is a strategy to avoid U.S. imposed anti-dumping duties of 32% and 98% on imports of Chinese steel pipe products.
3. Steel Leads Recovery at Antwerp Port -- First quarter 2011 volumes have improved over 2010 results at the port of Antwerp, particularly in breakbulk cargoes, hit hardest by the global recession. The best performer in this segment was steel, which rose 41.8% to 1.9 million metric tons.
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