You are here: Home > Steel News > Latest Steel News > US...

US bans steel imports from Chinese company over alleged forced labor

Friday, 04 October 2024 10:16:15 (GMT+3)   |   San Diego
       

The United States government has banned steel imports from one of the subsidiaries of state-owned steel giant China Baowu Group on Thursday over allegations of forced labor. This is the first time a steel company has been included, the government said in a statement.

“Effective October 3, 2024, U.S. Customs and Border Protection (CBP) will apply a rebuttable presumption that goods produced by Baowu Group Xinjiang Bayi Iron and Steel Co., Ltd. and Changzhou Guanghui Food Ingredients Co., Ltd. will be prohibited from entering the United States. This is the first time steel and aspartame companies have been added to the UFLPA Entity List,” the US Department of Homeland Security said in a press release.

Baowu Group Xinjiang Bayi Iron and Steel is a subsidiary of the largest steel producer in the world: China Baowu Group. The company, according to the World Steel Association, produced more than 130 million metric tons (mt) of liquid steel in 2023, 91 percent more than the second largest in the world: ArcelorMittal.

The Chinese company Baowu Group alone produces more steel than six countries combined in the World Steel Association Top 15: Iran, Italy, Vietnam, Taiwan, Indonesia and Mexico.

“The Uyghur Forced Labor Prevention Act is the Biden-Harris Administration’s most powerful tool to combat forced labor and hold its perpetrators to account,” said Secretary of Homeland Security Alejandro Mayorkas.

The steel company accused of using forced labor is located in the Xinjiang region, in the far west of China. The companies involved have to prove that they are exempt from the use of forced labor in order to export to the United States.

The accused steel company has a production capacity of 10 million metric tons per year. Its products include rebar, wire rod, high-grade steel, commercial steel sections, hot-rolled sheet (HRC), cold-rolled sheet (CRC), color-coated sheet and galvanized sheet, steel plates, etc. It also produces iron ore.


Similar articles

US domestic rebar prices flat to up slightly while wire rod increases 

17 Oct | Longs and Billet

US import long steel prices continue to edge higher on reduced US supply and higher Asian price influence

17 Oct | Longs and Billet

Aperam to increase presence in US specialty steel sector with new acquisition

17 Oct | Steel News

Nucor to upgrade Steckel mill in Alabama to increase capacity

17 Oct | Steel News

Nucor Weekly Consumer Spot Price (CSP) declines following three weeks of stability

14 Oct | Flats and Slab

US flat steel pricing remains mixed as markets mull effect of higher scrap prices as flat steel demand lags

11 Oct | Flats and Slab

Import BPI in US inches down, but Brazilian exporters hope for rebound amid rainy season

11 Oct | Scrap & Raw Materials

US Northeast October domestic scrap prices settle higher on solid export demand, quick strike settlement

10 Oct | Scrap & Raw Materials

US Ohio Valley October scrap prices settled higher amid improved buying activity

10 Oct | Scrap & Raw Materials

US approves Cleveland-Cliffs’ acquisition of Canada’s Stelco

09 Oct | Steel News