US wire rod producers file AD/CVD petition against 10 countries

Below mentioned four major US steel producers, Gerdau Ameristeel US Inc., Nucor Corporation Keystone Consolidated Industries, Inc., Charter Steel today filed petitions charging that unfairly-traded imports of carbon and alloy steel wire rod from Belarus, Italy, South Korea, Russia, South Africa, Spain, Turkey, Ukraine, United Arab Emirates, United Kingdom are causing material... Read More

Short Range Outlook : March 2017

Still improving supply-demand balance creates brighter picture in global longs market The supply-demand balance continues to improve in regions like the US, Europe and Asia, contributing to a brighter picture in the  global long steel products market. US market boosted by restocking and infrastructure spending expectations Demand has improved in the US as buyers have been restocking.... Read More

US DOC announces preliminary antidumping margins in rebar trade case

On March 1, 2017, the US Department of Commerce (DOC) announced its affirmative preliminary determinations in the antidumping duty investigations of rebar imports from Japan, Taiwan, and Turkey and released preliminary dumping rates: The preliminary antidumping duty rates per country and company are as follows: Japan Jonan Steel Corporation : 209.46% Kyoei Steel Ltd. : 209.46% All... Read More

US DOC announced preliminary CVD rates for Turkish rebar imports

The US Department of Commerce (DOC) today announced its affirmative preliminary determination in the countervailing duty (CVD) investigation of rebar imports from Turkey. The DOC calculated a preliminary subsidy rate of 3.47 percent for the mandatory respondent Habas and “all others,” although there are currently no Turkish rebar producers or exporters subject to it because... Read More

Algeria may unveil quotas on reinfocing bar imports soon

Mr. Abdelmadjid Tebboune, Algerian interim trade minister and also minister for housing and urban planning has said that Algeria may unveil quotas on reinforcing bar imports soon. Mr.Tebboune added that he will discuss quotas for reinforcing bar imports and for other product imports at an inter-ministerial meeting, as reported by Algerian and French media. Algeria, the largest... Read More

Short Range Outlook : February 2017

Europe, US and Asia lead the way for demand in global long steel products market Expectations for demand and order books in the supply chain of the global long steel products market made a reasonable start to business in 2017, although a sharp correction in scrap prices caused people to hesitate a bit in the EU and the US. However, market sentiment has not changed much and demand... Read More

The programme of the 76th IREPAS meeting

March 26th, Sunday 19:00 – 22:00      Welcome cocktail at Intercontinental Budapest March 27th, Monday 09:00 – 09:15      Welcome address by Chairman of IREPAS 09:15 – 10:15        SESSION ONE – Global economic outlook - Global economic developments and expectations Gergely Tardos, OTP Bank / Chief Economist Where is the European economy... Read More

Egypt starts antidumping investigation on wire rod imports from China, Turkey and Ukraine

According to market players, Egypt has launched an antidumping duty investigation against wire rod imports from China, Turkey and Ukraine, upon a request from domestic steel producers. Egypt also recently initiated an antidumping duty investigation against reinforcing bar imports from the countries in question.  Read More

Short Range Outlook : January 2017

Fears recede in global long steel market amid upbeat sentiment for 2017 There has been no significant change in the global long steel products market compared to last month in terms of supply and demand balance. Demand remains relatively weak, but we have seen better discipline on the supply side, which has had a positive impact on pricing dynamics. Demand is expected to pick up... Read More

Preliminary antidumping decision for rebar imports into Canada

The Canada Border Services Agency (CBSA) has announced its preliminary results concerning its antidumping duty investigation regarding certain concrete reinforcing bar originating or exported from Belarus, Taiwan, Hong Kong, Japan, Portugal and Spain. Accordingly, the CBSA calculated preliminary antidumping duties ranging from one percent to 109.2 percent for the six locations.... Read More

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