EU initiates expiry review on imports of wire rod from China

The European Commission has announced that it has initiated an expiry review of the antidumping duty on imports of wire rod from China. The application for the review was filed by the European Steel Association (EUROFER), alleging that the expiry of the existing measures would be likely to result in continuation or recurrence of dumping and injury to the EU industry. The investigation of a continuation or recurrence of dumping will cover the period... Read More

US DOC issues final results of antidumping review on certain reinforcing bars from Taiwan

The US Department of Commerce (DOC) has announced its final results of the administrative review of antidumping (AD) on imports of steel concrete reinforcing bar from Taiwan. As a result of the review on antidumping duties, the DOC has determined that Taiwan-based Power Steel Co. Ltd made sales of steel concrete reinforcing bar in the US at less than normal value during the period of review, March 7, 2017, through September 30, 2018. The DOC calculated... Read More

Canada starts antidumping probe on rebar imports from seven countries

The Canada Border Services Agency (CBSA) has announced that it has initiated an antidumping duty investigation on certain concrete reinforcing bar from Algeria, Egypt, Indonesia, Italy, Malaysia, Singapore and Vietnam, after a complaint filed by Canadian steelmakers AltaSteel Inc., ArcelorMittal Long products Canada G.P. and Gerdau Ameristeel Corporation. The products subject to antidumping duty investigation currently fall under Customs Tariff Statistics... Read More

83rd IREPAS meeting : Global long steel demand more or less same as before pandemic

The  83rd meeting of IREPAS (the International Rebar Exporters and Producers Association) was held as a virtual event to ensure the health and well-being of all participants, on September 21, 2020 in conjunction with the SteelOrbis Fall’20 Conference. There were 205 producer representatives among the 627 registered delegates from a total of 53 different countries. There were also 73 registrations representing 35 different raw material suppliers. At... Read More

US ITC votes to maintain AD/CVD orders on wire rod from five countries

As a result of the US ITC’s affirmative determinations, the existing orders on imports of this product from Brazil, Indonesia, Mexico, Moldova, and Trinidad and Tobago will remain in place.  Read More

Short Range Outlook : June 2020

Global longs export markets shrink further amid protectionism, Russians dominate As expected, things are getting more difficult for exporters in the global steel market. The EU opened fire with an antidumping investigation on HRC imports from Turkey, with Turkey firing back with duties on steel products from the EU. Canada started a similar investigation against imports of heavy plates from several countries, while Egypt has been working on a 10 percent... Read More

Short Range Outlook : May 2020

Impact of Covid-19 starts to hit home across the global long steel market The supply and demand situation in the global long steel products market has deteriorated as global economies are doing much worse today thanks to protectionist measures and the Covid-19 pandemic. There is oversupply of almost everything, except those items that suddenly end up being in short supply due to impacts on the supply chain. This does not include ‘shortages’ that... Read More

US revises dumping margins on imports of Turkish origin rebar

The US Department of Commerce has announced the final results of its administrative review of the antidumping duty against rebar imports from Turkey. Accordingly, the dumping margins for Turkish exporters ICDAS, Kaptan, Colakoglu and HABAS have been revised to zero. The review covered the period between March 7, 2017 and June 30, 2018. The cash deposit rate for all other producers or exporters will continue to be 7.26 percent  Read More

Malaysia issues final antidumping duty on rebar imports from Singapore and Turkey

Malaysia’s Ministry of International Trade and Industry has announced the final decision regarding the antidumping (AD) duty investigation against rebar imports from Turkey and Singapore. Accordingly, final antidumping duty rates for Singapore range between 4.97 percent for Nasteel Holdings and 17.65 percent for all others, while the duty rate for Turkish steelmaker Diler stands at 3.62 percent and the duty rate for all other Turkish producers stands... Read More

US DOC raises preliminary antidumping duty rates for Mexican rebar

The US Department of Commerce (DOC) announced new preliminary antidumping duties against reinforcing bar imports from Mexico after an administrative review. During the review period of Nov. 1, 2017 to Oct. 31, 2018, Mexican reinforcing bar producers Deacero and Grupo Simec were found to have made sales of reinforcing bar at less than normal value. As such, the DOC has issued higher preliminary dumping margins for both companies, along with all other... Read More

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