US DOC issues final antidumping duty review results for rebar from Mexico
The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping duty order on reinforcing bar imports from Mexico for the period between November 1, 2019, and October 31, 2020. Accordingly, the US DOC has determined that Mexican companies’ sales of the subject goods were made below normal value during the period of review. In addition, the DOC found that Deacero did not know that the subject product... Read More
US DOC issues preliminary antidumping duty decision on wire rod from S. Korea
The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the antidumping duty order on carbon and alloy steel wire rod from South Korea. During the review period from May 1, 2020, to April 30, 2021, South Korean steel producer POSCO was found to have not made sales of the given products at less than normal value. Accordingly, the DOC has calculated a weighted-average dumping margin of zero for the company.... Read More
EU’s duty suspension for Ukrainian products
The European Council has adopted a regulation allowing for trade liberalization and other trade concessions with regard to certain Ukrainian products for one year. The council stated that the regulation, which will come into force on June 4, 2022, will apply to the products either in transit from Ukraine to the EU or under customs control in the EU. All antidumping duties and safeguard measures on Ukrainian products are also lifted. According to the... Read More
US issues final results of antidumping review on rebar imports from Turkey
The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping (AD) duty order on reinforcing bar imports from Turkey for the period between July 1, 2019 and June 30, 2020. Accordingly, the US DOC has determined that Turkey’s sales of the subject goods were made below normal value during the period of review. Additionally, the DOC found that Colakoglu Metalürji did not make sales of the subject... Read More
US DOC amends its antidumping orders for rebar from Turkey again
The US Department of Commerce (DOC) has announced that it has again amended the order and the final determination regarding its antidumping investigation on imports of reinforcing bars from Turkey, on the grounds that the final determination was not in harmony with the United States Court of International Trade (CIT). Accordingly, the DOC has determined the following new dumping margins: HABAS – 3.96 percent ICDAS – 4.17 percent All others... Read More
Mexico extends antidumping duty on Ukrainian wire rod imports for five more years
Mexico’s economy secretariat, SE, extended existing anti-dumping (AD) duties over the imports of Ukrainian wire rod for five more years. SE said imports of the product, which falls under HS codes 7213.91.03 and 7213.99.99, will continue to be subject to a 41 percent AD levy. The decision follows a request from domestic producers Ternium Mexico, Deacero and TA 2000, formerly known as Talleres y Aceros, in August 2020. The extended antidumping duties... Read More
Short Range Outlook : November 2021
Supply and demand balanced in global longs market, energy costs and logistics bring uncertainties Supply and demand are balanced in the global long steel products market, as regional producers are now back to almost normal lead times. Energy prices are soaring and logistical challenges have made business more uncertain, though underlying demand remains solid in Europe and North America. The ongoing weakness in China may slow its imports, which could... Read More
US updates antidumping duty rates on Turkish origin rebars
The US Department of Commerce (DOC) has announced the final result of its administrative review of the antidumping duty (AD) order on reinforcing bar from Turkey. During the review period from July 1, 2018, to June 30, 2019, producers from Turkey were found to have made sales of reinforcing bars at less than normal value. Accordingly, the DOC has determined the following weighted-average dumping margins: ICDAS – 5.30 percent Kaptan Demir –... Read More
Canada issues final antidumping duty decisions for rebar imports from seven countries
The Canada Border Services Agency (CBSA) has announced that it has made a final determination regarding the antidumping duty (AD) investigation on certain rebar from Algeria, Egypt, Indonesia, Italy, Malaysia, Singapore and Vietnam. The investigation was initiated in September 2020, after a complaint filed by domestic steelmakers AltaSteel Inc., ArcelorMittal Long Products Canada G.P. and Gerdau Ameristeel Corporation, and the provisional antidumping... Read More
Australia maintains antidumping duty on rebar imports from China
Australia’s Antidumping Commission has announced that it has decided to maintain the antidumping (AD) duty on rebar imported from China for another five years until April 13, 2026. The sunset review was initiated on July 10, 2020, for the period from July 1, 2019 to June 30, 2020. The existing antidumping duty on rebar up to 50 mm diameter from China was imposed in 2016 at 19 percent. The products in question currently fall under Customs Tariff... Read More