New Zealand starts antidumping duty probe for rebar imports from China and Malaysia

New Zealand’s Ministry of Business, Innovation and Employment has announced that it has initiated an antidumping (AD) investigation regarding reinforcing steel bar and coil imports from China and Malaysia and a countervailing duty (CVD) investigation for the same products imported from China. The investigations was launched upon the complaint from Pacific Steel, the sole producer of rebar in New Zealand, claiming that the mentioned goods imported... Read More

Short Range Outlook : August 2017

Good demand in global long steel products market backed by reasonable growth Demand in the global long steel products market is good and steady as reasonable growth is seen to be globally providing support for steel consumption. Chinese steel exports at 2014 levels playing huge role in global supply-demand balance Chinese steel exports are down to 2014 levels after having been considerably higher for the past three years. Obviously the reduced supply... Read More

Short Range Outlook : July 2017

Threat of new trade measures weighs on global long products market The threat of new trade measures in the US and of a counterreaction by the EU is weighing on all market players. The G20 summit will show us how the US administration and President Trump will move forward – whether he will prefer to continue with confrontation and the blockage of imports or whether he will soften his stance and come to a mutual agreement. Will the US become ‘an... Read More

Australia initiated antidumping review on rod in coils imports from China’s Zenith

Australia’s Antidumping Commission has announced that it has initiated a review regarding the antidumping order on imports of steel rod in coils from Chinese company Zenith Steel Group Co., Ltd (Zenith) to examine whether the variable factors relevant to the taking of the antidumping measures have changed. The review launched upon the application lodged by Zenith covers the period between April 1, 2016 and March 31, 2017 and covers the exports... Read More

Australia initiates antidumping review on rebar imports from China’s Zenith and Yonggang

Australia’s Antidumping Commission has announced that it has initiated a review regarding the antidumping order on imports of reinforcing bar from Chinese companies Zenith Steel Group Co., Ltd. (Zenith) and Jiangsu Yonggang Group Co., Ltd. (Yonggang) to examine whether the variable factors relevant to the taking of the antidumping measures have changed. The review launched upon the application lodged by Zenith and Yonggang covers the period... Read More

Final antidumping decision for billet imports from China to Pakistan

Pakistan’s National Tariff Commission has announced the final results of its antidumping duty investigation on imports of continuous casting billets from China. Accordingly, the commission has determined that the domestic industry suffered material injury due to the significant increase in the volume of dumped imports, significant price undercutting by the dumped imports, a decline in market share, a decline in sales, a decline in return on investment,... Read More

Egypt announced temporary antidumping duties on rebar imports from Turkey, Ukraine, and China

Egypt’s Ministry of Industry and Trade has announced the results of its antidumping duty investigation regarding imports of reinforcing bar from Turkey, Ukraine and China. Accordingly, for a period of four months, the ministry has calculated antidumping duties ranging between 10 percent and 19 percent for Turkey, between 15 percent and 27 percent for Ukraine and standing at 17 percent for China. The ministry has also suspended the imposition of... Read More

Short Range Outlook : June 2017

Exporting countries under pressure amid protectionism and increased capacities in traditional import markets The supply-demand balance in the global long steel products market has been worsening over the last few weeks. Protective actions such as antidumping and countervailing duty (CVD) cases and import taxes, coupled with increasing capacities in some traditional import markets, have put export-dependent countries in a difficult situation. Protective... Read More

Australia initiated antidumping review on imports of rebar from China’s Shagang and Valin

Australia’s Antidumping Commission has announced that it has initiated a review regarding the antidumping (AD) order on imports of rebar from Chinese companies Jiangsu Shagang Group Co., Ltd. and Hunan Valin Xiangtan Iron & Steel Co., Ltd. to examine whether the variable factors relevant to the taking of the antidumping measures have changed. The review launched upon the application lodged by Jiangsu Shagang and Hunan Valin covers the period... Read More

Australia initiates antidumping review on wire rod imports from China

Australia’s Antidumping Commission has announced that it has initiated a review regarding the antidumping order on imports of wire rod in coil from the below Chinese companies to examine whether the variable factors relevant to the taking of the antidumping measures have changed. Jiangsu Shagang Group Co., Ltd. Hunan Valin Xiangtan Iron & Steel Co., Ltd. The review launched upon the application lodged by both above companies covers the... Read More

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