US amends final AD/CVD decision on wire rod imports from Turkey, Spain
The US Department of Commerce (US DOC) has announced that, with respect to its final determinations in the antidumping duty investigations of imports of carbon and alloy steel wire rod from Italy, South Korea, Spain, Turkey and the UK and countervailing duty investigations of the same imports from Italy and Turkey, to correct ministerial errors, it has amended the final antidumping duty rates for Turkey and Spain and the countervailing duty rates... Read More
US ITC rules that wire rod from five countries injures the US steel industry
The United States International Trade Commission (US ITC) today determined that a US industry is materially injured by reason of imports of carbon and certain alloy steel wire rod from Italy, Korea, Spain, Turkey, and the United Kingdom that the US Department of Commerce (US DOC) has determined are sold in the United States at less than fair value and subsidized by the governments of Italy and Turkey. As a result of the ITC’s affirmative determinations,... Read More
US DOC announced final decision on CVD review for Turkish rebar
The US Department of Commerce has announced final results of the administrative review on the countervailing duties (CVD) on Turkish rebar imports which were imposed in September 2014. The review covered the period between January 1, 2015 and December 31, 2015. Colakoğlu Metalurji and Icdas did not receive countervailable subsidies during the period of review, while the review for Agir Haddecilik and Habas was terminated as there were no entries... Read More
US DOC issues final AD/CVD decisions for wire rod imports from five countries
The US Department of Commerce (DOC) has announced its final determinations in the antidumping duty investigations of imports of carbon and alloy steel wire rod from Italy, South Korea, Spain, Turkey and the UK and countervailing duty investigations of the same imports from Italy and Turkey. Antidumping duty rates are as follows: Italy Ferriere Nord S.p.A. : 12.41% Ferriera Valsider S.p.A. ... Read More
Mexico lifts CVD on graphite electrode imports from China and UK
Mexico’s Ministry of Economy has announced that it has lifted the definitive countervailing duties (CVD) on the imports of graphite electrodes for electric arc furnaces (EAFs) from China and the UK. The duties were first imposed in September 2015. CVD rates for Chinese producers/exporters were as follows: M. Brashem Inc : 38% Jilin Carbon ... Read More
Canada starts antidumping reinvestigation againts rebar imports from several countries
The Canada Border Services Agency (CBSA) has announced that it has initiated an antidumping duty reinvestigation to update the normal values and export prices respecting certain concrete reinforcing bar (rebar) originating in or exported from China, South Korea, Turkey, Belarus, Taiwan, the Hong Kong Special Administrative Region of the People’s Republic of China, Japan, Portugal and Spain and a countervailing duty reinvestigation to update... Read More
US DOC postponed final determinations in antidumping case against wire rod imports
The US Department of Commerce (US DOC) announced that it is postponing the deadline for issuing the final determinations in the antidumping investigations of carbon and alloy steel wire rod from Italy, Korea, Spain, Turkey, and the United Kingdom until no later than March 15, 2018. Further, the US DOC is extending the provisional measures from a four-month period to a period of not more than six months. As the deadline for the final determinations... Read More
IREPAS in Athens: Global longs market in much better shape compared to 2016, but China needs to be watched
The 77th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Athens, Greece on September 24-26, 2017. There were 134 producer representatives among the 433 registered delegates from 44 different countries. There were also 76 registrations representing 43 different raw material suppliers. At the opening of the conference, Murat Cebecioglu, chairman of IREPAS, said he believed the outlook for the next quarter is very... Read More
Short Range Outlook – September 2017
Further improvements in global long steel market amid lack of pressure from China Demand in the global long steel products market is good and has even been increasing slightly in almost all markets as there is no pressure from China on the international market. Strong domestic steel consumption in China reduces prospects for Chinese exports Some months ago, the consensus of steel sector analysts was that steel demand in China would decrease during... Read More
US DOC issues affirmative preliminary CVD rates for wire rod from Italy and Turkey
The US Department of Commerce (US DOC) announced the affirmative preliminary determinations in the countervailing duty (CVD) investigations of carbon and alloy steel wire rod, finding that exporters of subject merchandise from Italy and Turkey received countervailable subsidies. The petitioners are Gerdau Ameristeel US, Inc., Nucor, Keystone Consolidated Industries, and Charter Steel. In the Italy CVD investigation, the US DOC calculated the following... Read More