US DOC revises preliminary antidumping duty rate on wire rod imports from South Korea

The US Department of Commerce (US DOC) has announced that it has amended the preliminary antidumping duty decision regarding the antidumping investigation on imports of carbon and alloy steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine, and the United Kingdom, upon a complaint lodged by US-based companies Gerdau Ameristeel US Inc., Keystone Consolidated Industries, Inc., and Charter Steel, alleging that the US DOC made a... 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

US DOC announces preliminary antidumping margins against wire rod imports

The US International Trade Commission (US ITC) has announced that it has imposed preliminary antidumping duty on imports of carbon and alloy steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine, and the United Kingdom. The US Department of Commerce is scheduled to announce its final determinations on or about January 8, 2018, while the ITC is scheduled to make its final injury determinations in February 22, 2018. The products... 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

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

US ITC votes to continue investigation into wire rod imports from 10 countries

The US International Trade Commission (USITC) today determined that there is a reasonable indication that a US industry is materially injured or threatened with material injury by reason of imports of carbon and certain alloy steel wire rod from Belarus, Italy, Korea, Russia, South Africa, Spain, Turkey, Ukraine, the United Arab Emirates, and the United Kingdom that are allegedly sold in the United States at less than fair value and subsidized by... Read More

US DOC initiates AD/CVD investigation into wire rod imports

The US Department of Commerce (DOC) announced on April 18th, the initiation of antidumping duty investigations of imports of carbon and alloy steel wire rod from Belarus, Italy, Korea, Russia, South Africa, Spain, Turkey, Ukraine, the United Arab Emirates, and the United Kingdom, and companion countervailing duty CVD investigations of imports of carbon and alloy steel wire rod from Italy and Turkey. Alleged dumping margins are as follows: Belarus :... Read More

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 injury to the domestic industry. The petitions allege that producers... 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 importer of Italian origin reinforcing bars, imposed an import licence... Read More

Italy includes Ferriere Nord and Riva Acciaio in cartel probe

The Italian Competition Authority has included two Italian reinforcing bar producers, Ferriere Nord and Riva Acciaio, in its investigation launched in October 2015 on major Italian companies that produce and sell reinforcing bar and steel mesh. This inclusion came after a separate investigation regarding Nuovo Campsider Association, a branch of the Italian steel association Federacciai, found that market information regarding scrap was shared among... Read More

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