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

Final margins for rebar imports from Taiwan to the US are announced

On July 21, 2017, the US Department of Commerce (DOC) announced its affirmative final determination in the antidumping duty (AD) investigation of imports of steel concrete reinforcing bar from Taiwan. Mandatory respondents Power Steel Co., Ltd. and Lo-Toun Steel and Iron Works Co., Ltd. received final dumping margins of 3.50 percent and 32.01 percent, respectively.  The DOC assigned the final margin of 3.50 percent to all other producers/exporters... Read More

US DOC revised final margins for rebar imports from Turkey

The US Department of Commerce (DOC) has announced that it has revised the final dumping and subsidy margins and cash deposit rates imposed on reinforcing bar imports from Turkey based on affirmative final determinations by the DOC and the US International Trade Administration (ITC). The DOC stated that it is amending its affirmative final determination for Turkey to correct ministerial errors. Accordingly, the new final dumping margins range between... 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

Australia started antidumping duty probe for rebar imports

Australia’s Antidumping Commission has announced that it has initiated an antidumping duty investigation regarding reinforcing bar imports from Greece, Indonesia, Spain (imports by Nervacero S.A), Taiwan (imports by Power Steel Co. Ltd) and Thailand. The application lodged by Australian steelmaker OneSteel Manufacturing Pty Ltd claims that the goods have been exported to Australia at prices less than their normal value and that the dumping has caused... Read More

EU imposes definitive antidumping duty on rebar imports from Belarus

The European Commission (EC) has announced that it has decided to impose definitive antidumping (AD) duty on imports of certain concrete reinforcing bar and rod imports from Belarus. Accordingly, the commission has calculated a definitive antidumping duty rate of 10.6 percent for Byelorussian Steel Works (BMZ) and all other producers in the country. In December last year, the commission imposed a provisional antidumping (AD) duty of 12.5 percent for... Read More

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