Ukraine levies import duty on imports of reinforcing bars from Belarus

According to a statement published in the country’s Official Gazette on November 25, Ukraine has imposed a special customs duty on imports of reinforcing bars from Belarus, citing Belarus’s discriminatory and unfriendly acts against Ukrainian exporters of similar products. Accordingly, Ukraine’s interdepartmental commission on international trade has imposed a 16.08 percent special customs duty on ex-Belarus steel deformed bars of up to 40 mm... Read More

US DOC issues preliminary review results for reinforcing bars from Turkey

The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the antidumping duty order on steel concrete reinforcing bar from Turkey. During the review period from July 1, 2018, to June 30, 2019, Turkish rebar producers were found to have made sales of rebar at less than normal value. Accordingly, the DOC has calculated the following weighted-average dumping margins: Icdas                ... Read More

Short Range Outlook : November 2020

Global longs market becomes even more regionalized amid widespread protectionism The global long steel products market is becoming even more regionalized. All the safeguard measures, tariffs and antidumping and countervailing cases are reducing the global exchange of products more and more. The Covid-19 pandemic gives producers in certain markets the pretext to lobby their governments with even more arguments to get their domestic markets protected... Read More

EU reduces import quota volumes after UK’s inclusion in quota regime

The European Commission, which has now included the UK among the countries that are subject to import quotas for steel products, has also reduced the existing quota volumes for other countries which were already under the quota scheme. The reduced quotas will be in force as of January 1, 2021, and so in the two last quarters under the quota regime the countries will have less opportunity to export to the EU. The EC said that the changes in quota volumes... Read More

EU announces import steel quota volumes for UK

The European Commission (EC) has announced the imposition of definitive safeguard measures on imports of certain steel products from the UK, as they will not be in the same trading area with the UK after Brexit. Without this specific quota for the UK, the UK steel sector could have faced a £80 million bill from EU steel safeguard tariffs in the first half of 2021, UK Steel and Steel Trade Union Community stated. The UK will be subject to a 25 percent... Read More

EU initiates expiry review on imports of wire rod from China

The European Commission has announced that it has initiated an expiry review of the antidumping duty on imports of wire rod from China. The application for the review was filed by the European Steel Association (EUROFER), alleging that the expiry of the existing measures would be likely to result in continuation or recurrence of dumping and injury to the EU industry. The investigation of a continuation or recurrence of dumping will cover the period... Read More

US DOC issues final results of antidumping review on certain reinforcing bars from Taiwan

The US Department of Commerce (DOC) has announced its final results of the administrative review of antidumping (AD) on imports of steel concrete reinforcing bar from Taiwan. As a result of the review on antidumping duties, the DOC has determined that Taiwan-based Power Steel Co. Ltd made sales of steel concrete reinforcing bar in the US at less than normal value during the period of review, March 7, 2017, through September 30, 2018. The DOC calculated... Read More

Canada starts antidumping probe on rebar imports from seven countries

The Canada Border Services Agency (CBSA) has announced that it has initiated an antidumping duty investigation on certain concrete reinforcing bar from Algeria, Egypt, Indonesia, Italy, Malaysia, Singapore and Vietnam, after a complaint filed by Canadian steelmakers AltaSteel Inc., ArcelorMittal Long products Canada G.P. and Gerdau Ameristeel Corporation. The products subject to antidumping duty investigation currently fall under Customs Tariff Statistics... Read More

83rd IREPAS meeting : Global long steel demand more or less same as before pandemic

The  83rd meeting of IREPAS (the International Rebar Exporters and Producers Association) was held as a virtual event to ensure the health and well-being of all participants, on September 21, 2020 in conjunction with the SteelOrbis Fall’20 Conference. There were 205 producer representatives among the 627 registered delegates from a total of 53 different countries. There were also 73 registrations representing 35 different raw material suppliers. At... Read More

Short Range Outlook : September 2020

Global longs market driven by signals from China, sees greater regionalization The situation in the global long steel products market has not changed much since last month. Almost the whole market is driven by daily news and signals from China. It seems that, apart from China, there seems to be a smaller other global market. Buyers and producers are acting more regionally due to the Covid-19 coronavirus pandemic and safeguard measures. The overall... Read More

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