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

US ITC confirms US DOC margins on rebar imports from Turkey and Japan

The United States International Trade Commission (US ITC) determined that the US industry is materially injured by reason of imports of steel concrete reinforcing bar from Japan and Turkey that the US Department of Commerce (DOC) has determined are sold in the United States at less than fair value and subsidized by the government of Turkey. Chairman Rhonda K. Schmidtlein, Vice Chairman David S. Johanson, and Commissioners Irving A. Williamson, Meredith... Read More

US DOC revises Mexican rebar duties in final administrative review

The US Department of Commerce (DOC) announced today the final results of an administrative review of antidumping duties against two Mexican producers of reinforcing bar, Deacero and Grupo Simec. The period of review was April 24, 2014, through October 31, 2015. According to the ruling, the weighted-average dumping margins are as follows: Deacero - 0.56 percent (previously 20.58 percent) Grupo Simec - 0.00 percent (previously 66.7 percent) The... Read More

Turkey to lower import duty on reinforcing bar from 30 percent to 10 percent

Turkish economy minister Nihat Zeybekci has stated that the import duty on reinforcing bar will be reduced to 10 percent from the current level of 30 percent, adding that the Turkish cabinet of ministers’ decision will be announced officially soon, according to a reports at Turkish press.  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

US DOC issues final AD/CVD margins for rebar from Turkey and Japan

The US Department of Commerce (US DOC) has announced its final determinations in the antidumping (AD) duty investigation of rebar imports from Japan and Turkey and also its final determination in the countervailing duty (CVD) investigation of imports of rebar from Turkey. Accordingly, the US DOC has calculated final dumping margins ranging from 5.39 percent and 209.46 percent for the two countries in question. Meanwhile, the final subsidy margin for... Read More

Short Range Outlook : May 2017

Better supply-demand balance in global longs market but China, trade measures and strong price competition keep the pressure on The supply-demand balance  in the global long steel products market has been stable and more in equilibrium recently, compared to previous times, especially in China. Such a balance has been helping buyers to maintain their positive sentiment although, on the other hand, price volatility in raw materials and final products... Read More

IREPAS in Budapest: Market players optimistic about outlook for steel

The 76th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Budapest, Hungary on March 26-28, 2017. There were 107 producer representatives among the 352 registered delegates from 40 different countries. There were also 58 registrations representing 35 different raw material suppliers. At the opening of the conference, Murat Cebecioglu, chairman of IREPAS said that the steel industry has once again succeeded in... Read More

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