US ITC affirms antidumping duties for wire rod imports from Belarus, Russia and UAE

The United States International Trade Commission (US ITC) today affirmed the US Department of Commerce’s (US DOC) final determinations in the investigation of imports of carbon and certain alloy steel wire rod from Belarus, Russia, and the United Arab Emirates. As a result of the US ITC’s affirmative determinations, the US DOC will issue antidumping duty orders on imports of this product from Belarus, Russia, and the United Arab Emirates. Final... Read More

US DOC announced final antidumping margins on wire rod imports from Belarus, Russia, and UAE

The US Department of Commerce (US DOC) determines that imports of carbon and alloy steel wire rod from Belarus, Russia, and the United Arab Emirates are being, or are likely to be, sold in the United States at less than fair value. The final estimated weighted-average dumping margins are as follows: Belarus BSW (BMZ)                                         : 280.02% Russia Abinsk Electric Steel Works Ltd     :... Read More

US DOC announced final antidumping duties on wire rod imports from Belarus, Russia, UAE

The US Department of Commerce (US DOC) has announced its final determinations in the antidumping duty investigation of imports of carbon and alloy steel wire rod from Belarus, Russia and the United Arab Emirates (UAE). Accordingly, the US DOC calculated the below final dumping margins for the mentioned imports from the three countries: Belarus Belarus-Wide Entity                                     : 280.02% Russia Abinsk... Read More

Short Range Outlook – November 2017

Supply and demand still balanced in global longs market amid lack of Chinese pressure Supply and demand in the global long steel products market remain balanced as exports from China are still not exerting too much pressure on the international market. Strong demand seen all around the world  The World Steel Association (worldsteel) has updated its forecast for global steel demand for 2017, forecasting around seven percent growth compared to 2016.... Read More

US DOC sets preliminary margins against wire rod imports from Belarus, Russia, and the UAE

The United States Department of Commerce (US DOC) announced preliminary findings that carbon and alloy steel wire rod from Belarus, Russia and the United Arab Emirates are being dumped in the US market. Preliminary margins are set as follows: Belarus                                : 280.02 percent Russia                                  : 436.80-756.93 percent UAE                                     ... 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 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

Short Range Outlook : November 2016

Global long steel products market enjoys its best environment since 2013 The global long steel products market is currently enjoying its best environment since 2013, while sentiment has improved significantly. Supply and demand in the market are now a lot more in equilibrium compared to previous months. Fewer offers from China and Russia seen in global market Demand had made a weak start to October, as sellers were continuing with their seasonal fourth... Read More

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