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
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
Final margins issued on wire imports from Mexico to the US
The US Department of Commerce (US DOC) has released its final results in the administrative review of the antidumping order on carbon and certain alloy steel wire rod from Mexico. The review covered two Mexican producers/exporters, ArcelorMittal Las Truchas and Deacero, during the period from October 1, 2014 through September 30, 2015. The US DOC assigned a final dumping margin of 40.52 percent to Deacero, based on adverse facts available (AFA) because... 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
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
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
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
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