Short Range Outlook : December 2017

Demand now even better in global longs market as China continues to stay away Supply and demand in the global long steel products market are still balanced following the price increases caused by the rising cost of production amid the tight electrode supply and higher costs of other raw materials. The good news is that there is even better demand compared to previous months as exports from China are still far from putting too much pressure on the... 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 revises preliminary antidumping duty rate on wire rod imports from South Korea

The US Department of Commerce (US DOC) has announced that it has amended the preliminary antidumping duty decision regarding the antidumping investigation on imports of carbon and alloy steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine, and the United Kingdom, upon a complaint lodged by US-based companies Gerdau Ameristeel US Inc., Keystone Consolidated Industries, Inc., and Charter Steel, alleging that the US DOC made a... 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

US DOC postponed final determinations in antidumping case against wire rod imports

The US Department of Commerce (US DOC) announced that it is postponing the deadline for issuing the final determinations in the antidumping investigations of carbon and alloy steel wire rod from Italy, Korea, Spain, Turkey, and the United Kingdom until no later than March 15, 2018. Further, the US DOC is extending the provisional measures from a four-month period to a period of not more than six months. As the deadline for the final determinations... 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 announces preliminary antidumping margins against wire rod imports

The US International Trade Commission (US ITC) has announced that it has imposed preliminary antidumping duty on imports of carbon and alloy steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine, and the United Kingdom. The US Department of Commerce is scheduled to announce its final determinations on or about January 8, 2018, while the ITC is scheduled to make its final injury determinations in February 22, 2018. The products... Read More

IREPAS in Athens: Global longs market in much better shape compared to 2016, but China needs to be watched

The 77th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Athens, Greece on September 24-26, 2017. There were 134 producer representatives among the 433 registered delegates from 44 different countries. There were also 76 registrations representing 43 different raw material suppliers. At the opening of the conference, Murat Cebecioglu, chairman of IREPAS, said he believed the outlook for the next quarter is very... 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

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