Short Range Outlook : August 2017

Good demand in global long steel products market backed by reasonable growth Demand in the global long steel products market is good and steady as reasonable growth is seen to be globally providing support for steel consumption. Chinese steel exports at 2014 levels playing huge role in global supply-demand balance Chinese steel exports are down to 2014 levels after having been considerably higher for the past three years. Obviously the reduced supply... Read More

Short Range Outlook : July 2017

Threat of new trade measures weighs on global long products market The threat of new trade measures in the US and of a counterreaction by the EU is weighing on all market players. The G20 summit will show us how the US administration and President Trump will move forward – whether he will prefer to continue with confrontation and the blockage of imports or whether he will soften his stance and come to a mutual agreement. Will the US become ‘an... Read More

Australia initiated antidumping review on rod in coils imports from China’s Zenith

Australia’s Antidumping Commission has announced that it has initiated a review regarding the antidumping order on imports of steel rod in coils from Chinese company Zenith Steel Group Co., Ltd (Zenith) to examine whether the variable factors relevant to the taking of the antidumping measures have changed. The review launched upon the application lodged by Zenith covers the period between April 1, 2016 and March 31, 2017 and covers the exports... Read More

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

Australia starts antidumping duty probe for rod in coils from Indonesia, S. Korea and Vietnam

Australia’s Antidumping Commission has announced that it has initiated an antidumping duty investigation regarding imports of rod in coils from Indonesia, South Korea and Vietnam. The application lodged by Australian steelmaker OneSteel Manufacturing Pty Ltd claims that the goods in question have been exported to Australia at prices less than their normal value and that the dumping has caused material injury to the Australian industry through price... 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

Australia initiates antidumping review on wire rod imports from China

Australia’s Antidumping Commission has announced that it has initiated a review regarding the antidumping order on imports of wire rod in coil from the below Chinese companies to examine whether the variable factors relevant to the taking of the antidumping measures have changed. Jiangsu Shagang Group Co., Ltd. Hunan Valin Xiangtan Iron & Steel Co., Ltd. The review launched upon the application lodged by both above companies covers the... 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

Chile sets definite antidumping duties on wire rod imports from China

The Chilean government has applied definite, ad-valorem anti-dumping duties over the imports of Chinese wire rod. The Chilean government accepted the recommendation of the country’s price distortion commission, CNDP, and has decided to apply definite duties ranging from 28.8 to 38.0 percent over the imports of Chinese origin wire rod. The duties were effective as of April 22, 2017, and will last for one year. According to the Chilean government,... Read More

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