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

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

Mexico to extend 15 percent duty on wire rod imports for six more months

Mexico’s economy secretariat, SE, will extend an existing 15 percent duty on certain steel imports for six more months, according to Mexican media citing the country’s economy secretary, Ildefonso Guajardo. The announcement was made this week by SE officials during a eeting with Canacero, Mexico’s steel association. The 15 percent duty is valid for certain steel imports for the countries Mexico does not have trade agreements with. The products... 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

Egypt starts antidumping investigation on wire rod imports from China, Turkey and Ukraine

According to market players, Egypt has launched an antidumping duty investigation against wire rod imports from China, Turkey and Ukraine, upon a request from domestic steel producers. Egypt also recently initiated an antidumping duty investigation against reinforcing bar imports from the countries in question.  Read More

Malaysia sets preliminary safeguard duty on imports of wire rod and debar in coils

The Malaysian government has announced the preliminary determinations in its safeguard investigation regarding imports of wire rod and deformed bar in coils. Accordingly, the preliminary safeguard duty rate is 13.90 percent for imports of wire rod and deformed bar in coils. The investigation launched in May this year upon the complaint lodged by Malaysia Steel Association (MSA) covers the period between October 1, 2012 and September 30, 2015. The... Read More

Mexico extends CVD on Ukrainian wire rod imports for five more years

Mexico’s economy secretariat, SE, has extended existing definite countervailing duties (CVD) already applied to the imports of non-alloyed wire rod from Ukraine, it said on Friday. According to SE, it found sufficient elements to determine that eliminating existing CVD over the imports of the product from Ukraine would result in the “repetition” of what it labeled as “unfair practices.” SE said the CVD was extended for five more years counting... Read More

Short Range Outlook : August 2016

Global long steel products market still in critical situation despite greater price stability The global long steel products market is still in a critical situation as market activity has been pretty slow for a long time. Demand in the market has softened but supply remains the same. Buyers have been receiving offer alternatives but they are not in a hurry to buy. As such, sizable purchases have not been observed over the past two months. Under these... Read More

Next Page »

Archives