Our Mission

Our mission is; to develop understanding between producers, traders and consumers of long steel products around the world;

to add value to international trading activities of our members by providing an environment facilitating better relationships with the shipping and finance industries as well as inspection services;

to help our members reach useful information about the markets around the globe;

to facilitate an environment in which our members can meet new parties to create business opportunuties;

to create a better atmosphere for fair business.

News

CVD duty investigation for Chinese rebar imports initiated in Australia

Australia’s Antidumping Commission has announced that it has initiated a countervailing (CVD) duty investigation against Chinese rebar imports. The duty investigation launched by following an application lodged by domestic producer OneSteel Manufacturing Pty Ltd claims that the goods were in receipt of countervailable subsidies from China and that the subsidization has caused material injury to [...]

China to cut export tax on steel billets

China will cut export tariffs on high-purity pig iron to 10 percent and some steel billets to 20 percent on Jan. 1 , down from a temporary rate of 25 percent this year, the Ministry of Finance said in a statement on its website.

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