Mexico initiates antidumping review on rebar imports from Brazil
The Mexican government has initiated an antidumping duty review on reinforcing bar imports from Brazil, according to the official Mexican gazette. The review period is set from July 1, 2024 to June 30, 2025, and the analysis period is set from July 1, 2020 to June 30, 2025. The product is imported through tariff item 7214.20.02 of the General Import and Export Taxes Law (TIGIE).... Read More
US assigns preliminary antidumping margin of 18.87% on rebar imports from Turkey’s Colakoglu
The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the antidumping duty orders on rebar from Turkey. During the review period from July 1, 2023, to June 30, 2024, Colakoglu Metalurji A.S. and Colakoglu Dis Ticaret A.S. were found to have made sales of the given products at less than normal value. The DOC has determined a weighted-average... Read More
US issues final antidumping margins for wire rod imports from Mexico
The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping duty order on carbon and certain alloy steel wire rod imports from Mexico between October 1, 2022, and September 30, 2023. The US Department of Commerce has determined that producers/exporters subject to this review made sales of the subject merchandise at less than... Read More
US issues preliminary results of antidumping review on wire rod from S. Korea’s POSCO
The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the antidumping duty order on carbon and certain alloy steel wire rod (wire rod) from South Korea between May 1, 2023, and April 30, 2024. The US Department of Commerce (DOC) has preliminarily found that POSCO and POSCO International Corporation (PIC) (collectively, POSCO),... Read More
Canada initiates expiry reviews of antidumping duty on rebar imports from three countries
The Canada Border Services Agency (CBSA) has announced that it has initiated an expiry review of the antidumping (AD) duty on reinforcing bar imports from China, South Korea and Turkey and an expiry review of the countervailing duty (CVD) on the given product from China. The CBSA will make a determination no later than December 19, 2025, and will issue a statement of reasons by... Read More
EU launches consultation on new steel safeguard measures to combat trade risks
The European Commission has announced the launch of a consultation process aimed at shaping the next generation of steel safeguard measures. Industry stakeholders have until August 15 to submit input. These consultations will feed directly into the formulation of replacement measures for the current safeguards, which expire on June 30, 2026. The upcoming protection framework is... Read More
Malaysia takes action to prevent scrap export duty evasion
Malaysia is taking a firm stand against tax evasion in its steel industry. With the launch of the Malaysian Anti-Corruption Commission’s (MACC) “Ops Metal” operation this month, an enforcement action to address widespread evasion of the country’s 15 percent export duty on scrap metal, the country is cracking down on the illegal export of scrap metal. Backed by the Malaysian... Read More
India-EFTA FTA to come into effect on October 1
The India-EFTA (European Free Trade Association) free trade agreement (FTA) will come into effect from October 1, 2025, India’s commerce minister, Piyush Goyal, said in a statement on Monday, July 21. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. Minister Goyal said that the two sides had signed a Trade and Economic Partnership... Read More
US imposes 35 percent tariffs on Canadian imports starting August 1
US President Donald Trump has declared 35 percent tariffs on Canadian imports, effective August 1, through an official letter sent to Canadian Prime Minister Mark Carney. The move aims to address both the ongoing fentanyl crisis and the high US-Canada trade deficit, which Trump argues are harming American interests. The 35 percent tariffs will be applied across Canadian goods, outside... Read More
US to impose 50 percent tariff on all imports from Brazil
US President Donald Trump has notified Brazilian President Luiz Inacio Lula da Silva, starting August 1, all imports from Brazil will face an additional 50 percent tariff at US customs. Read More