China cancels export tax on finished steel products
Chinese authorities have announced that taxes on exports of steel products including deformed reinforcing bars and wire rods will be cancelled from January 1st onwards, taking into consideration the industrial developments and changing export market conditions. It is also announced that the tax on exports of steel billets will be reduced to 10 percent from the current level of 15... Read More
Egypt maintains antidumping duties on rebar imports
Egypt’s Ministry of Industry and Trade has decided to maintain the antidumping duties imposed on rebar imports from Turkey, Ukraine and China for a period of five years as of today, December 6, according to a report by Reuters. The ministry first imposed the antidumping duties on rebar imports from the three countries in question in June this year for a period of four months and... Read More
Canada starts antidumping reinvestigation againts rebar imports from several countries
The Canada Border Services Agency (CBSA) has announced that it has initiated an antidumping duty reinvestigation to update the normal values and export prices respecting certain concrete reinforcing bar (rebar) originating in or exported from China, South Korea, Turkey, Belarus, Taiwan, the Hong Kong Special Administrative Region of the People’s Republic of China, Japan, Portugal... Read More
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... 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) ... 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... 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 ... Read More
Australia imposes preliminary antidumping duty on rebar imports from five countries
Australia’s Antidumping Commission has announced that it has imposed preliminary antidumping duty rates on reinforcing bar imports from Greece, Indonesia, Spain (imports by Nervacero S.A), Taiwan (imports by Power Steel Co. Ltd) and Thailand. The provisional antidumping duty rates are as follow: Greece Uncooperative and all other exporters : 42.1% Indonesia PT... Read More
US DOC announces preliminary antidumping margins on wire rod imports from Mexico
The US Department of Commerce (US DOC) has announced the preliminary results of the administrative review on the antidumping duty against the wire rod imports from Mexico. The review covered two Mexican producers/exporters, ArcelorMittal Las Truchas and Deacero, during the period from October 1, 2015 through September 30, 2016. The US DOC has determined that ArcelorMittal Las Truchas... 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... Read More