Short Range Outlook – November 2017
Supply and demand still balanced in global longs market amid lack of Chinese pressure Supply and demand in the global long steel products market remain balanced as exports from China are still not exerting too much pressure on the international market. Strong demand seen all around the world The World Steel Association (worldsteel) has updated its forecast for global steel demand... Read More
US DOC announces preliminary antidumping margins against wire rod imports
The US International Trade Commission (US ITC) has announced that it has imposed preliminary antidumping duty on imports of carbon and alloy steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine, and the United Kingdom. The US Department of Commerce is scheduled to announce its final determinations on or about January 8, 2018, while the ITC is scheduled... Read More
Pakistan imposes final antidumping duty on rebar imports from China
Pakistan’s National Tariff Commission has announced that it has imposed final antidumping duty on imports of deformed concrete reinforcing steel bars from China for a period of five years effective from October 23. The commission stated that the antidumping duty will not be levied on imports of the investigated product that are solely used as input in products destined solely... Read More
India imposes final antidumping duty on wire rod imports from China
India’s Ministry of Finance has announced that it has imposed a final antidumping duty on imports of wire rod of alloy or non-alloy steel from China. The antidumping duty rates for the mentioned imports are as follows: for China-based Minmetals Yingkou Medium Plate Co., Ltd : equivalent to the difference between the realized value of the subject goods and $535/mt for all... Read More
Aceros Arequipa of Peru asks to investigate rebar imports from Brazil and Mexico
Peruvian steelmaker Aceros Arequipa has filed a request at the country’s institute of competition defense and intellectual property (Indecopi) asking the authority to investigate imports of Brazilian and Mexican rebar, according to media reports this week. In the filing, dated June 27, Aceros Arequipa argued that imports of Brazilian and Mexican rebar have increased in Peru and... Read More
IREPAS in Athens: Global longs market in much better shape compared to 2016, but China needs to be watched
The 77th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Athens, Greece on September 24-26, 2017. There were 134 producer representatives among the 433 registered delegates from 44 different countries. There were also 76 registrations representing 43 different raw material suppliers. At the opening of the conference, Murat Cebecioglu, chairman... Read More
US DOC sets preliminary margins against wire rod imports from Belarus, Russia, and the UAE
The United States Department of Commerce (US DOC) announced preliminary findings that carbon and alloy steel wire rod from Belarus, Russia and the United Arab Emirates are being dumped in the US market. Preliminary margins are set as follows: Belarus : 280.02 percent Russia ... Read More
Short Range Outlook – September 2017
Further improvements in global long steel market amid lack of pressure from China Demand in the global long steel products market is good and has even been increasing slightly in almost all markets as there is no pressure from China on the international market. Strong domestic steel consumption in China reduces prospects for Chinese exports Some months ago, the consensus of steel... Read More
US DOC issues affirmative preliminary CVD rates for wire rod from Italy and Turkey
The US Department of Commerce (US DOC) announced the affirmative preliminary determinations in the countervailing duty (CVD) investigations of carbon and alloy steel wire rod, finding that exporters of subject merchandise from Italy and Turkey received countervailable subsidies. The petitioners are Gerdau Ameristeel US, Inc., Nucor, Keystone Consolidated Industries, and Charter... Read More
The programme of the 77th IREPAS meeting in Athens
September 24th, Sunday 19:00 – 22:00 Welcome cocktail at Wyndham Grand Athens September 25th, Monday 09:00 – 09:15 Welcome address by Chairman of IREPAS 09:15 – 10:30 SESSION ONE – Global economic outlook - Global Economic and Market Developments Vassilis Patikis, Piraeus Bank / Head, Economic Research & Investment... Read More