US issues preliminary anti dumping decision on rebar from Turkey
The US Department of Commerce (DOC) has announced the preliminary results of its administrative reviews of the antidumping duty orders on reinforcing steel bar from Turkey. During the review period from July 1, 2022, to June 30, 2023, some Turkey producers were found to have made sales of the given products at less than normal value. The DOC has determined a weighted-average dumping... Read More
The 91st IREPAS meeting will be held in Paris, France
The 91st IREPAS meeting will be held from September 15th to 17th, 2024 in Paris, France in conjunction with the SteelOrbis Fall’24 Conference. There are already over 260 registrations, including 82 by raw material suppliers and 70 by producers. The details can be found here. Read More
Short Range Outlook : July 2024
Lack of Chinese government action could cause great damage to global longs industry The supply and demand balance in the global long steel products market is becoming more unstable, with China now actively moving steel billets at the lowest prices. Finished products from China continue to dominate most markets, both in the long and flat segments. Even though there is a lot of material... Read More
Turkey extends temporary safeguard measure on wire rod imports for three years
Turkey, having announced a temporary safeguard protection measure on alloyed and non-alloyed wire rod imports at the beginning of this year, has decided to extend the measure for another three years. As a result of minor changes made in the decision, wire rod importers will be subject to a tax liability of $175/mt during June 15, 2024-January 6, 2025; $170/mt during January 7,... Read More
Canada issues preliminary antidumping margins on wire rod imports from three countries
The Canada Border Services Agency (CBSA) has announced the preliminary determination of its antidumping (AD) duty investigation against certain wire rod from China, Egypt and Vietnam. The estimated dumping margins are as follows: China : 50.9 percent and 71.1 percent Egypt : 49.7 percent and 99.8 percent Vietnam : 6.1 percent, 18.3 percent, 38.9 percent The products subject to... Read More
US issues preliminary antidumping review results 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 from South Korea-based POSCO. During the review period from May 1, 2022, to April 30, 2023, South Korean producer POSCO was found to have made sales of the subject products at less than normal value. The DOC... Read More
Short Range Outlook : June 2024
Gloom persists in global longs market, no sign yet of corner being turned Demand in the global long steel products market continues to lag behind supply and the bottom of the market may not have been seen yet. The steel volumes being produced and being consumed are not growing. On the contrary, they are down in most regions. A lot depends on China Everyone one is expecting some... Read More
EU extends steel safeguard measures for another two years, technical adjustments made for wire rods
The European Commission has announced that it has decided to extend the safeguard measures on imports of 26 steel products for another two years until June 30, 2026, finding that the safeguard measure continues to be necessary to prevent serious injury. Without the extension, the current quota measures would expire on June 30, 2024. There are also some technical adjustments to the... Read More
US DOC removes Section 232 exemptions for six steel products
The Bureau of Industry and Security of the US Department of Commerce (DOC) has published a final rule that revises the Section 232 exclusion process for steel and aluminum imports discussed in the five previous interim final rules. Accordingly, the DOC has lifted Section 232 import duty exemptions for 12 products including six steel and six aluminum products by removing the products... Read More
The 91st IREPAS meeting will be held in Paris, France
The 91st IREPAS meeting will be held on September 15-17, 2024 in Paris, France in conjunction with the SteelOrbis Fall’24 Conference. Details will be announced later. Read More