Colombia extended existing antidumping duties on imports of wire rod from China
Colombia’s ministry of commerce, industry and tourism, MINCIT, has extended existing provisional antidumping duties on the imports of wire rod from China, it said. According to MINCIT, the levies were extended for two more months, and correspond to the “difference between base FOB $541.06/mt price and the FOB price declared for the imported product, always and whenever the last... Read More
Australia imposes preliminary antidumping duty on wire rod imports from China
Australia’s Antidumping Commission has announced that it has imposed a preliminary antidumping duty against Chinese wire rod imports. Accordingly, the preliminary dumping duty rates are as follows: Hunan Valin Xiangtang Iron & Steel Co. Ltd – 32.1 percent, Jiangsu Shangang Group Co., Ltd – 28.2 percent, Uncooperative and all other exporters from China –... Read More
Antidumping duty requested on Deacero’s rebar exports to Chile
Chile’s CAP Acero and Gerdau requested that the Chilean price distortion commission, CNDP, investigate antidumping practices over the imports of rebar from Mexican producer Deacero, according to a document filing published at the nation’s Diario Oficial, Chile’s official gazette. According to the filing, Deacero exported rebar to Chile at lower prices. CNDP used ex-works export... Read More
India announced minimum import prices
India’s Ministry of Commerce and Industry has announced a minimum import price for steel imports, valid for six months from the date of notification, February 5, or until further announcements. Imports covered by letters of credit already entered into before the date of notification will be exempt from the minimum import price implementation. The minimum steel import prices for... Read More
Australia revises preliminary antidumping duty rates on imports of rebar from China
Australia’s Antidumping Commission has announced that it has revised its preliminary antidumping duty rates for reinforcing bar imports from China. The revised duty rates are as follows: Shandong Shiheng Special Steel Group : 9.3 percent Shandong Iron and Steel Company Limited, Laiwu Company : 5.8 percent Jiangsu Yonggang Group Co. Ltd. : 13.5 percent Hunan Valin Xiangtan Iron... Read More
Short Range Outlook : February 2016
Slightly better conditions in global long steel market but significant risk still exists Conditions in the global long steel products market are slightly better as we can see a “better” supply and demand balance in China and the US due to output cuts at the end of 2015 and amid the restocking cycle in North America and Europe during the first quarter of 2016. On the other... Read More
74th IREPAS meeting will be held in Lisbon
The 74th IREPAS meeting will be held on April 10th to 12th, 2016 at the Sheraton Lisboa Hotel & Spa in Lisbon, Portugal in conjunction with the SteelOrbis Spring 16′ Conference. All required information can be found here. Read More
EUROFER not happy with the provisional antidumping duty on Chinese HFP rebar imports
The European Steel Association (EUROFER) has stated that it welcomes the European Commission’s imposition of provisional antidumping measures on imports of Chinese origin high fatigue performance (HFP) rebar, but also questions their effectiveness in actually deterring wider Chinese dumping. According to EUROFER, the provisional measures, as low as nine percent, cannot remedy... Read More
Provisional antidumping duty imposed on HFP rebar imports from China to the EU
The European Commission has announced that it has decided to impose provisional antidumping duty on high fatigue performance (HFP) rebar imports from China for a period of six months. The investigation was launched on April 30, 2015 as a result of an application by EUROFER, alleging that imports of HFP rebar from China have increased in absolute terms and in terms of market share.... Read More
Announcement of the Appointment of New Chairman of the Board of Directors
IREPAS is pleased to announce the appointment of Mr. Murat Cebecioglu as the new Chairman of its Board. Mr. Murat Cebecioglu, Export Manager of ICDAS since 2009 succeeds Mr. Kim Marti. IREPAS would like to convey its appreciation to Mr. Kim Marti. His leadership, talent and expertise have been a great asset to the Association in his time as Chairman and we are pleased to have his... Read More