Canada to maintain antidumping duties on rebar imports from six countries
The Canadian International Trade Tribunal (CITT) has announced that it will continue to impose antidumping (AD) duty on reinforcing bar imports from six countries, namely, Belarus, Taiwan, Hong Kong, Japan, Portugal, and Spain, following the conclusion of the expiry review. The applicable duties range between 2.4 percent and 108.5 percent. The antidumping duties were imposed in... Read More
Information on 88th IREPAS meeting in Barcelona, Spain
We are delighted to confirm that our first meeting in 2023, the 88th IREPAS meeting will be held at the InterContinental Barcelona on May 7-9 in conjunction with the SteelOrbis Spring’23 Conference. You may find all details including the agenda and registration information at the following link. Read More
Short Range Outlook : December 2022
First quarter of 2023 could be very difficult for global long products market Raw material costs are increasing once again and energy prices are expected to be very high at least until March 2023. Mills are facing cost pressures once more in the global long steel products market. Business activity has been reduced during the past month and, even though scrap and iron ore prices... Read More
The 88th IREPAS meeting will be held in Barcelona, Spain
The 88th IREPAS meeting will be held on May 7th to 9th, 2023 in Barcelona, Spain in conjunction with the SteelOrbis Spring’23 Conference. Details will be announced later. Read More
US issues preliminary antidumping duty review results for rebar from Mexico
The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the antidumping (AD) duty order on reinforcing bars imported from Mexico for the period between November 1, 2020, and October 31, 2021. Accordingly, the US DOC has determined that Mexican companies’ sales of the subject goods were made below normal value during the period... Read More
India scraps export taxes on steel and some raw materials, adds import tariffs on coal and coke
In a slew of tariff changes, the Indian government has scrapped export duties on pig iron, specified iron and steel products and pellets, according to a government notification late on Friday, November 18. As a result, 15 percent export duties from India on major longs and flat steel products, as well as pig iron, have been lowered to zero, while the export duty of 45 percent on... Read More
UK extends antidumping duty on wire rod imports from China
The UK government has announced that it has accepted the UK Trade Remedies Authority’s (TRA) recommendation regarding antidumping measures on imports of wire rod from China. The TRA recommended that the antidumping measures on wire rod from China be maintained at 7.9-24 percent until January 30, 2026, finding that dumping would be likely to occur again if the measures were removed. The... Read More
Short Range Outlook : November 2022
Demand at crisis levels in global longs market, unlikely to improve in coming months Demand in the global long steel products market is either very low or there is no demand at all, depending on the region. Overall demand is less than real supply and possible supply increases. The demand for ferrous materials has also slowed down considerably as industrial outlooks have lost visibility.... Read More
IREPAS in Monaco: The current crisis is a once-in-a-generation event
The 87th meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Monaco, on October 9-11, 2022, in conjunction with the SteelOrbis Fall ’22 Conference. There were 108 producer representatives from 40 different companies among the 407 registered delegates from a total of 48 different countries. There were also 69 registrations representing 43... Read More
US DOC continues CVD order on reinforcing bar imports from Turkey
The US Department of Commerce (DOC) has announced the final results of the sunset review on the countervailing duty (CVD) order on rebar from Turkey. The DOC found that revocation of the countervailing duty (CVD) order on the given product from the country would be likely to lead to a continuation or recurrence of subsidies. The final subsidy rate is at 15.99 percent for Habas Sinai... Read More