IREPAS in Rome: Participants agree prices are close to the bottom
The 73rd meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Rome, Italy on October 4-6, 2015. There were 84 producer representatives among the 284 registered delegates from 35 different countries. There were also 30 registrations representing 22 different raw material suppliers. IREPAS chairman Kim Marti stated during his opening address that... Read More
The program of the 73rd IREPAS meeting
October 4th, Sunday 19:00 – 22:00 Welcome Cocktail at Parco dei Principi Grand Hotel & Spa October 5th, Monday 09:00 – 09:15 Welcome address by Chairman of IREPAS – Kim Marti 09:15 – 10:30 SESSION ONE “The Many Futures of an Industry – Targets,... Read More
Chilean producer applies for antidumping investigation against wire rod imports from China
According to media reports, Chilean steel producer CAP Acero has requested the nation’s price distortion commission, CNDP, to start antidumping investigations on the imports of wire rod from China. The Chilean producer reportedly blamed the Chinese imports of the product for the “damages” it has caused to the local steel industry, as wire rod imports from China have reached... Read More
Mexico reviews duties on Ukrainian imports of wire rod
In the same week it announced antidumping duties on imports of Chinese graphite electrodes for electric arc furnaces and commenced investigations on wire rod imports from China, Mexico’s economy secretariat, SE, said it will review existing countervailing duties applied on imports of wire rod from Ukraine. SE said the 41 percent countervailing duties that were applied for the... Read More
Australia revised preliminary antidumping duty on imports of rebar
The Australian Government Antidumping Commission has announced that it has revised the preliminary antidumping (AD) duty on rebar imports from South Korea, Singapore, Spain and Taiwan. The preliminary antidumping rates now range between 9.7-14.3 percent for South Korea, 3-8.2 percent for Spain, 6.6 percent for Singapore and 4.7-8.9 percent for Taiwan. The antidumping duty investigation... Read More
Short Range Outlook : September 2015
Long steel demand reasonable in Europe and North America for the season Trade for long steel products has been slower due to summer breaks in the northern hemisphere, although demand in Europe and North America could be described as reasonable for the season. Oversupply remains biggest problem Some oil producer countries are showing the effects of oil price reductions in terms of... Read More
Mexico started AD investigation against wire rod imports from China
The Mexican economy secretariat, SE, has started AD investigations on imports of wire rod from China, it said on September the 1st, following recent countervailing duties applied on imports of graphite electrodes for electric arc furnaces from the Asian country. SE said it accepted the request of local producers ArcelorMittal, Deacero and Ternium, which claim the imports of the... Read More
AD duty investigation initiated against Chinese wire rod imports to Australia
Australia’s Antidumping Commission has announced that it has initiated an antidumping (AD) duty investigation against Chinese wire rod imports. The duty investigation launched following an application lodged by domestic wire rod producer OneSteel Manufacturing Pty Ltd covers the period between July 1, 2014 and June 30, 2015. The application alleges that Chinese wire rod has been... Read More
Short Range Outlook : July 2015
Reasonable demand in many markets such as US and Europe Demand for long steel products continues to be reasonable in many areas like America or Europe but is slowing down in countries in the Middle East and North Africa (MENA) region due to seasonal reasons. Pressure from Chinese goods intensifies A new wave of offers for all kinds of Chinese origin steel is adding to the pressure... Read More
Australia initiates AD duty investigation againts rebar imports from China
Australia’s Antidumping Commission has announced that it has initiated an antidumping (AD) duty investigation against rebar imports from China. The duty investigation launched by following an application lodged by domestic producer OneSteel Manufacturing Pty Ltd covers the period between July 1, 2014 and June 30, 2015. The application alleges that Chinese rebar has been exported... Read More