AD ruling on wire rods ex-China postponed by US DOC
The US DOC (Department of Commerce) announced on June 17th that it has posponed the date of its preliminary antidumping investigation of carbon and certain alloy steel wire rods imported from China. The decision has been taken following the request by the petitioners; ArcelorMittal USA, LLC, Charter Steel, Evraz Pueblo, Gerdau Ameristeel Inc., and Nucor Corporation. The original... Read More
Short Range Outlook : June 2014
Healthy demand but persisting concerns in global long steel products market Demand has continued to improve in the global long steel products market, especially in the Americas and the EU. The US market remains particularly healthy demandwise, though supply is still very high, leading to worries that the market may have peaked. Commercial activity is increasing in Central and South... Read More
US ITC affirms AD orders on wire rod from six countries, revokes Ukraine’s
USITC (The US International Trade Commission) made its determinations in its five-year (sunset) reviews concerning Carbon and Certain Alloy Steel Wire Rod from Brazil, Indonesia, Mexico, Moldova, Trinidad and Tobago, and Ukraine. The commission made affirmative determinations with respect to the existing countervailing duty order on carbon and certain alloy steel wire rod from... Read More
Morocco rescinds Turkey’s exemption from safeguard measures
Turkey’s Ministry of Economy announced that; Morocco has excluded Turkey from the countries who were exempt from the safeguard measure on concrete steel reinforcing bar and wire rod imports. On March 21 this year, Morocco’s Ministry of Industry, Trade and New Technologies had announced that Turkey was exempt from the safeguard measure along with developing countries.... Read More
Short Range Outlook : May 2014
Some bright spots in global long steel demand despite ongoing uncertainties The global long steel products market is still characterized by uncertainty amid the adverse effects of ongoing political tensions. The market combines areas where business is reasonably good, with some others where business is very weak. Real demand slowed down last month in the EU market due to the Easter... Read More
Preliminary AD duties on rebar imports from Mexico and Turkey to the U.S.
The U.S. Commerce Department set preliminary anti dumping duties of up to 66.7 percent on imports of reinforcing bars from Mexico and duties of up to 2.6 percent on Turkish imports, on Monday, April the 21st. A final decision is due on or about July 3rd. Such preliminary ruling set duties of 66.7 percent on imported rebars from Mexico’s Grupo Acerero S.A. de C.V. while... Read More
Anti dumping investigation in Australia against wire rod imports
Australia’s Anti Dumping Commission has announced initiation of an antidumping investigation against imports of hot rolled wire rod in coils with a diameter of less than 14 mm which fall under the Customs Tariff Statistics Position Numbers 7213.91.00 and 7227.90.90, from Indonesia, Taiwan and Turkey. The investigation is initiated basis application by the Australian steel... Read More
Long steel products demand varies significantly between different markets
The 70th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Barcelona, Spain on March 31-April 1. There were 101 producer representatives among the 330 registered delegates from 39 different countries. Ioannis Meimaroglu, chairman of the IREPAS raw material suppliers committee, underlined the record-high 44 registrations of representatives of... Read More
71st IREPAS meeting will be held in Berlin, Germany
Our 71st meeting will be held on September 28th to 30th, 2014 in Berlin, Germany in conjunction with the SteelOrbis Fall’14 Conference. All details will be announced soon. Read More
Marti: Industry is still facing overcapacity problem
Speaking at the SteelOrbis Spring’14 Conference & 70th IREPAS Meeting in Barcelona, Spain today, IREPAS chairman Kim Marti stated that the long steel industry is still facing the problem of overcapacity, especially in China, though the same issue is now also being observed in Turkey, citing production cuts as still being a significant option. Mr. Marti emphasized that... Read More