Australia terminates the dumping investigation on two Indonesian exporters

Australia’s Antidumping Commission has announced that within the scope of its antidumping duty investigation regarding reinforcing bar imports from Greece, Indonesia, Spain (by Nervacero S.A), Taiwan (by Power Steel Co. Ltd) and Thailand, it has decided to terminate the investigation in relation to Indonesian exporters PT Ispat Panca Putera and PT Putra Baja Deli since the dumping margin for the two companies is less than two percent. The investigation into the alleged dumping... Read More

Mexico lifts CVD on graphite electrode imports from China and UK

Mexico’s Ministry of Economy has announced that it has lifted the definitive countervailing duties (CVD) on the imports of graphite electrodes for electric arc furnaces (EAFs) from China and the UK. The duties were first imposed in September 2015. CVD rates for Chinese producers/exporters were as follows: M. Brashem Inc                               : 38% Jilin Carbon                                      : 42% Nantong... Read More

US DOC announced final antidumping duty on wire rod imports from S. Africa and Ukraine

The US Department of Commerce (US DOC) has announced that it has imposed final antidumping duty on imports of carbon and alloy steel wire rod from South Africa and Ukraine. Accordingly, the US DOC has calculated the following dumping rates: South Africa ArcelorMittal South Africa Limited                                                       : 142.26 percent Scaw South Africa (Pty) Ltd. (also known as Scaw Metals Group) :... Read More

Short Range Outlook : January 2018

Very positive prospects for global long steel market in 2018 The supply and demand balance in the global long steel products market has improved and may now be described as excellent. Demand remains strong almost everywhere and sentiment is also very good. It seems that 2018 will be a replica of 2017 as the prospects are very positive. China has been the main story in 2017 China has been the main story in 2017. It is not exactly out of the market: indeed it may be said that the... Read More

Turkey cancels import duty on rebar

Turkey has officially cancelled the customs duty on imports of reinforcing bars effective from January 1st, 2018. The Turkish authorities had reduced the customs duty on imports of reinforcing bar to 10 percent on July 28th last year, on the back of complaints by the domestic construction industry. The customs duty on rebar imports to Turkey used to be 30 percent before then.  Read More