The programme of the 76th IREPAS meeting
March 26th, Sunday 19:00 – 22:00 Welcome cocktail at Intercontinental Budapest March 27th, Monday 09:00 – 09:15 Welcome address by Chairman of IREPAS 09:15 – 10:15 SESSION ONE – Global economic outlook - Global economic developments and expectations Gergely Tardos, OTP Bank / Chief Economist Where is the European economy heading? Current situation and expactations for Chinese economy Prospects... Read More
Egypt starts antidumping investigation on wire rod imports from China, Turkey and Ukraine
According to market players, Egypt has launched an antidumping duty investigation against wire rod imports from China, Turkey and Ukraine, upon a request from domestic steel producers. Egypt also recently initiated an antidumping duty investigation against reinforcing bar imports from the countries in question. Read More
Short Range Outlook : January 2017
Fears recede in global long steel market amid upbeat sentiment for 2017 There has been no significant change in the global long steel products market compared to last month in terms of supply and demand balance. Demand remains relatively weak, but we have seen better discipline on the supply side, which has had a positive impact on pricing dynamics. Demand is expected to pick up in the coming weeks. Economic numbers are strong and most fears regarding... Read More
Preliminary antidumping decision for rebar imports into Canada
The Canada Border Services Agency (CBSA) has announced its preliminary results concerning its antidumping duty investigation regarding certain concrete reinforcing bar originating or exported from Belarus, Taiwan, Hong Kong, Japan, Portugal and Spain. Accordingly, the CBSA calculated preliminary antidumping duties ranging from one percent to 109.2 percent for the six locations. Provisional duties are now payable on the subject goods that are released... Read More
Egypt launches antidumping investigation against rebar imports from Turkey, Ukraine and China
According to media reports Egypt has initiated an antidumping duty investigation against reinforcing bar imports from Turkey, Ukraine and China. The Egyptian authorities have requested the importers to submit their import data for the last three years within 30 days. Read More
India imposes antidumping duty on metallurgical coke imports from China and Australia
India’s Ministry of Finance has announced its final determinations in its antidumping duty investigation of imports of low ash metallurgical coke from China and Australia. According to Ministry of Finance’s statement, in its final findings India’s Directorate General for Anti Dumping and Allied Duties (DGAD) has concluded that dumped imports of the subject goods from China and Australia increased significantly in the period of investigation... Read More
Pakistan launches antidumping investigation on rebar imports from China
Pakistan’s National Tariff Commission has announced that it has initiated an antidumping duty investigation on imports of deformed concrete reinforcing steel bars from China. The investigation was initiated upon a complaint by local producers Amreli Steels Limited, Agha Steel Industries Ltd. and Abbas Engineering Industries, alleging that the products under investigation are being exported to Pakistan at dumped prices from China and have caused... Read More
Chile sets definite antidumping duty of 9.8 percent on Mexican origin rebars
The Chilean government has set a definite anti-dumping duty over imports of Mexican origin reinforcing bars, according to a decision published late this week at the country’s official gazette, Diario Oficial. According to the local government, Mexican imports of rebar will pay an ad-valorem, definite tariff 9.8 percent for a period of one year, effective on September 17, 2016. Chile’s current decision replaces a previous resolution applied to... Read More
US ITC voted to continue investigation on rebar imports from Japan, Taiwan and Turkey
The United States International Trade Commission (US ITC) determined on November 3rd that there is a reasonable indication that the US industry is materially injured by reason of imports of steel concrete reinforcing bars from Japan, Taiwan, and Turkey that are allegedly sold in the United States at less than fair value and subsidized by the government of Turkey. All six Commissioners voted in the affirmative. As a result of the ITC’s affirmative... Read More
Short Range Outlook : November 2016
Global long steel products market enjoys its best environment since 2013 The global long steel products market is currently enjoying its best environment since 2013, while sentiment has improved significantly. Supply and demand in the market are now a lot more in equilibrium compared to previous months. Fewer offers from China and Russia seen in global market Demand had made a weak start to October, as sellers were continuing with their seasonal fourth... Read More