EUROFER not happy with the provisional antidumping duty on Chinese HFP rebar imports
The European Steel Association (EUROFER) has stated that it welcomes the European Commission’s imposition of provisional antidumping measures on imports of Chinese origin high fatigue performance (HFP) rebar, but also questions their effectiveness in actually deterring wider Chinese dumping. According to EUROFER, the provisional measures, as low as nine percent, cannot remedy the massive injury caused by Chinese HFP rebar import surges, which have... Read More
Provisional antidumping duty imposed on HFP rebar imports from China to the EU
The European Commission has announced that it has decided to impose provisional antidumping duty on high fatigue performance (HFP) rebar imports from China for a period of six months. The investigation was launched on April 30, 2015 as a result of an application by EUROFER, alleging that imports of HFP rebar from China have increased in absolute terms and in terms of market share. The investigation covers the period from April 1, 2014 to March 31,... Read More
Brazil initiates antidumping investigation for rebar imports from Turkey
The Brazilian government has announced that it has initiated an antidumping investigation on rebar imports from Turkey. The investigation was launched upon the complaint lodged by local producers Gerdau and ArcelorMittal, which claimed that rebar imports from Turkey were dumped and have been causing material injury to the domestic industry. The investigation covers the period between July 2014 and June 2015. In their application, Gerdau and ArcelorMittal... Read More
Short Range Outlook : December 2015
Sentiment generally negative in global long steel products market Sentiment in the global long steel products market is generally negative due to the expected seasonal slowdown at the end of the year. Most markets are approaching holidays periods and, as buyers in many areas decided on their last purchases of the year in the previous weeks, activity has slackened lately. EU and North American mills have been able to get their orders Long product mills... Read More
Short Range Outlook : November 2015
Downtrend in global longs market in October against all seasonal expectations The global long steel products market has come back to life at the end of October and in early November as speculative purchasing has started to be observed following the downward spiral of scrap prices seen after the last IREPAS meeting held in Rome in early October, which had made it almost impossible to sell products in the market. The market moved on a downward trend... Read More
EU will continue the antidumping duty on wire rod imports from China
The European Commission has announced that it has decided to continue collecting antidumping (AD) duty from Chinese wire rod imports following the expiry review initiated in August 2014. Taking into consideration the immense production level of wire rod in China and its dumping practices to third countries as well as the attractiveness of the EU market, the Commission has found that there is a strong likelihood that the repeal of the antidumping measures... Read More
Pakistan initiates dumping investigation against wire rod imports from China
Pakistan’s National Tariff Commission has announced that it has initiated an antidumping duty investigation against wire rod imports from China. The investigation will cover the period between July 1, 2014 and June 30, 2015 and it will determine whether the wire rod originating in and/or exported from China was dumped into Pakistan and whether such dumping has caused and/or is causing material injury to the domestic industry. The products subject... Read More
Australia grants more time for antidumping duty investigation on rebar imports from China
Australia’s Antidumping Commission has announced that it has been granted more time by the Australian government for the antidumping duty investigation against Chinese rebar imports. The deadline for the completion of the investigation is February 6, 2016. The commission needs more time to thoroughly assess the market situation and material injury claims. The antidumping duty investigation was launched in July this year and the goods subject to... Read More
Provisional antidumping duties on Chinese wire rod imports to Colombia
The Colombian ministry of commerce, industry and tourism, MINCIT, has applied provisional antidumping measures on imports of wire rod from China, according to a recent government resolution. According to MINCIT, the levies are now effective and will last for a period of four months, and correspond to the “difference between base FOB $541.06/mt price and the FOB price declared for the imported product, always and whenever the last is cheaper than... 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 “significant volumes”. According to same media reports, CAP Acero... Read More