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 and increasing competition. All the while Chinese consumption has... 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 to Australia at prices less than their normal value and that the dumping... Read More
US DOC publishes final results of AD review on wire rod imports from Mexico
The US Department of Commerce (DOC) published Monday the amended final results of its recent administrative review of the antidumping (AD) order on carbon and certain alloy steel wire rod from Mexico. The review covered one Mexican producer/exporter and its affiliated U.S. importer – Deacero S.A.P.I. de C.V. and Deacero USA, Inc. (collectively “Deacero”) – during the period from October 1, 2012 through September 30, 2013. As the result of... Read More
Australia imposed antidumping duty on rod in coil imports
Australia’a Antidumping Commission announced that it has imposed antidumping duty againts imports of rod in coils from Indonesia and Taiwan. The mentioned antidumping duties are as follows: Indonesia – 10.1 % Taiwan – 2.7% Australia terminated the antidumping investigation against Turkey and Indonesian steel producer Ispat Indo, back in May this year. The related customs tariff statistics position numbers are as below: 7213.91.00 7227.90.90 Read More
Short Range Outlook : June 2015
Slight improvement in trading atmosphere It seems that the general trading atmosphere has become slightly better in the global long steel market. The imbalances which we have gotten used to have diminished somewhat and therefore traditional trade routes seem to be chosen again. The strengthening of the Russian currency and the reduced influx of Chinese steel to far away markets are having an impact. Demand picks up in Europe, interest in imports declines The... Read More
Dumping investigation on wire rods from Turkey to Australia is terminated
Australia’s Antidumping Commission has announced that it has terminated the antidumping (AD) duty investigation against imports of hot rolled wire rod in coils with diameter of less than 14 mm from Turkey. The commission found that, regarding exports of the products in question from Turkish steelmaker Habas Sinai ve Tibbi Gazlar Istihsal Endüstrisi A.Ş (Habas), there has been dumping of the goods, though the dumping margin is less than two... Read More
US DOC calculated 2.13 percent final dumping margin on Mexican wire rod
The US Department of Commerce (DOC) published the final results of its administrative review of the antidumping order on carbon and certain alloy steel wire rod from Mexico, on May 12th. The subject review covered one Mexican producer/exporter and its affiliated U.S. importer – Deacero S.A.P.I. de C.V. and Deacero USA, Inc. (collectively “Deacero”) – during the period from October 1, 2012 through September 30, 2013. The DOC calculated a final... Read More
Short Range Outlook : May 2015
Decent demand in global long steel market but excess supply still prevails The recent increase in metallics prices has imparted positive momentum to demand in the global long steel products market. Demand is still good in North and Central America and in some countries in South America. On the other hand, customers have been heavily destocking during the entire first quarter in some other markets, reducing buying quantities in these markets. Long... Read More
EU initiates anti dumping investigation for Chinese high fatigue performance rebar
The European Commission has announced that it has initiated an antidumping (AD) duty investigation regarding high fatigue performance (HRP) rebar imports from China. The investigation has been launched following the application filed by the European Steel Association (EUROFER), alleging that imports of the product under investigation from the country concerned have increased overall in absolute terms and in terms of market share. The products subject... Read More
Australia extends AD investigation on wire rod in coils
Australia’s Antidumping Commission has announced that it has extended the antidumping (AD) duty investigation against imports of hot rolled wire rod in coils with diameter of less than 14 mm from Indonesia, Taiwan and Turkey. The final decision will now be made on May 13. The investigation was launched in April 2014 upon the application made by Australian steel producer OneSteel Manufacturing Pty Ltd (OneSteel). The products subject to the antidumping... Read More