Australia initiates antidumping review on rebar imports from China
Australia’s Antidumping Commission has announced that it has initiated a review regarding the antidumping duty on imports of certain reinforcing bar from China to examine whether the variable factors relevant to the taking of the antidumping measures have changed. The review launched upon the application lodged by Australia-based Liberty OneSteel Pty Ltd covers the period between April 1, 2017 and March 31, 2018 and covers all exporters of... Read More
The program of the 78th IREPAS meeting in Warsaw
Day 1: Sunday, May 6, 2018 19:00 – 22:00 Welcome cocktail at Hilton Warsaw Hotel and Convention Centre Day 2: Monday, May 7, 2018 09:00 – 09:15 Welcome address by Chairman of IREPAS 09:15 – 10:15 SESSION ONE – Global economic outlook - Global Economic and Market Developments Marek Rozkrut... Read More
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... 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:... 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
Ukraine imposes antidumping duty on imports of rebar and wire rod from Russia
The Ukrainian Interdepartmental Commission on International Trade has announced that it has imposed a definitive antidumping (AD) duty on imports of reinforcing bar and wire rod from Russia for a period of five years. The decision will come into effect 60 days after the official publication of the decision. The antidumping duty rates are announced as follows: Reinforcing bar (diameter 6 – 40 mm) : 15.21 percent Wire rod (diameter 5.5 mm -... Read More
Algeria abolishes import license system
Algerian trade minister Mohamed Benmeradi has announced the abolition of the import license system in the country as of January 1, 2018, for all products, except for imports of vehicles. It was declared that the system “has shown its limits”, it was a bureaucratic system that “lacked transparency”, and sometimes it has caused supply problems, leading to price hikes in the Algerian market. The aim of the license system was... Read More
China cancels export tax on finished steel products
Chinese authorities have announced that taxes on exports of steel products including deformed reinforcing bars and wire rods will be cancelled from January 1st onwards, taking into consideration the industrial developments and changing export market conditions. It is also announced that the tax on exports of steel billets will be reduced to 10 percent from the current level of 15 percent. Read More
Egypt maintains antidumping duties on rebar imports
Egypt’s Ministry of Industry and Trade has decided to maintain the antidumping duties imposed on rebar imports from Turkey, Ukraine and China for a period of five years as of today, December 6, according to a report by Reuters. The ministry first imposed the antidumping duties on rebar imports from the three countries in question in June this year for a period of four months and then extended the duties for a further two months, bringing the total... Read More
Canada starts antidumping reinvestigation againts rebar imports from several countries
The Canada Border Services Agency (CBSA) has announced that it has initiated an antidumping duty reinvestigation to update the normal values and export prices respecting certain concrete reinforcing bar (rebar) originating in or exported from China, South Korea, Turkey, Belarus, Taiwan, the Hong Kong Special Administrative Region of the People’s Republic of China, Japan, Portugal and Spain and a countervailing duty reinvestigation to update... Read More