Australia imposes preliminary antidumping duty on wire rod imports from China
Australia’s Antidumping Commission has announced that it has imposed a preliminary antidumping duty against Chinese wire rod imports. Accordingly, the preliminary dumping duty rates are as follows: Hunan Valin Xiangtang Iron & Steel Co. Ltd – 32.1 percent, Jiangsu Shangang Group Co., Ltd – 28.2 percent, Uncooperative and all other exporters from China – 53.9 percent The duty investigation was launched on August 12, 2015,... Read More
India announced minimum import prices
India’s Ministry of Commerce and Industry has announced a minimum import price for steel imports, valid for six months from the date of notification, February 5, or until further announcements. Imports covered by letters of credit already entered into before the date of notification will be exempt from the minimum import price implementation. The minimum steel import prices for steel billets, reinforcing bars and wire rods are as follows: Billets ... 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
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
Mexico offically set steel import tariffs valid for six months
The Mexican economy secretariat, SE, has officially set the final ruling over the imports of steel wire rods in addition to slab, HRC and CRC imports. Mexico will now apply 15 percent tariff on such imports. In a resolution published at Mexico’s official gazette, Diario Official, the government said that the measures will include about 97 items. The duties are effective as of October 8, 2015 and are valid for a peirod of six months. The tariff... 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
Mexico reviews duties on Ukrainian imports of wire rod
In the same week it announced antidumping duties on imports of Chinese graphite electrodes for electric arc furnaces and commenced investigations on wire rod imports from China, Mexico’s economy secretariat, SE, said it will review existing countervailing duties applied on imports of wire rod from Ukraine. SE said the 41 percent countervailing duties that were applied for the imports of wire rod from Ukraine will continue being applied while it... Read More
Mexico started AD investigation against wire rod imports from China
The Mexican economy secretariat, SE, has started AD investigations on imports of wire rod from China, it said on September the 1st, following recent countervailing duties applied on imports of graphite electrodes for electric arc furnaces from the Asian country. SE said it accepted the request of local producers ArcelorMittal, Deacero and Ternium, which claim the imports of the product from China had followed unfair trade practices. SE said the... Read More
AD duty investigation initiated against Chinese wire rod imports to Australia
Australia’s Antidumping Commission has announced that it has initiated an antidumping (AD) duty investigation against Chinese wire rod imports. The duty investigation launched following an application lodged by domestic wire rod producer OneSteel Manufacturing Pty Ltd covers the period between July 1, 2014 and June 30, 2015. The application alleges that Chinese wire rod has been exported to Australia at prices less than their normal value and that... Read More