IREPAS in Lisbon: Exciting times finally here after depressing period
The 74th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Lisbon, Portugal on April 10-12, 2016. There were 70 producer representatives among the 261 registered delegates from 35 different countries. There were also 35 registrations representing 25 different raw material suppliers. At the opening of the SteelOrbis 2016 Spring Conference & 74th IREPAS Meeting held in Lisbon on April 10-12, Kim Marti, the international... Read More
Thailand imposes antidumping duties on low-carbon wire rod imports from China
Thailand’s Department of Foreign Trade has announced that it has decided to impose antidumping duty on low-carbon wire rod imports from China for a period of five years. The antidumping duty rates range from 12.81 percent to 31.15 percent for goods falling under Customs Tariff Statistics Position Numbers 7213.9120.000, 7213.9190.010, 7213.9190.011, 7213.9190.012, 7213.9190.013, 7213.9190.033, 7213.9190.034, 7213.9190.035, 7213.9190.090, 7213.9920.000,... Read More
Australia initiates CVD investigation for wire rod imports from China
Australia’s Antidumping Commission has announced that it has initiated a countervailing duty (CVD) investigation regarding imports of wire rod from China. The application lodged by Australian wire rod producer OneSteel Manufacturing Pty Ltd claims that the goods in question exported to Australia have been in receipt of countervailable subsidies from China and that the subsidization has caused material injury to the Australian industry through price... Read More
Colombia extended existing antidumping duties on imports of wire rod from China
Colombia’s ministry of commerce, industry and tourism, MINCIT, has extended existing provisional antidumping duties on the imports of wire rod from China, it said. According to MINCIT, the levies were extended for two more 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 the base price.” The provisional antidumping duties... Read More
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