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
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
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
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
Short Range Outlook : March 2015
Global long steel market remains under strong pressure from supply side The global long steel products market is still under supply pressure with strong and agressive offers in terms of volumes and prices. Imbalance between scrap and iron ore prices closes faster than expected The imbalance between prices of iron ore and scrap has been closing as expected, but at a much faster rate. Lower scrap prices will benefit EAF-based producers and help them... Read More