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
US ITC affirms antidumping duties for wire rod imports from Belarus, Russia and UAE
The United States International Trade Commission (US ITC) today affirmed the US Department of Commerce’s (US DOC) final determinations in the investigation of imports of carbon and certain alloy steel wire rod from Belarus, Russia, and the United Arab Emirates. As a result of the US ITC’s affirmative determinations, the US DOC will issue antidumping duty orders on imports of this product from Belarus, Russia, and the United Arab Emirates. Final... 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
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
Short Range Outlook : December 2017
Demand now even better in global longs market as China continues to stay away Supply and demand in the global long steel products market are still balanced following the price increases caused by the rising cost of production amid the tight electrode supply and higher costs of other raw materials. The good news is that there is even better demand compared to previous months as exports from China are still far from putting too much pressure on the... Read More
US DOC announced final antidumping margins on wire rod imports from Belarus, Russia, and UAE
The US Department of Commerce (US DOC) determines that imports of carbon and alloy steel wire rod from Belarus, Russia, and the United Arab Emirates are being, or are likely to be, sold in the United States at less than fair value. The final estimated weighted-average dumping margins are as follows: Belarus BSW (BMZ) : 280.02% Russia Abinsk Electric Steel Works Ltd :... Read More
US DOC announced final antidumping duties on wire rod imports from Belarus, Russia, UAE
The US Department of Commerce (US DOC) has announced its final determinations in the antidumping duty investigation of imports of carbon and alloy steel wire rod from Belarus, Russia and the United Arab Emirates (UAE). Accordingly, the US DOC calculated the below final dumping margins for the mentioned imports from the three countries: Belarus Belarus-Wide Entity : 280.02% Russia Abinsk... Read More
Australia imposes preliminary antidumping duty on rebar imports from five countries
Australia’s Antidumping Commission has announced that it has imposed preliminary antidumping duty rates on reinforcing bar imports from Greece, Indonesia, Spain (imports by Nervacero S.A), Taiwan (imports by Power Steel Co. Ltd) and Thailand. The provisional antidumping duty rates are as follow: Greece Uncooperative and all other exporters : 42.1% Indonesia PT Ispat Panca Putera ... Read More
US DOC announces preliminary antidumping margins on wire rod imports from Mexico
The US Department of Commerce (US DOC) has announced the preliminary results of the administrative review on the antidumping duty against the wire rod imports from Mexico. The review covered two Mexican producers/exporters, ArcelorMittal Las Truchas and Deacero, during the period from October 1, 2015 through September 30, 2016. The US DOC has determined that ArcelorMittal Las Truchas made no shipments to the US during the period of review, while assigning... Read More