Ukraine introduces antidumping duty on steel bars from Belarus and Moldova
Ukraine introduces antidumping duty on steel bar imports from Belarus and Moldova. Accordingly, exporters from Belarus will be subject to an antidumping duty of 31.08 percent, while Belarusian Metallurgical Plant (BMZ) and its Lithuanian exporting arm BMZ-Baltic Trading House have zero duties. On the other hand, the antidumping duties stand at 13.80 percent for Moldavian Metallurgical Plant (MMZ) and at 35.37 percent for other exporters of steel bar... Read More
Ukrainian president approves scrap export duty increase
The Ukrainian parliament (Rada) has announced that Ukraine’s president Mr.Petro Poroshenko has approved the bill to increase the export duty on steel scrap from €42/mt to €58/mt for two years until 2021. In early March, the Ukrainian parliament had approved the bill to increase the export duty on scrap, though it revoked it in the following days. Read More
Ukraine revokes increase in scrap export duty
The Ukrainian parliament has revoked the bill increasing the export duty on scrap from €42/mt to €58/mt for a period of two years, according to local media sources. The parliament said that higher export duty on scrap would defend the interests of some market participants, while ignoring those of others. Read More
Ukraine increases scrap export duty for two years
The Ukrainian parliament has approved a bill to increase the export duty on scrap from €42/mt to €58/mt for a period of two years. In May 2018, the export duty rose from €30/mt to €42/mt for only one year. Read More
Short Range Outlook : February 2019
Price levels improve in global long steel products market despite uncertainties Prices in the global long steel products market are better compared to our last report, though there is a certain degree of uncertainty regarding how sustainable the current price levels are. The situation has gotten worse generally in terms of demand and supply, as there seems to be a general worsening of expectations and the numbers coming in do not bode well. Brazilian... Read More
EU to impose new quota on imports
According to media sources, the European Commission has sent a notification to the World Trade Organization, stating that the EU will impose import quotas on certain steel products, including rebar and wire rod, for a period of 150 days starting from February 2, 2019.. However, there has been no official announcement yet. Accordingly the import quotas will be in force between July 1, 2019 and June 30, 2020 and that the quota volumes will be increased... Read More
US ITC votes to maintain antidumping duties on rebar imports from seven countries
The US International Trade Commission (ITC) today determined that revoking the existing antidumping duty orders on imports of steel concrete reinforcing bar from Belarus, China, Indonesia, Latvia, Moldova, Poland, and Ukraine would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. Current AD margins are as follows: Country AD margin Belarus ... Read More
Ukraine starts antidumping investigation on certain steel bar imports from Moldova and Belarus
The Ukrainian Interdepartmental Commission on International Trade has announced that Ukraine’s Ministry of Economic Development and Trade has started an antidumping duty investigation on certain carbon and alloy steel bar imports from Moldova and Belarus. The investigation was launched following the application lodged by local steel producer ArcelorMittal Kryviy Rih. The investigation period covers the period from January 2013 to September 2017. Read More
Ukraine approves temporary rise in scrap export duty
Ukraine’s parliament has approved the bill to increase the export duty on scrap from €30/mt to €42/mt for a period of one year. The proposed bill had been aiming to impose the increase in export duty on scrap until September 2021. The draft law was submitted to the parliament in April. Read More
US ITC issues injury determination in case against wire rod from Ukraine and South Africa
The United States International Trade Commission (US ITC) today determined that a US industry is materially injured or threatened with material injury by reason of imports of carbon and alloy steel wire rod from South Africa and Ukraine that the US Department of Commerce (US DOC) has determined are sold in the United States at less than fair value. Chairman Rhonda K. Schmidtlein, Vice Chairman David S. Johanson, and Commissioners Irving A. Williamson... Read More