US issues final results of antidumping review on wire rods imported from Mexico
The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping (AD) duty order on carbon and certain alloy steel wire rod from Mexico for the period between October 1, 2021, and September 30, 2022. Accordingly, the US DOC has determined that Mexican producers’ sales of the subject goods were made below normal value during the period of review. The DOC has determined weighted-average dumping margins... Read More
Canada launches antidumping probe against wire rod imports from three countries
The Canada Border Services Agency (CBSA) has announced that it has launched an antidumping (AD) duty investigation to determine whether certain wire rod from China, Egypt, and Vietnam are being sold at unfair prices in Canada. The investigation is the result of a complaint by Ivaco Rolling Mills. The CBSA will investigate whether the imports are being dumped and will make a preliminary decision within 90 days, at which time provisional duties may... Read More
US to continue antidumping orders on rebar from seven countries
The US Department of Commerce (DOC) has announced the final results of the sunset reviews of the antidumping duty (AD) orders on rebar from Belarus, China, Indonesia, Latvia, Moldova, Poland, and Ukraine. The DOC found that revocation of the antidumping duty orders on the given product from the given seven countries would be likely to lead to continuation or recurrence of dumping. The DOC has determined weighted-average dumping margin of up to 114.53... Read More
US issues final results of antidumping review on rebar imports from Turkey
The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping (AD) duty order on rebar from Turkey for the period between July 1, 2021, and June 30, 2022. Accordingly, the US DOC has determined that Kaptan Demir Celik Endustrisi ve Ticaret A.S., Kaptan Metal Dis Ticaret ve Nakliyat A.S. and certain other producers’ sales of the subject goods were made below normal value during the period of review.... Read More
Short Range Outlook : November 2023
No supply-demand improvement in global longs market, regionalization prevails The supply and demand situation in the global long steel products market is not getting any better, which continues to put pressure on producers. The increasing political influence on trade flows and particular markets in the form of antidumping and/or countervailing duties including also supply chain restrictions are leading to a more and more regionalized trade with a... Read More
Short Range Outlook : August 2023
General slowdown in global longs market puts producers under pressure The global long steel products market is slowing down in general, which is putting pressure on producers. Demand for reinforcing bars and wire rods remains very weak and there is strong pressure on prices from the new exporters – Algeria, Egypt, the UAE and Saudi Arabia – who are in the market with very aggressive offers. Business still stagnant in US, high interest... Read More
US issues preliminary antidumping review results on rebar from Turkey
The US Department of Commerce (DOC) has announced the preliminary results of its administrative reviews of the antidumping duty orders on rebar from Turkey. During the review period from July 1, 2021, to June 30, 2022, certain Turkish producers were found to have made sales of the subject products at less than normal value. The DOC has determined a weighted-average dumping margin of 29.30 percent for Kaptan Demir Celik and other companies, while the... Read More
US ITC votes to maintain AD/CVD orders on wire rod imports from 10 countries
The US International Trade Commission (ITC) determined that revocation of the existing countervailing duty orders on carbon and alloy steel wire rod from Italy and Turkey and revocation of the existing antidumping duty orders on carbon and alloy steel wire rod from Belarus, Italy, Russia, South Africa, South Korea, Spain, Turkey, Ukraine, United Arab Emirates, and the United Kingdom would be likely to lead to continuation or recurrence of material... Read More
US issues final anti dumping duty review results on rebar from Mexico
The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping (AD) duty order on rebar from Mexico for the period between November 1, 2020, and October 31, 2021. Accordingly, the US DOC has determined that Mexican producers’ sales of the subject goods were made below normal value during the period of review. The DOC has determined the following weighted-average dumping margins: 2.30 percent... Read More
US to continue anti dumping orders on wire rod imports from 10 countries
The US Department of Commerce (DOC) has announced the final results of the sunset reviews of the antidumping duty orders on carbon and certain alloy steel wire rod from Belarus, Italy, South Korea, Russia, South Africa, Spain, Turkey, Ukraine, the United Arab Emirates (UAE), and the UK. The DOC found that revocation of the antidumping duty orders on the given product from the given countries would be likely to lead to continuation or recurrence of... Read More