Short Range Outlook : July 2026
Global longs market worsens further, but tide may turn if geopolitical risks continue to ease The overall business environment in the global long steel products market has deteriorated again. Everything is even more difficult and complexities are increasing further. Nevertheless, the apparent de-escalation of the conflict involving Iran could mark an important turning point. If geopolitical risks continue to ease, we may be approaching the bottom... Read More
EU sets country specific quota allocations under post-safeguard regime
The European Commission has announced that it has set out the detailed country allocation of tariff quotas under the EU’s new steel trade regime. The total annual tariff quota volume of 18.35 million mt will be distributed across 26 steel product categories, replacing the previous safeguard quota administration. Each quota is divided equally into four quarterly volumes. Half of the import quotas have been allocated exclusively to free trade... Read More
Canada extends duties on rebar imports from China, S. Korea and Turkey
The Canadian International Trade Tribunal has decided to extend its trade remedy measures on imports of reinforcing bars from China, South Korea and Turkey following the completion of an expiry review. The tribunal concluded that allowing the measures to expire would likely result in injury to Canada’s domestic rebar industry and therefore ordered their continuation. Under the decision, Canada will continue applying antidumping duties on reinforcing... Read More
Short Range Outlook : June 2026
Relatively stable business environment in global longs market, regional differences more pronounced than ever The overall business environment in the global long steel products market remains relatively stable. However, regional differences have become more pronounced than ever. Protectionist measures in the United States, combined with the implementation of CBAM in Europe and the upcoming reduction of EU import quotas, are reshaping trade patterns... Read More
IREPAS in Amsterdam : Geopolitical Tensions and Higher Costs
The 94th meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Amsterdam on April 26-28 in conjunction with the SteelOrbis Spring’26 Conference. There were 99 representatives from 41 different producers among the 386 registered delegates from a total of 49 different countries. There were also 86 registrations representing 41 different raw material suppliers. At the opening of the conference, Ioannis Manessis,... Read More
Australia maintains antidumping duties on rebar imports from China
Australia’s Antidumping Commission has announced the findings of its antidumping duty (AD) review of imports of reinforcing bar from China for the period between April 1, 2024, and March 31, 2025. The commission has found that the expiration of the antidumping measures in respect of exports of rebar from China would lead, or would be likely to lead, to a continuation of, or a recurrence of, the dumping and the material injury that the antidumping... Read More
Short Range Outlook : February 2026
Buyers cautious in global long steel products market, supply pressure remains high Demand remains weak in the global long steel products market, both structurally and seasonally. Buyers are cautious, operating on a hand-to-mouth basis and are still delaying medium- or long-term commitments. At the same time, supply pressure remains high. China has finally shown a significant production decline (with 2025 output down to 960 million mt, below one billion... Read More
UK launches expiry review of antidumping duty on wire rod imports from China
The UK’s Trade Remedies Authority (TRA) has announced that it has initiated an expiry review of the antidumping (AD) duty on wire rod imports from China. The investigation, which covers the period from October 1, 2024, to September 30, 2025, was launched upon the request of domestic producer 7 Steel (UK) Limited. The TRA will review whether the termination of the antidumping duty would lead to a continuation of dumped imports and the resumption... Read More
US maintains AD/CVD orders on steel wire rod imports from China
The US Department of Commerce (DOC) has announced the final results of the sunset review of the antidumping duty and countervailing duty orders on carbon and certain alloy steel wire rod (wire rod) from China. The DOC has determined that revocation of the antidumping duty and the countervailing duty orders on wire rod from China would likely to lead to the continuation or reoccurrence of dumping and injury to the US industry. The dumping margins are... Read More
Vietnam reviews antidumping duties on PC strand from three countries
Vietnam’s Ministry of Industry and Trade (MOIT) has announced that it has initiated a review of antidumping (AD) duties on prestressed concrete steel wire strand (PC strand) from Malaysia, Thailand and China. The review, which covers the period from January 1, 2025, to December 31, 2025, follows a request from Chinese steel producer Boxing Victory Metal Materials, asking the MOIT to review the existing antidumping duties. The current antidumping... Read More