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
Short Range Outlook : March 2023
Better demand in global longs market It seems that demand in the global long steel products market is somewhat better after the holiday season. There have been signs of a pickup in demand everywhere in the past month, apart from the EU. The supply in the market has been adjusted accordingly, which has had a positive influence on prices. Consequently, the whole market dynamic has changed. The price spread between Chinese origin reinforcing bars and... Read More
UK extends AD duty on HFP rebar from China
The UK’s Trade Remedies Authority (TRA) has announced that the UK government has accepted its recommendation regarding the extension of anti dumping measures on imports of high fatigue performance (HFP) reinforcing bar from China. The anti dumping duties ranging at 18.4-22.5 percent for China will be maintained until July 30, 2026. The products in question currently fall under Customs Tariff Statistics Position Numbers 72 14 20 00 10, 72 28 30 20... Read More
Australia to continue AD duties on rebar from four countries
The Australian Anti-Dumping Commission has announced that it has completed an inquiry, which commenced on March 28, 2022, into whether the continuation of the anti dumping measures on reinforcing bar imports from Greece, Spain, Indonesia, Taiwan and Thailand is justified. Accordingly, the commission decided that the anti dumping duties on reinforcing bar from the given countries except Thailand, which will expire on March 7 this year, will continue. The... Read More
US announces final results of Turkish rebar antidumping administrative review
The US Department of Commerce (DOC) has announced the final results of the administrative review on six companies regarding the antidumping (AD) duty on reinforcing bar imports from Turkey. The DOC found that one of the six, HABAS, made no shipments during the review period, July 2020-June 2021. As a result of the review, the DOC has determined weighted-average dumping margins of 1.13 percent and 5.51 percent for two individual respondents, Colakoglu... Read More
Short Range Outlook : February 2023
Unpredictability persists in global longs market, recession fears may have been exaggerated The global long steel products market is still characterized by unpredictability. China’s impact on the global markets is still an open question and this contributes to the unpredictability for the second quarter. It seems that customers heard too much talk of recession last year and were convinced that all construction would stop in 2023. Actually, it looks... Read More
Canada to maintain antidumping duties on rebar imports from six countries
The Canadian International Trade Tribunal (CITT) has announced that it will continue to impose antidumping (AD) duty on reinforcing bar imports from six countries, namely, Belarus, Taiwan, Hong Kong, Japan, Portugal, and Spain, following the conclusion of the expiry review. The applicable duties range between 2.4 percent and 108.5 percent. The antidumping duties were imposed in May 2017. The products in question currently fall under Customs Tariff... Read More
US issues preliminary antidumping duty review results for rebar from Mexico
The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the antidumping (AD) duty order on reinforcing bars imported from Mexico for the period between November 1, 2020, and October 31, 2021. Accordingly, the US DOC has determined that Mexican companies’ sales of the subject goods were made below normal value during the period of review. The DOC has determined the below weighted-average dumping margins: Deacero... Read More
Short Range Outlook : November 2022
Demand at crisis levels in global longs market, unlikely to improve in coming months Demand in the global long steel products market is either very low or there is no demand at all, depending on the region. Overall demand is less than real supply and possible supply increases. The demand for ferrous materials has also slowed down considerably as industrial outlooks have lost visibility. Energy cost uncertainty and the destruction of demand have led... Read More
IREPAS in Monaco: The current crisis is a once-in-a-generation event
The 87th meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Monaco, on October 9-11, 2022, in conjunction with the SteelOrbis Fall ’22 Conference. There were 108 producer representatives from 40 different companies among the 407 registered delegates from a total of 48 different countries. There were also 69 registrations representing 43 different raw material suppliers. At the opening of the conference, Murat... Read More