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
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
Final margins for rebar imports from Taiwan to the US are announced
On July 21, 2017, the US Department of Commerce (DOC) announced its affirmative final determination in the antidumping duty (AD) investigation of imports of steel concrete reinforcing bar from Taiwan. Mandatory respondents Power Steel Co., Ltd. and Lo-Toun Steel and Iron Works Co., Ltd. received final dumping margins of 3.50 percent and 32.01 percent, respectively. The DOC assigned the final margin of 3.50 percent to all other producers/exporters... Read More
Australia started antidumping duty probe for rebar imports
Australia’s Antidumping Commission has announced that it has initiated an antidumping duty investigation regarding reinforcing bar imports from Greece, Indonesia, Spain (imports by Nervacero S.A), Taiwan (imports by Power Steel Co. Ltd) and Thailand. The application lodged by Australian steelmaker OneSteel Manufacturing Pty Ltd claims that the goods have been exported to Australia at prices less than their normal value and that the dumping has caused... Read More
Mexico to extend 15 percent duty on wire rod imports for six more months
Mexico’s economy secretariat, SE, will extend an existing 15 percent duty on certain steel imports for six more months, according to Mexican media citing the country’s economy secretary, Ildefonso Guajardo. The announcement was made this week by SE officials during a eeting with Canacero, Mexico’s steel association. The 15 percent duty is valid for certain steel imports for the countries Mexico does not have trade agreements with. The products... Read More
IREPAS in Budapest: Market players optimistic about outlook for steel
The 76th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Budapest, Hungary on March 26-28, 2017. There were 107 producer representatives among the 352 registered delegates from 40 different countries. There were also 58 registrations representing 35 different raw material suppliers. At the opening of the conference, Murat Cebecioglu, chairman of IREPAS said that the steel industry has once again succeeded in... Read More
Short Range Outlook : March 2017
Still improving supply-demand balance creates brighter picture in global longs market The supply-demand balance continues to improve in regions like the US, Europe and Asia, contributing to a brighter picture in the global long steel products market. US market boosted by restocking and infrastructure spending expectations Demand has improved in the US as buyers have been restocking. In addition, President Trump’s promise to spend one trillion... Read More
US DOC announces preliminary antidumping margins in rebar trade case
On March 1, 2017, the US Department of Commerce (DOC) announced its affirmative preliminary determinations in the antidumping duty investigations of rebar imports from Japan, Taiwan, and Turkey and released preliminary dumping rates: The preliminary antidumping duty rates per country and company are as follows: Japan Jonan Steel Corporation : 209.46% Kyoei Steel Ltd. : 209.46% All Others : 209.46% Taiwan Power Steel Co. : 3.48% Lo-Toun Steel... Read More
US DOC announced preliminary CVD rates for Turkish rebar imports
The US Department of Commerce (DOC) today announced its affirmative preliminary determination in the countervailing duty (CVD) investigation of rebar imports from Turkey. The DOC calculated a preliminary subsidy rate of 3.47 percent for the mandatory respondent Habas and “all others,” although there are currently no Turkish rebar producers or exporters subject to it because the ongoing investigation only covers companies that were excluded from... Read More
The programme of the 76th IREPAS meeting
March 26th, Sunday 19:00 – 22:00 Welcome cocktail at Intercontinental Budapest March 27th, Monday 09:00 – 09:15 Welcome address by Chairman of IREPAS 09:15 – 10:15 SESSION ONE – Global economic outlook - Global economic developments and expectations Gergely Tardos, OTP Bank / Chief Economist Where is the European economy heading? Current situation and expactations for Chinese economy Prospects... Read More