Short Range Outlook : March 2024
No improvement in supply-demand balance in global longs market, Asian exports may surge The supply and demand balance in the global long steel products market has not improved compared to previous months. Unfortunately, the positive expectations after the Chinese New Year holidays have not materialized. It seems Chinese exporters will continue to be aggressive, which of course will also drive other Asian exporters (Japan, Vietnam, Taiwan and South... 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 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 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
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
US ITC affirms antidumping duties for wire rod imports from Belarus, Russia and UAE
The United States International Trade Commission (US ITC) today affirmed the US Department of Commerce’s (US DOC) final determinations in the investigation of imports of carbon and certain alloy steel wire rod from Belarus, Russia, and the United Arab Emirates. As a result of the US ITC’s affirmative determinations, the US DOC will issue antidumping duty orders on imports of this product from Belarus, Russia, and the United Arab Emirates. Final... Read More
US DOC announced final antidumping margins on wire rod imports from Belarus, Russia, and UAE
The US Department of Commerce (US DOC) determines that imports of carbon and alloy steel wire rod from Belarus, Russia, and the United Arab Emirates are being, or are likely to be, sold in the United States at less than fair value. The final estimated weighted-average dumping margins are as follows: Belarus BSW (BMZ) : 280.02% Russia Abinsk Electric Steel Works Ltd :... Read More
US DOC announced final antidumping duties on wire rod imports from Belarus, Russia, UAE
The US Department of Commerce (US DOC) has announced its final determinations in the antidumping duty investigation of imports of carbon and alloy steel wire rod from Belarus, Russia and the United Arab Emirates (UAE). Accordingly, the US DOC calculated the below final dumping margins for the mentioned imports from the three countries: Belarus Belarus-Wide Entity : 280.02% Russia Abinsk... Read More
Short Range Outlook – November 2017
Supply and demand still balanced in global longs market amid lack of Chinese pressure Supply and demand in the global long steel products market remain balanced as exports from China are still not exerting too much pressure on the international market. Strong demand seen all around the world The World Steel Association (worldsteel) has updated its forecast for global steel demand for 2017, forecasting around seven percent growth compared to 2016.... Read More
US DOC sets preliminary margins against wire rod imports from Belarus, Russia, and the UAE
The United States Department of Commerce (US DOC) announced preliminary findings that carbon and alloy steel wire rod from Belarus, Russia and the United Arab Emirates are being dumped in the US market. Preliminary margins are set as follows: Belarus : 280.02 percent Russia : 436.80-756.93 percent UAE ... Read More