Short Range Outlook : January 2025

Pressure still rising in global longs market, some answers expected after January 20 The pressure in the global long steel products market is increasing as there is no positive news from China yet, while everywhere there is weak demand, market protection and excess capacity. Some questions about the future are expected to receive answers after Trump’s inauguration on January 20 Still no positive news heard from China Chinese export data for November... Read More

US to continue antidumping duty on rebar imports 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 reinforcing bar imports 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 likely to lead to continuation or recurrence of dumping. The weighted-average dumping margins are at 114.53... Read More

US rescinds review of antidumping duty order on wire rod imports from Ukraine

The US Department of Commerce (DOC) has announced that it has rescinded the administrative review of the antidumping duty order against wire rod imports from Ukraine for the period of review between March 1, 2023, and February 29, 2024. The review, which was initiated on May 8, 2024, originally covered the following six companies: ArcelorMittal Steel Kryvyi Rih; Public Joint Stock Company Yenakiieve Iron and Steel Works; PrJSC Electrometallurgical... Read More

US issues preliminary CVD review results on rebar imports from Turkey

The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the countervailing duty order on rebar from Turkey. For the review period between January 1, 2022, and December 31, 2022, the DOC has determined subsidy rates at 0.14 percent (de minimis) for Icdas Çelik Enerji Tersane ve Ulasim Sanayi A.S, and 2.54 percent for Kaptan Demir Celik Endustrisi ve Ticaret A.S. and Colakoglu Metalurji A.S. In addition,... Read More

US ITC votes to maintain antidumping duty order on rebar imports from seven countries

The US International Trade Commission (ITC) has determined that revoking the existing antidumping duty order on rebar from Belarus, China, Indonesia, Latvia, Moldova, Poland and Ukraine would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. As a result of the ITC’s affirmative determination, the existing order on imports of this product from these countries will remain in place. The weighted-average... Read More

Short Range Outlook : December 2024

Global longs market enters holiday season, but deep uncertainties lie ahead next year The global long steel products market has mostly entered the holiday period. In many markets, business will start moving only after January 13. Many uncertain factors lie ahead for the post-holiday period, including the situation regarding Chinese exports, the actions likely to be taken by the new US administration and the difficulties faced by the steel industry... Read More

US orders preliminary antidumping duty on imported rebar from two Mexican companies

The United States Department of Commerce published the preliminary results of its administrative review of the antidumping duty (AD) order on reinforcing bar exports from Mexico. For Tyasa or TA 2000 the antidumping duty was 22.27 percent and for some companies of Grupo DeAcero it was 8.88 percent. “The US Department of Commerce preliminarily finds that DeAcero and Ingeteknos Estructurales (Ingetek) (collectively, Deacero Group); and TA 2000 (or... Read More

US DOC rescinds review of CVD order on rebar imports from Turkey

The US Department of Commerce (DOC) has announced it has rescinded the administrative review of the countervailing duty order on reinforcing bar imports from Turkey for the period from January 1, 2023, through December 31, 2023. The review was initiated on August 14, 2024, with respect to Habas. The DOC concluded there were no entries of the subject merchandise during the period of review.  Read More

US issues preliminary antidumping review results on wire rod imports from Mexico

The US DOC has announced the preliminary results of its administrative review of the antidumping duty order on carbon and certain alloy steel wire rod imports from Mexico. During the review period from October 1, 2022, to September 30, 2023, some Mexican producers were found to have made sales of the subject products at less than normal value. The DOC has determined weighted average dumping margins of 18.09 percent for TA 2000 S.A. de C.V. and 13.46... Read More

Short Range Outlook : November 2024

Gloomy demand picture prevails in global longs market, but possible bright spots on horizon The supply and demand balance in the global long steel products market is being impacted strongly by low demand and it is reasonable to expect that, if the US introduces new market protection measures, other countries will follow. There is simply not enough demand in the world for all the steel produced. Despite the overall gloomy scenario of mostly insufficient... Read More

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