US issues final results for antidumping review on rebar imports from Mexico
The US Department of Commerce (DOC) has issued the final results of the antidumping duty administrative review of reinforcing bar imports from Mexico for the period between November 1, 2022, and October 31, 2023. The DOC has determined Deacero S.A.P.I. de C.V. and I.N.G.E.T.E.K.N.O.S. Estructurales, S.A. de C.V. (collectively, Deacero Group); and TA 2000 S.A. de C.V. (TA 2000) sold rebar from Mexico in the US at less than normal value during the period... Read More
Short Range Outlook : September 2025
Mills struggle to make ends meet in global longs market amid severe competition Demand is very weak and the situation remains difficult in the global long steel products market. Mills are cutting production, protectionist measures are continuing full speed ahead, while China and other countries in the region are exporting a lot, putting pressure on prices. There is very severe competition in the market and every producer is fighting with its last... Read More
US assigns preliminary antidumping margin of 18.87% on rebar imports from Turkey’s Colakoglu
The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the antidumping duty orders on rebar from Turkey. During the review period from July 1, 2023, to June 30, 2024, Colakoglu Metalurji A.S. and Colakoglu Dis Ticaret A.S. were found to have made sales of the given products at less than normal value. The DOC has determined a weighted-average dumping margin of 18.87 percent for the companies. In addition,... Read More
US issues final antidumping margins for wire rod imports from Mexico
The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping duty order on carbon and certain alloy steel wire rod imports from Mexico between October 1, 2022, and September 30, 2023. The US Department of Commerce has determined that producers/exporters subject to this review made sales of the subject merchandise at less than normal value during the period of review. The DOC has calculated the... Read More
US issues preliminary results of antidumping review on wire rod from S. Korea’s POSCO
The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the antidumping duty order on carbon and certain alloy steel wire rod (wire rod) from South Korea between May 1, 2023, and April 30, 2024. The US Department of Commerce (DOC) has preliminarily found that POSCO and POSCO International Corporation (PIC) (collectively, POSCO), sold subject merchandise in the US at prices below normal value during... Read More
EU launches consultation on new steel safeguard measures to combat trade risks
The European Commission has announced the launch of a consultation process aimed at shaping the next generation of steel safeguard measures. Industry stakeholders have until August 15 to submit input. These consultations will feed directly into the formulation of replacement measures for the current safeguards, which expire on June 30, 2026. The upcoming protection framework is expected to counter several structural challenges according to the European... Read More
US imposes 35 percent tariffs on Canadian imports starting August 1
US President Donald Trump has declared 35 percent tariffs on Canadian imports, effective August 1, through an official letter sent to Canadian Prime Minister Mark Carney. The move aims to address both the ongoing fentanyl crisis and the high US-Canada trade deficit, which Trump argues are harming American interests. The 35 percent tariffs will be applied across Canadian goods, outside of existing sectoral tariffs. US President Trump warned of further... Read More
US to impose 50 percent tariff on all imports from Brazil
US President Donald Trump has notified Brazilian President Luiz Inacio Lula da Silva, starting August 1, all imports from Brazil will face an additional 50 percent tariff at US customs. Read More
Short Range Outlook : July 2025
Uncertainty spikes further in global longs market due to 50 percent tariffs in US The business environment in the global long steel products market, particularly in terms of the demand and supply balance, has not improved meaningfully. Other than that, the situation has worsened as the Trump Administration’s increase of US import duties up to 50 percent caught many exporters off guard. The uncertainty created by the Trump administration by doubling... Read More
US DOC initiates antidumping/countervailing duty investigations on rebar from four countries
The US Department of Commerce (DOC) has announced that it has initiated two investigations on rebar from Algeria, Bulgaria, Egypt, and Vietnam. The antidumping investigation on reinforcing bars from Algeria, Bulgaria and Egypt covers the period between April 1, 2024 and March 31, 2025, while the period for Vietnam is between October 1, 2024 and March 31, 2025. Meanwhile, the countervailing duty investigation on the given products from the four countries... Read More