Short Range Outlook : July 2026
Global longs market worsens further, but tide may turn if geopolitical risks continue to ease The overall business environment in the global long steel products market has deteriorated again. Everything is even more difficult and complexities are increasing further. Nevertheless, the apparent de-escalation of the conflict involving Iran could mark an important turning point. If geopolitical risks continue to ease, we may be approaching the bottom... Read More
US issues final antidumping duty results on wire rod from Mexico
The US Department of Commerce (DOC) has released the final results of the administrative review of the antidumping duty (AD) order on carbon and certain alloy steel wire rod (wire rod) from Mexico for the period between October 1, 2023, and September 30, 2024. The DOC determined that Deacero S.A.P.I. de C.V. and Deacero Summit S.A.P.I. de C.V., treated as a single entity, made sales of subject merchandise at less than normal value during the period... Read More
EU announces new steel import quota volumes and implementation changes
The European Union has introduced the details of the new steel import regulations, including quota volumes, and made some changes regarding the implementation of the measures. The new regulation aimed at addressing the negative trade-related effects of global overcapacity on its steel market, replacing the existing safeguard measures set to expire in June 2026 and set to enter into force on July 1, 2026. The regulation sets the total annual tariff-rate... Read More
Short Range Outlook : April 2026
Global longs market deteriorates further amid war-related supply-side shock, ceasefire in Iran war offers hope There have been no signs of improvement in the global long steel products market. On the contrary, the current business environment has, unfortunately, deteriorated rather than improved in terms of the supply and demand balance. The wars, particularly in Iran and Ukraine, have significantly exacerbated existing disruptions across global... Read More
US ITC votes to maintain duties on wire rod imports from five countries
The US International Trade Commission (ITC) has determined that revoking the existing antidumping duty order on wire rod from Brazil, Indonesia, Mexico, Moldova, and Trinidad and Tobago or the countervailing duty order on wire rod from Brazil 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... Read More
US issues preliminary results of antidumping order on wire rod imports from Mexico
The US Department of Commerce (DOC) has issued the preliminary results of the administrative review of the antidumping duty order on carbon and certain alloy steel wire rod from Mexico for the period of review between October 1, 2023, and September 30, 2024. The DOC has preliminarily found that Deacero S.A.P.I. de C.V./Deacero Summit S.A.P.I. de C.V. made sales of the subject merchandise at prices below normal value during the period of review. The... Read More
US rescinding antidumping order on wire rod imports from Ukraine
The US Department of Commerce (DOC) has announced it will be rescinding the administrative review of the antidumping duty (AD) order on carbon and alloy steel wire rod (wire rod) from Ukraine between March 1, 2024, and February 28, 2025. The DOC has decided to rescind the administrative review of the AD order because there were no reviewable entries of subject merchandise for which liquidation is suspended, or in other words, there were no entries... Read More
Short Range Outlook : February 2026
Buyers cautious in global long steel products market, supply pressure remains high Demand remains weak in the global long steel products market, both structurally and seasonally. Buyers are cautious, operating on a hand-to-mouth basis and are still delaying medium- or long-term commitments. At the same time, supply pressure remains high. China has finally shown a significant production decline (with 2025 output down to 960 million mt, below one billion... Read More
UK launches expiry review of antidumping duty on wire rod imports from China
The UK’s Trade Remedies Authority (TRA) has announced that it has initiated an expiry review of the antidumping (AD) duty on wire rod imports from China. The investigation, which covers the period from October 1, 2024, to September 30, 2025, was launched upon the request of domestic producer 7 Steel (UK) Limited. The TRA will review whether the termination of the antidumping duty would lead to a continuation of dumped imports and the resumption... Read More
US maintains AD/CVD orders on steel wire rod imports from China
The US Department of Commerce (DOC) has announced the final results of the sunset review of the antidumping duty and countervailing duty orders on carbon and certain alloy steel wire rod (wire rod) from China. The DOC has determined that revocation of the antidumping duty and the countervailing duty orders on wire rod from China would likely to lead to the continuation or reoccurrence of dumping and injury to the US industry. The dumping margins are... Read More