Australia maintains antidumping duty on rebar imports from China
Australia’s Antidumping Commission has announced that it has decided to maintain the antidumping (AD) duty on rebar imported from China for another five years until April 13, 2026. The sunset review was initiated on July 10, 2020, for the period from July 1, 2019 to June 30, 2020. The existing antidumping duty on rebar up to 50 mm diameter from China was imposed in 2016 at 19... Read More
Short Range Outlook : April 2021
Producers dominate in global longs market, outlook appears very positive Lead times are longer than ever in the global long steel products market and there is still strong demand, encouraging mills to continue increasing their prices. The situation has certainly become better from the producers’ point of view. They are all making money and their lead times are elongated. Shortages... Read More
US DOC lowers antidumping duty on wire rod imports from POSCO
The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping duty order on carbon and alloy steel wire rod imported from South Korean steel producer POSCO for the period between October 31, 2017 and April 30, 2019. Accordingly, the US DOC has determined that POSCO’s sales of the subject goods were made below normal value during... Read More
Preliminary result of countervailing duty review on rebar from Turkey to the US
The US Department of Commerce (DOC) has announced the affirmative preliminary results of its administrative review of the countervailing duty (CVD) order on reinforcing bars imported from Turkey. Accordingly, the DOC has preliminarily determined that; Kaptan Demir Celik, Colakoglu Dis Ticaret A.S., and Colakoglu Metalürji A.S. received a countervailable subsidy rate at 2.55 percent,... Read More
Short Range Outlook : March 2021
Spring brings generally bright prospects for global long steel market The current situation and sentiments are generally very good in the global long steel products market. Order books are mostly filled to above average levels. The holiday season is over, winter in the northern hemisphere is coming to an end and vaccinations are progressing. These factors as well as stimulus activities,... Read More
Agenda and registration for the 84th IREPAS meeting
As announced before the 84th IREPAS meeting will go virtual on March 15th to ensure the health and well-being of all participants. The attendees of the virtual meeting will be able to watch the global long steel market presentation by Mr Alex Gordienko of Celsa and the panel discussion involving the chairmen of the IREPAS committees. The online event will also be an interactive... Read More
Canada issues preliminary antidumping margins on rebar from seven countries
The Canada Border Services Agency (CBSA) has announced the preliminary determination of its antidumping (AD) duty investigation against certain concrete reinforcing bar imports from Algeria, Egypt, Indonesia, Italy, Malaysia, Singapore and Vietnam. The investigation was initiated in September 2020, after a complaint filed by the below domestic steelmakers AltaSteel Inc. ArcelorMittal... Read More
Short Range Outlook : February 2021
Sentiment improves in global longs market, concerns remain for February and March Despite some very good margins for December, the global long steel products market is facing more concerns for February and March. China did increase its presence in the export markets and did enter at prices comparable to other sources, but ended up lowering its prices quite quickly. In the current... Read More
84th IREPAS Meeting will be held virtually
The world is still struggling with the unprecedented challenge of COVID-19, and the travel restrictions and other issues continue to limit the movement of people. Under these circumstances, the IREPAS board have decided to hold the 84th IREPAS Meeting on March 15th,2021 virtually. Details will be announced soon. Read More
Short Range Outlook : January 2021
Short supply in global longs market, full impact of vaccines remains to be seen Supply is still on the short side in the global long steel products market and this situation will probably not change until the second quarter. Chinese demand for raw materials and semi-finished products has been providing the main boost to the markets. As vaccines have started to be released, depleted... Read More