IREPAS in Vienna: Global longs market focuses on challenges amid signs of stabilization
The 75th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Vienna, Austria on September 25-27, 2016. There were 94 producer representatives among the 285 registered delegates from 33 different countries. There were also 44 registrations representing 30 different raw material suppliers. On the last day of the conference, producers of long steel... Read More
Malaysia sets preliminary safeguard duty on imports of wire rod and debar in coils
The Malaysian government has announced the preliminary determinations in its safeguard investigation regarding imports of wire rod and deformed bar in coils. Accordingly, the preliminary safeguard duty rate is 13.90 percent for imports of wire rod and deformed bar in coils. The investigation launched in May this year upon the complaint lodged by Malaysia Steel Association (MSA)... Read More
Malaysia imposes preliminary safeguard duty on rebar imports
The Malaysian government has announced the preliminary decision in its safeguard investigation regarding rebar imports into Malaysia. The government stated that there was an increase in imports of the products during the investigation period, which is from October 1, 2012 to September 30, 2015, and the increase in imports has caused serious injury to the domestic industry in respect... Read More
US rebar coalition files AD/CVD petition against imports from Turkey, Japan and Taiwan
The Rebar Trade Action Coalition (RTAC), a coalition of US rebar producers, filed petitions asking the US Department of Commerce and the International Trade Commission to conduct antidumping investigations into imports of rebar from Japan, Taiwan, and Turkey , and a countervailing duty investigation into imports of rebar from Turkey. The petitions demonstrate that Japanese, Taiwanese,... Read More
Short Range Outlook : September 2016
Increased stability and reduced price spreads in global long steel market The global long steel products market has seen some stability over the last few weeks as the increase in Chinese origin offer prices halted the weakening of global long product prices. The spread between Chinese and Turkish origin reinforcing bar prices has narrowed significantly and is becoming even narrower.... Read More
Mexico extends CVD on Ukrainian wire rod imports for five more years
Mexico’s economy secretariat, SE, has extended existing definite countervailing duties (CVD) already applied to the imports of non-alloyed wire rod from Ukraine, it said on Friday. According to SE, it found sufficient elements to determine that eliminating existing CVD over the imports of the product from Ukraine would result in the “repetition” of what it labeled as “unfair... Read More
The programme of the 75th IREPAS meeting
September 25th, Sunday 19:00 – 22:00 Welcome Cocktail at Intercontinental Vienna September 26th, Monday 09:00 – 09:25 Welcome address by Chairman of IREPAS 09:25 – 10:25 SESSION ONE - Global economic developments... Read More
Chinese miners back down on AD probe against iron ore imports
The vice chairman of the Metallurgical Miners’ Association of China (MMAC) Mr Lei Pingxi has told local media that the Chinese miners has not officially requested an antidumping probe against the huge volume of low-priced iron ore imports from Brazil and Australia, but it was rather a suggestion. The vice president pointed out that this suggestion from the miners was published... Read More
Short Range Outlook : August 2016
Global long steel products market still in critical situation despite greater price stability The global long steel products market is still in a critical situation as market activity has been pretty slow for a long time. Demand in the market has softened but supply remains the same. Buyers have been receiving offer alternatives but they are not in a hurry to buy. As such, sizable... Read More
EU imposes definitive antidumping duty on HFP rebar imports from China
The European Commission (EC) has announced that it has imposed definitive antidumping duty on high fatigue performance (HFP) rebar imports from China. The final antidumping duties are as follows: 48.1 percent for Jiangsu Yonggang Group Co., Ltd, Jiangsu Lianfeng Industrial Co., Ltd, Zhangjiagang Hongchang High Wires Co., Ltd and Zhangjiagang Shatai Steel Co., Ltd, 62.1 percent... Read More