US DOC recalculated antidumping margin on rebar imports from Turkey

The US Department of Commerce has recalculated the antidumping duty on reinforcing bar imports from Turkey, as per sources. The US DOC had calculated the antidumping duty rate for reinforcing bar imports from Turkey as zero percent in its final decision made on September 9, 2014. However, the US industry appealed the DOC’s final determination to the US Court of International Trade... Read More

Thailand imposes antidumping duties on low-carbon wire rod imports from China

Thailand’s Department of Foreign Trade has announced that it has decided to impose antidumping duty on low-carbon wire rod imports from China for a period of five years. The antidumping duty rates range from 12.81 percent to 31.15 percent for goods falling under Customs Tariff Statistics Position Numbers 7213.9120.000, 7213.9190.010, 7213.9190.011, 7213.9190.012, 7213.9190.013,... Read More

Short Range Outlook : March 2016

Improved conditions finally observed in global long steel market Conditions in the global long steel market is better as demand is steady or has edged up. Good news on demand side The long steel products market had recently fallen to price levels that made no economic sense and doing business had become questionable. The steel world dropped off into a senseless across-the-board... Read More

Australia initiates CVD investigation for wire rod imports from China

Australia’s Antidumping Commission has announced that it has initiated a countervailing duty (CVD) investigation regarding imports of wire rod from China. The application lodged by Australian wire rod producer OneSteel Manufacturing Pty Ltd claims that the goods in question exported to Australia have been in receipt of countervailable subsidies from China and that the subsidization... Read More

Colombia extended existing antidumping duties on imports of wire rod from China

Colombia’s ministry of commerce, industry and tourism, MINCIT, has extended existing provisional antidumping duties on the imports of wire rod from China, it said. According to MINCIT, the levies were extended for two more months, and correspond to the “difference between base FOB $541.06/mt price and the FOB price declared for the imported product, always and whenever the last... Read More

Australia imposes preliminary antidumping duty on wire rod imports from China

Australia’s Antidumping Commission has announced that it has imposed a preliminary antidumping duty against Chinese wire rod imports. Accordingly, the preliminary dumping duty rates are as follows: Hunan Valin Xiangtang Iron & Steel Co. Ltd – 32.1 percent, Jiangsu Shangang Group Co., Ltd – 28.2 percent, Uncooperative and all other exporters from China –... Read More

Antidumping duty requested on Deacero’s rebar exports to Chile

Chile’s CAP Acero and Gerdau requested that the Chilean price distortion commission, CNDP, investigate antidumping practices over the imports of rebar from Mexican producer Deacero, according to a document filing published at the nation’s Diario Oficial, Chile’s official gazette. According to the filing, Deacero exported rebar to Chile at lower prices. CNDP used ex-works export... Read More

India announced minimum import prices

India’s Ministry of Commerce and Industry has announced a minimum import price for steel imports, valid for six months from the date of notification, February 5, or until further announcements. Imports covered by letters of credit already entered into before the date of notification will be exempt from the minimum import price implementation. The minimum steel import prices for... Read More

Australia revises preliminary antidumping duty rates on imports of rebar from China

Australia’s Antidumping Commission has announced that it has revised its preliminary antidumping duty rates for reinforcing bar imports from China. The revised duty rates are as follows: Shandong Shiheng Special Steel Group : 9.3 percent Shandong Iron and Steel Company Limited, Laiwu Company : 5.8 percent Jiangsu Yonggang Group Co. Ltd. : 13.5 percent Hunan Valin Xiangtan Iron... Read More

Short Range Outlook : February 2016

Slightly better conditions in global long steel market but significant risk still exists Conditions in the global long steel products market are slightly better as we can see a “better” supply and demand balance in China and the US due to output cuts at the end of 2015 and amid the restocking cycle in North America and Europe during the first quarter of 2016.  On the other... Read More