US DOC calculates lower AD margins for Mexican wire rod imports
The US Department of Commerce (DOC) announced its preliminary results in the administrative review of the antidumping order on carbon and certain alloy steel wire rod imports from Mexico. The review covers one Mexican producer/exporter and its affiliated US importer – Deacero S.A. de C.V. and Deacero USA, Inc. (collectively Deacero”) – during the period from October 1, 2012... Read More
Turkey raised customs duties for wire rod and bar imports
Turkey has increased the duty rates on wire rod and steel bar imports. The import duty on boron added wire rods now stands at 40 percent as opposed to the previously valid 3 percent duty rate. The duty on imports of steel bars has been raised to 30 percent from the previous level of 15 percent. Read More
Australia initiated antidumping investigation against rebar imports
The Australian Government Antidumping Commission has announced that it has initiated an antidumping (AD) duty investigation against rebar imports from South Korea, Malaysia, Singapore, Spain, Taiwan, Thailand and Turkey. The investigation launched upon the application of domestic steel producer OneSteel Manufacturing Pty Ltd (OneSteel) will cover the period between July 1, 2013... Read More
Temporary tariffs imposed in Egypt
Egyptian Ministry of Industry and Foreign Trade announced that; temporary tariffs have been imposed to protect domestic reinforcing steel bar manufacturers. The 7.3 percent tariffs will last for a maximum of 200 days, but could eventually be made permament, the ministry said. Egyptian steelmakers have expressed concern about imports from Turkey, the world’s leading steel... Read More
IREPAS in Berlin: Specter of rising Chinese exports haunts the markets
The 71st meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Berlin, Germany on September 28-30. There were 82 producer representatives among the 288 registered delegates from 40 different countries. There were 48 registrations representing 33 different raw material suppliers. Raw material suppliers: Increasing Chinese exports will alter market... Read More
72nd IREPAS meeting will be held in Paris
Our 72nd meeting will be held on March 22nd to 24th, 2015 in Paris, France in conjunction with the SteelOrbis Spring’15 Conference. All details will be announced soon. Read More
Chairman Marti: Fear of oversupply from China justified
Speaking at the opening of the SteelOrbis 2014 Fall Conference & 71st IREPAS meeting in Berlin on September 29, IREPAS chairman Kim Marti stated that the global economy is showing positive signals with 3.3 percent growth expected this year and 4 percent in 2015, adding that the US economy is also accelerating, helping the whole world to grow, especially its neighbors Canada... Read More
The program of the 71st IREPAS meeting
Herebelow is the program of the SteelOrbis Fall’14 Conference & the 71st IREPAS meeting which is to be held in Berlin. September 28th, Sunday 14:00 – 19:00 Registration desk opens at the lobby 19:00 – 23:00 Welcome Cocktail at Hilton Berlin Hotel September 29th, Monday 08:30 – 09:00 Registration desk opens at the conference area 09:00 – 10:00 Welcome... Read More
US DOC released final determination on rebar imports from Mexico and Turkey
The US Department of Commerce (DOC) released its final determinations in the antidumping investigations of rebar from Mexico and Turkey and the countervailing duty investigation of rebar from Turkey on September 9th, Tuesday. The DOC has calculated the following final dumping duty margins on imports from Mexico: Deacero : 20.58% (preliminary determinaton... Read More
Short Range Outlook : September 2014
Challenging times in global longs market despite some demand improvements There has been a reasonable resumption of demand for long steel products in the North American and northern EU markets following the holiday period. Overall, the supply-demand imbalance seems to have eased, particularly for semi-finished materials, as a result of some cuts in production. Geopolitical conflict... Read More