US wire rod producers file AD/CVD petition against 10 countries
Below mentioned four major US steel producers, Gerdau Ameristeel US Inc., Nucor Corporation Keystone Consolidated Industries, Inc., Charter Steel today filed petitions charging that unfairly-traded imports of carbon and alloy steel wire rod from Belarus, Italy, South Korea, Russia, South Africa, Spain, Turkey, Ukraine, United Arab Emirates, United Kingdom are causing material injury to the domestic industry. The petitions allege that producers... Read More
IREPAS in Budapest: Market players optimistic about outlook for steel
The 76th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Budapest, Hungary on March 26-28, 2017. There were 107 producer representatives among the 352 registered delegates from 40 different countries. There were also 58 registrations representing 35 different raw material suppliers. At the opening of the conference, Murat Cebecioglu, chairman of IREPAS said that the steel industry has once again succeeded in... Read More
Short Range Outlook : March 2017
Still improving supply-demand balance creates brighter picture in global longs market The supply-demand balance continues to improve in regions like the US, Europe and Asia, contributing to a brighter picture in the global long steel products market. US market boosted by restocking and infrastructure spending expectations Demand has improved in the US as buyers have been restocking. In addition, President Trump’s promise to spend one trillion... Read More
US DOC issues preliminary decision of CVD review on Turkish rebar
According to a statement issued by the Turkish Steel Exporters’ Association (CIB), the US Department of Commerce (DOC) as announced the preliminary results of its administrative review of the countervailing duty (CVD) order on rebar imports from Turkey, imposed on September 15, 2014. Accordingly, in its preliminary decision the US DOC has calculated the countervailing duty rate for rebar imports from Turkey as 0.0 percent for Turkish steel producers... Read More
US DOC postpones preliminary determination in Turkish rebar investigation
The US Department of Commerce (DOC) has announced that it has postponed its preliminary decision regarding the countervailing duty (CVD) investigation on rebar imports from Turkey, which was due no later than December 15, since it will need more time to make the preliminary determination. The new deadline for the preliminary determination is February 21, 2017. Meanwhile, the deadline for the final determination will continue to be 75 days after the... Read More
US ITC voted to continue investigation on rebar imports from Japan, Taiwan and Turkey
The United States International Trade Commission (US ITC) determined on November 3rd that there is a reasonable indication that the US industry is materially injured by reason of imports of steel concrete reinforcing bars from Japan, Taiwan, and Turkey that are allegedly sold in the United States at less than fair value and subsidized by the government of Turkey. All six Commissioners voted in the affirmative. As a result of the ITC’s affirmative... 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, and Turkish rebar producers are dumping their product into the... Read More
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 (CIT). Accordingly, the DOC has amended the dumping margin for reinforcing... Read More
US DOC publishes final results of AD review on wire rod imports from Mexico
The US Department of Commerce (DOC) published Monday the amended final results of its recent administrative review of the antidumping (AD) order on carbon and certain alloy steel wire rod from Mexico. The review covered one Mexican producer/exporter and its affiliated U.S. importer – Deacero S.A.P.I. de C.V. and Deacero USA, Inc. (collectively “Deacero”) – during the period from October 1, 2012 through September 30, 2013. As the result of... Read More
US DOC calculated 2.13 percent final dumping margin on Mexican wire rod
The US Department of Commerce (DOC) published the final results of its administrative review of the antidumping order on carbon and certain alloy steel wire rod from Mexico, on May 12th. The subject review covered one Mexican producer/exporter and its affiliated U.S. importer – Deacero S.A.P.I. de C.V. and Deacero USA, Inc. (collectively “Deacero”) – during the period from October 1, 2012 through September 30, 2013. The DOC calculated a final... Read More