Egypt maintains antidumping duties on rebar imports
Egypt’s Ministry of Industry and Trade has decided to maintain the antidumping duties imposed on rebar imports from Turkey, Ukraine and China for a period of five years as of today, December 6, according to a report by Reuters. The ministry first imposed the antidumping duties on rebar imports from the three countries in question in June this year for a period of four months and then extended the duties for a further two months, bringing the total... Read More
Canada starts antidumping reinvestigation againts rebar imports from several countries
The Canada Border Services Agency (CBSA) has announced that it has initiated an antidumping duty reinvestigation to update the normal values and export prices respecting certain concrete reinforcing bar (rebar) originating in or exported from China, South Korea, Turkey, Belarus, Taiwan, the Hong Kong Special Administrative Region of the People’s Republic of China, Japan, Portugal and Spain and a countervailing duty reinvestigation to update... Read More
Short Range Outlook : December 2017
Demand now even better in global longs market as China continues to stay away Supply and demand in the global long steel products market are still balanced following the price increases caused by the rising cost of production amid the tight electrode supply and higher costs of other raw materials. The good news is that there is even better demand compared to previous months as exports from China are still far from putting too much pressure on the... Read More
Short Range Outlook – November 2017
Supply and demand still balanced in global longs market amid lack of Chinese pressure Supply and demand in the global long steel products market remain balanced as exports from China are still not exerting too much pressure on the international market. Strong demand seen all around the world The World Steel Association (worldsteel) has updated its forecast for global steel demand for 2017, forecasting around seven percent growth compared to 2016.... Read More
Pakistan imposes final antidumping duty on rebar imports from China
Pakistan’s National Tariff Commission has announced that it has imposed final antidumping duty on imports of deformed concrete reinforcing steel bars from China for a period of five years effective from October 23. The commission stated that the antidumping duty will not be levied on imports of the investigated product that are solely used as input in products destined solely for exports. Accordingly, the final antidumping duty for the deformed... Read More
India imposes final antidumping duty on wire rod imports from China
India’s Ministry of Finance has announced that it has imposed a final antidumping duty on imports of wire rod of alloy or non-alloy steel from China. The antidumping duty rates for the mentioned imports are as follows: for China-based Minmetals Yingkou Medium Plate Co., Ltd : equivalent to the difference between the realized value of the subject goods and $535/mt for all other Chinese exporters : equivalent to the difference between the realized... Read More
IREPAS in Athens: Global longs market in much better shape compared to 2016, but China needs to be watched
The 77th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Athens, Greece on September 24-26, 2017. There were 134 producer representatives among the 433 registered delegates from 44 different countries. There were also 76 registrations representing 43 different raw material suppliers. At the opening of the conference, Murat Cebecioglu, chairman of IREPAS, said he believed the outlook for the next quarter is very... Read More
Short Range Outlook – September 2017
Further improvements in global long steel market amid lack of pressure from China Demand in the global long steel products market is good and has even been increasing slightly in almost all markets as there is no pressure from China on the international market. Strong domestic steel consumption in China reduces prospects for Chinese exports Some months ago, the consensus of steel sector analysts was that steel demand in China would decrease during... Read More
The programme of the 77th IREPAS meeting in Athens
September 24th, Sunday 19:00 – 22:00 Welcome cocktail at Wyndham Grand Athens September 25th, Monday 09:00 – 09:15 Welcome address by Chairman of IREPAS 09:15 – 10:30 SESSION ONE – Global economic outlook - Global Economic and Market Developments Vassilis Patikis, Piraeus Bank / Head, Economic Research & Investment Strategy Structural Themes for the Post Crisis Global Economy US,... Read More
New Zealand starts antidumping duty probe for rebar imports from China and Malaysia
New Zealand’s Ministry of Business, Innovation and Employment has announced that it has initiated an antidumping (AD) investigation regarding reinforcing steel bar and coil imports from China and Malaysia and a countervailing duty (CVD) investigation for the same products imported from China. The investigations was launched upon the complaint from Pacific Steel, the sole producer of rebar in New Zealand, claiming that the mentioned goods imported... Read More