Australia terminated antidumping probe on rod in coils imports from Indonesia, S. Korea and Vietnam
Australia’s Antidumping Commission has announced that it has terminated the antidumping duty investigation regarding imports of rod in coils from Indonesia, South Korea and Vietnam. As a result of the investigation, the commission decided that the goods exported from Indonesia by PT Ispat Indo were dumped but by a margin of less than 2 percent, the goods exported from Vietnam were not dumped and there has been dumping of the goods by all other exporters... Read More
US DOC issues final AD/CVD decisions for wire rod imports from five countries
The US Department of Commerce (DOC) has announced its final determinations in the antidumping duty investigations of imports of carbon and alloy steel wire rod from Italy, South Korea, Spain, Turkey and the UK and countervailing duty investigations of the same imports from Italy and Turkey. Antidumping duty rates are as follows: Italy Ferriere Nord S.p.A. : 12.41% Ferriera Valsider S.p.A. ... Read More
US ITC issues injury determination in case against wire rod from Ukraine and South Africa
The United States International Trade Commission (US ITC) today determined that a US industry is materially injured or threatened with material injury by reason of imports of carbon and alloy steel wire rod from South Africa and Ukraine that the US Department of Commerce (US DOC) has determined are sold in the United States at less than fair value. Chairman Rhonda K. Schmidtlein, Vice Chairman David S. Johanson, and Commissioners Irving A. Williamson... Read More
US DOC announced final antidumping duty on wire rod imports from S. Africa and Ukraine
The US Department of Commerce (US DOC) has announced that it has imposed final antidumping duty on imports of carbon and alloy steel wire rod from South Africa and Ukraine. Accordingly, the US DOC has calculated the following dumping rates: South Africa ArcelorMittal South Africa Limited : 142.26 percent Scaw South Africa (Pty) Ltd. (also... Read More
Short Range Outlook : January 2018
Very positive prospects for global long steel market in 2018 The supply and demand balance in the global long steel products market has improved and may now be described as excellent. Demand remains strong almost everywhere and sentiment is also very good. It seems that 2018 will be a replica of 2017 as the prospects are very positive. China has been the main story in 2017 China has been the main story in 2017. It is not exactly out of the market:... Read More
Ukraine imposes antidumping duty on imports of rebar and wire rod from Russia
The Ukrainian Interdepartmental Commission on International Trade has announced that it has imposed a definitive antidumping (AD) duty on imports of reinforcing bar and wire rod from Russia for a period of five years. The decision will come into effect 60 days after the official publication of the decision. The antidumping duty rates are announced as follows: Reinforcing bar (diameter 6 – 40 mm) : 15.21 percent Wire rod (diameter 5.5 mm -... Read More
US ITC affirms antidumping duties for wire rod imports from Belarus, Russia and UAE
The United States International Trade Commission (US ITC) today affirmed the US Department of Commerce’s (US DOC) final determinations in the investigation of imports of carbon and certain alloy steel wire rod from Belarus, Russia, and the United Arab Emirates. As a result of the US ITC’s affirmative determinations, the US DOC will issue antidumping duty orders on imports of this product from Belarus, Russia, and the United Arab Emirates. Final... Read More
China cancels export tax on finished steel products
Chinese authorities have announced that taxes on exports of steel products including deformed reinforcing bars and wire rods will be cancelled from January 1st onwards, taking into consideration the industrial developments and changing export market conditions. It is also announced that the tax on exports of steel billets will be reduced to 10 percent from the current level of 15 percent. Read More
US DOC announced final antidumping margins on wire rod imports from Belarus, Russia, and UAE
The US Department of Commerce (US DOC) determines that imports of carbon and alloy steel wire rod from Belarus, Russia, and the United Arab Emirates are being, or are likely to be, sold in the United States at less than fair value. The final estimated weighted-average dumping margins are as follows: Belarus BSW (BMZ) : 280.02% Russia Abinsk Electric Steel Works Ltd :... Read More
US DOC revises preliminary antidumping duty rate on wire rod imports from South Korea
The US Department of Commerce (US DOC) has announced that it has amended the preliminary antidumping duty decision regarding the antidumping investigation on imports of carbon and alloy steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine, and the United Kingdom, upon a complaint lodged by US-based companies Gerdau Ameristeel US Inc., Keystone Consolidated Industries, Inc., and Charter Steel, alleging that the US DOC made a... Read More