US DOC announced final antidumping duties on wire rod imports from Belarus, Russia, UAE
The US Department of Commerce (US DOC) has announced its final determinations in the antidumping duty investigation of imports of carbon and alloy steel wire rod from Belarus, Russia and the United Arab Emirates (UAE). Accordingly, the US DOC calculated the below final dumping margins for the mentioned imports from the three countries: Belarus Belarus-Wide Entity : 280.02% Russia Abinsk... Read More
US DOC announces preliminary antidumping margins on wire rod imports from Mexico
The US Department of Commerce (US DOC) has announced the preliminary results of the administrative review on the antidumping duty against the wire rod imports from Mexico. The review covered two Mexican producers/exporters, ArcelorMittal Las Truchas and Deacero, during the period from October 1, 2015 through September 30, 2016. The US DOC has determined that ArcelorMittal Las Truchas made no shipments to the US during the period of review, while assigning... Read More
US DOC postponed final determinations in antidumping case against wire rod imports
The US Department of Commerce (US DOC) announced that it is postponing the deadline for issuing the final determinations in the antidumping investigations of carbon and alloy steel wire rod from Italy, Korea, Spain, Turkey, and the United Kingdom until no later than March 15, 2018. Further, the US DOC is extending the provisional measures from a four-month period to a period of not more than six months. As the deadline for the final determinations... 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
US DOC announces preliminary antidumping margins against wire rod imports
The US International Trade Commission (US ITC) has announced that it has imposed preliminary antidumping duty on imports of carbon and alloy steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine, and the United Kingdom. The US Department of Commerce is scheduled to announce its final determinations on or about January 8, 2018, while the ITC is scheduled to make its final injury determinations in February 22, 2018. The products... 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
US DOC sets preliminary margins against wire rod imports from Belarus, Russia, and the UAE
The United States Department of Commerce (US DOC) announced preliminary findings that carbon and alloy steel wire rod from Belarus, Russia and the United Arab Emirates are being dumped in the US market. Preliminary margins are set as follows: Belarus : 280.02 percent Russia : 436.80-756.93 percent UAE ... 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
US DOC issues affirmative preliminary CVD rates for wire rod from Italy and Turkey
The US Department of Commerce (US DOC) announced the affirmative preliminary determinations in the countervailing duty (CVD) investigations of carbon and alloy steel wire rod, finding that exporters of subject merchandise from Italy and Turkey received countervailable subsidies. The petitioners are Gerdau Ameristeel US, Inc., Nucor, Keystone Consolidated Industries, and Charter Steel. In the Italy CVD investigation, the US DOC calculated the following... Read More