Australia imposes preliminary antidumping duty on wire rod imports from China
Australia’s Antidumping Commission has announced that it has imposed a preliminary antidumping duty against Chinese wire rod imports. Accordingly, the preliminary dumping duty rates are as follows: Hunan Valin Xiangtang Iron & Steel Co. Ltd – 32.1 percent, Jiangsu Shangang Group Co., Ltd – 28.2 percent, Uncooperative and all other exporters from China – 53.9 percent The duty investigation was launched on August 12, 2015,... Read More
Antidumping duty requested on Deacero’s rebar exports to Chile
Chile’s CAP Acero and Gerdau requested that the Chilean price distortion commission, CNDP, investigate antidumping practices over the imports of rebar from Mexican producer Deacero, according to a document filing published at the nation’s Diario Oficial, Chile’s official gazette. According to the filing, Deacero exported rebar to Chile at lower prices. CNDP used ex-works export prices from Monterrey as well as effective export prices as a base... Read More
Australia revises preliminary antidumping duty rates on imports of rebar from China
Australia’s Antidumping Commission has announced that it has revised its preliminary antidumping duty rates for reinforcing bar imports from China. The revised duty rates are as follows: Shandong Shiheng Special Steel Group : 9.3 percent Shandong Iron and Steel Company Limited, Laiwu Company : 5.8 percent Jiangsu Yonggang Group Co. Ltd. : 13.5 percent Hunan Valin Xiangtan Iron & Steel Co. Ltd : 11.3 percent Uncooperative and all other exporters... Read More
EUROFER not happy with the provisional antidumping duty on Chinese HFP rebar imports
The European Steel Association (EUROFER) has stated that it welcomes the European Commission’s imposition of provisional antidumping measures on imports of Chinese origin high fatigue performance (HFP) rebar, but also questions their effectiveness in actually deterring wider Chinese dumping. According to EUROFER, the provisional measures, as low as nine percent, cannot remedy the massive injury caused by Chinese HFP rebar import surges, which have... Read More
Provisional antidumping duty imposed on HFP rebar imports from China to the EU
The European Commission has announced that it has decided to impose provisional antidumping duty on high fatigue performance (HFP) rebar imports from China for a period of six months. The investigation was launched on April 30, 2015 as a result of an application by EUROFER, alleging that imports of HFP rebar from China have increased in absolute terms and in terms of market share. The investigation covers the period from April 1, 2014 to March 31,... Read More
Brazil initiates antidumping investigation for rebar imports from Turkey
The Brazilian government has announced that it has initiated an antidumping investigation on rebar imports from Turkey. The investigation was launched upon the complaint lodged by local producers Gerdau and ArcelorMittal, which claimed that rebar imports from Turkey were dumped and have been causing material injury to the domestic industry. The investigation covers the period between July 2014 and June 2015. In their application, Gerdau and ArcelorMittal... Read More
Short Range Outlook : December 2015
Sentiment generally negative in global long steel products market Sentiment in the global long steel products market is generally negative due to the expected seasonal slowdown at the end of the year. Most markets are approaching holidays periods and, as buyers in many areas decided on their last purchases of the year in the previous weeks, activity has slackened lately. EU and North American mills have been able to get their orders Long product mills... Read More
Short Range Outlook : November 2015
Downtrend in global longs market in October against all seasonal expectations The global long steel products market has come back to life at the end of October and in early November as speculative purchasing has started to be observed following the downward spiral of scrap prices seen after the last IREPAS meeting held in Rome in early October, which had made it almost impossible to sell products in the market. The market moved on a downward trend... Read More
EU will continue the antidumping duty on wire rod imports from China
The European Commission has announced that it has decided to continue collecting antidumping (AD) duty from Chinese wire rod imports following the expiry review initiated in August 2014. Taking into consideration the immense production level of wire rod in China and its dumping practices to third countries as well as the attractiveness of the EU market, the Commission has found that there is a strong likelihood that the repeal of the antidumping measures... Read More
Pakistan initiates dumping investigation against wire rod imports from China
Pakistan’s National Tariff Commission has announced that it has initiated an antidumping duty investigation against wire rod imports from China. The investigation will cover the period between July 1, 2014 and June 30, 2015 and it will determine whether the wire rod originating in and/or exported from China was dumped into Pakistan and whether such dumping has caused and/or is causing material injury to the domestic industry. The products subject... Read More