Australia grants more time for antidumping duty investigation on rebar imports from China
Australia’s Antidumping Commission has announced that it has been granted more time by the Australian government for the antidumping duty investigation against Chinese rebar imports. The deadline for the completion of the investigation is February 6, 2016. The commission needs more time to thoroughly assess the market situation and material injury claims. The antidumping duty investigation was launched in July this year and the goods subject to... Read More
Provisional antidumping duties on Chinese wire rod imports to Colombia
The Colombian ministry of commerce, industry and tourism, MINCIT, has applied provisional antidumping measures on imports of wire rod from China, according to a recent government resolution. According to MINCIT, the levies are now effective and will last for a period of four months, and correspond to the “difference between base FOB $541.06/mt price and the FOB price declared for the imported product, always and whenever the last is cheaper than... Read More
Chilean producer applies for antidumping investigation against wire rod imports from China
According to media reports, Chilean steel producer CAP Acero has requested the nation’s price distortion commission, CNDP, to start antidumping investigations on the imports of wire rod from China. The Chilean producer reportedly blamed the Chinese imports of the product for the “damages” it has caused to the local steel industry, as wire rod imports from China have reached “significant volumes”. According to same media reports, CAP Acero... Read More
Australia revised preliminary antidumping duty on imports of rebar
The Australian Government Antidumping Commission has announced that it has revised the preliminary antidumping (AD) duty on rebar imports from South Korea, Singapore, Spain and Taiwan. The preliminary antidumping rates now range between 9.7-14.3 percent for South Korea, 3-8.2 percent for Spain, 6.6 percent for Singapore and 4.7-8.9 percent for Taiwan. The antidumping duty investigation was launched in October 2014 upon the application of domestic... Read More
Short Range Outlook : September 2015
Long steel demand reasonable in Europe and North America for the season Trade for long steel products has been slower due to summer breaks in the northern hemisphere, although demand in Europe and North America could be described as reasonable for the season. Oversupply remains biggest problem Some oil producer countries are showing the effects of oil price reductions in terms of lower demand and currency devaluations that restrict imports. Oversupply... Read More
Mexico started AD investigation against wire rod imports from China
The Mexican economy secretariat, SE, has started AD investigations on imports of wire rod from China, it said on September the 1st, following recent countervailing duties applied on imports of graphite electrodes for electric arc furnaces from the Asian country. SE said it accepted the request of local producers ArcelorMittal, Deacero and Ternium, which claim the imports of the product from China had followed unfair trade practices. SE said the... Read More
AD duty investigation initiated against Chinese wire rod imports to Australia
Australia’s Antidumping Commission has announced that it has initiated an antidumping (AD) duty investigation against Chinese wire rod imports. The duty investigation launched following an application lodged by domestic wire rod producer OneSteel Manufacturing Pty Ltd covers the period between July 1, 2014 and June 30, 2015. The application alleges that Chinese wire rod has been exported to Australia at prices less than their normal value and that... Read More
Short Range Outlook : July 2015
Reasonable demand in many markets such as US and Europe Demand for long steel products continues to be reasonable in many areas like America or Europe but is slowing down in countries in the Middle East and North Africa (MENA) region due to seasonal reasons. Pressure from Chinese goods intensifies A new wave of offers for all kinds of Chinese origin steel is adding to the pressure and increasing competition. All the while Chinese consumption has... Read More
Australia initiates AD duty investigation againts rebar imports from China
Australia’s Antidumping Commission has announced that it has initiated an antidumping (AD) duty investigation against rebar imports from China. The duty investigation launched by following an application lodged by domestic producer OneSteel Manufacturing Pty Ltd covers the period between July 1, 2014 and June 30, 2015. The application alleges that Chinese rebar has been exported to Australia at prices less than their normal value and that the dumping... 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