Dumping investigation on wire rods from Turkey to Australia is terminated
Australia’s Antidumping Commission has announced that it has terminated the antidumping (AD) duty investigation against imports of hot rolled wire rod in coils with diameter of less than 14 mm from Turkey. The commission found that, regarding exports of the products in question from Turkish steelmaker Habas Sinai ve Tibbi Gazlar Istihsal Endüstrisi A.Ş (Habas), there has been dumping of the goods, though the dumping margin is less than two... Read More
Australia extends AD investigation on wire rod in coils
Australia’s Antidumping Commission has announced that it has extended the antidumping (AD) duty investigation against imports of hot rolled wire rod in coils with diameter of less than 14 mm from Indonesia, Taiwan and Turkey. The final decision will now be made on May 13. The investigation was launched in April 2014 upon the application made by Australian steel producer OneSteel Manufacturing Pty Ltd (OneSteel). The products subject to the antidumping... Read More
Australia extended dumping investigation on rebar imports again
Australia’s Antidumping Commission has announced that it has further extended the antidumping (AD) duty investigation against rebar imports from South Korea, Malaysia, Singapore, Spain, Taiwan, Thailand and Turkey, to be able to conduct verification of exporters’ data,. The final decision now will be made on or before August 17, 2015. The investigation had already been extended in February. The commission imposed a preliminary antidumping... Read More
IREPAS in Paris: Long steel players continue to look for opportunities amid ongoing challenges
The 72nd meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Paris, France on March 22-24, 2015. There were 95 producer representatives among the 304 registered delegates from 40 different countries. There were also 39 registrations representing 28 different raw material suppliers. On the last day of the conference, producers of long steel products and steel billet, as well as traders and raw material suppliers,... Read More
Iran hikes import duties on steel
Reuters reported that the Iranian government has raised customs duties on certain steel imports to 10-20 percent to protect domestic steelmakers against the surge in Chinese exports. Reuters quoted Keyvan Ja’fari Tehrani, head of international affairs at the Iranian Iron Ore Producers and Exporters Association (IRIOPEX), as saying, “A steel import tax has been imposed… to protect local steel mills against dumping by China, Russia... Read More
Short Range Outlook : March 2015
Global long steel market remains under strong pressure from supply side The global long steel products market is still under supply pressure with strong and agressive offers in terms of volumes and prices. Imbalance between scrap and iron ore prices closes faster than expected The imbalance between prices of iron ore and scrap has been closing as expected, but at a much faster rate. Lower scrap prices will benefit EAF-based producers and help them... Read More
Australia announced preliminary AD decision against wire rod imports
Australia’s Antidumping Commission has announced its preliminary decision regarding the antidumping (AD) investigation against imports of hot rolled wire rod in coils with diameter of less than 14 mm from Indonesia, Taiwan and Turkey. The investigation was launched in April 2014 following an application filed by the Australian steel producer OneSteel Manufacturing Pty Ltd (OneSteel). The commission has calculated preliminary dumping margins... Read More
Australia extended AD duty investigation on certain rebar imports
Australia’s Antidumping Commission has announced that it has extended the antidumping (AD) duty investigation against rebar imports from South Korea, Malaysia, Singapore, Spain, Taiwan, Thailand and Turkey, due to the large number of countries involved in the investigation. The final decision now will be made on or before May 7, 2015. The investigation was launched in October 2014 upon the application of domestic steel producer OneSteel Manufacturing... Read More
Short Range Outlook : February 2015
Strong supply pressure and agressive offers in global long steel market The global long steel products market has been under supply pressure with strong and agressive offers in terms of volumes and prices since the beginning of 2015. Healthy demand in North America Markets in North America keep showing healthy demand. The reinforcing bars market in the US increased to almost 8 million metric tons in 2014, although imports at competitive pricing have... Read More
Australia extended AD investigation against wire rod imports once again
Australia’s Antidumping Commission has announced that it has extended the period for its antidumping (AD) duty investigation against imports of wire rod in coils from Indonesia, Taiwan and Turkey once again, this time until April 15, 2015. The commission had already extended the deadline to January 15, 2015 back in October 2014. The antidumping duty investigation in question was launched in April 2014 upon the application made by Australian... Read More