Pakistan launches antidumping investigation on rebar imports from China
Pakistan’s National Tariff Commission has announced that it has initiated an antidumping duty investigation on imports of deformed concrete reinforcing steel bars from China. The investigation was initiated upon a complaint by local producers Amreli Steels Limited, Agha Steel Industries Ltd. and Abbas Engineering Industries, alleging that the products under investigation are being exported to Pakistan at dumped prices from China and have caused... Read More
Chile sets definite antidumping duty of 9.8 percent on Mexican origin rebars
The Chilean government has set a definite anti-dumping duty over imports of Mexican origin reinforcing bars, according to a decision published late this week at the country’s official gazette, Diario Oficial. According to the local government, Mexican imports of rebar will pay an ad-valorem, definite tariff 9.8 percent for a period of one year, effective on September 17, 2016. Chile’s current decision replaces a previous resolution applied to... Read More
US ITC voted to continue investigation on rebar imports from Japan, Taiwan and Turkey
The United States International Trade Commission (US ITC) determined on November 3rd that there is a reasonable indication that the US industry is materially injured by reason of imports of steel concrete reinforcing bars from Japan, Taiwan, and Turkey that are allegedly sold in the United States at less than fair value and subsidized by the government of Turkey. All six Commissioners voted in the affirmative. As a result of the ITC’s affirmative... Read More
Short Range Outlook : November 2016
Global long steel products market enjoys its best environment since 2013 The global long steel products market is currently enjoying its best environment since 2013, while sentiment has improved significantly. Supply and demand in the market are now a lot more in equilibrium compared to previous months. Fewer offers from China and Russia seen in global market Demand had made a weak start to October, as sellers were continuing with their seasonal fourth... Read More
Canada will move forward with antidumping case against rebar from six countries
The Canadian International Trade Tribunal today determined that there is a reasonable indication that the alleged injurious dumping of certain concrete reinforcing bar originating or exported from the Belarus, Taiwan, Hong Kong, Japan, Portugal and Spain has caused injury or is threatening to cause injury to the domestic industry. The Tribunal’s preliminary injury inquiry was conducted pursuant to subsection 34(2) of the Special Import Measures... Read More
Chile reviewing duties on rebar imports from Mexico
Chile’s price distortion commission, CNDP, expects to review on Friday an existing provisional, ad valorem duty already applied to the imports of Mexican origin rebar. Depending on the outcome of CNDP’s meeting, Chile could extend the tariff for one more year or longer. Currently, Mexican rebar pays a provisional antidumping (AD) tariff of 11 percent, which was reduced from 13.1 percent, following a resolution published at the nation’s official... Read More
Australia starts antidumping review on rebar from Celsa (Spain)
Australia’s Antidumping Commission has announced that it has initiated a review of the antidumping measures applying to certain reinforcing bar imports from Spain. The review will be limited to examining whether the variable factors relevant to the taking of the antidumping measures as they affect the Spanish steel producer Celsa should be varied. Currently, the antidumping duty stands at three percent for Celsa and the duty was originally imposed... Read More
Italy includes Ferriere Nord and Riva Acciaio in cartel probe
The Italian Competition Authority has included two Italian reinforcing bar producers, Ferriere Nord and Riva Acciaio, in its investigation launched in October 2015 on major Italian companies that produce and sell reinforcing bar and steel mesh. This inclusion came after a separate investigation regarding Nuovo Campsider Association, a branch of the Italian steel association Federacciai, found that market information regarding scrap was shared among... Read More
IREPAS in Vienna: Global longs market focuses on challenges amid signs of stabilization
The 75th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Vienna, Austria on September 25-27, 2016. There were 94 producer representatives among the 285 registered delegates from 33 different countries. There were also 44 registrations representing 30 different raw material suppliers. On the last day of the conference, producers of long steel products and steel billets, as well as traders and raw material suppliers,... Read More
Malaysia imposes preliminary safeguard duty on rebar imports
The Malaysian government has announced the preliminary decision in its safeguard investigation regarding rebar imports into Malaysia. The government stated that there was an increase in imports of the products during the investigation period, which is from October 1, 2012 to September 30, 2015, and the increase in imports has caused serious injury to the domestic industry in respect of the decline in market share, domestic sales in terms of value,... Read More