EU starts antidumping investigation for rebar imports from Belarus
The European Commission (EC) has announced that it has started an antidumping investigation for certain concrete reinforcement bar and rod imports from Belarus upon a complaint received from the European Steel Association (EUROFER) alleging that the mentioned imports are being dumped and are thereby causing material injury to the EU industry. The investigation will cover the period between January 1, 2015 and December 31, 2015. The investigation will... Read More
US DOC recalculated antidumping margin on rebar imports from Turkey
The US Department of Commerce has recalculated the antidumping duty on reinforcing bar imports from Turkey, as per sources. The US DOC had calculated the antidumping duty rate for reinforcing bar imports from Turkey as zero percent in its final decision made on September 9, 2014. However, the US industry appealed the DOC’s final determination to the US Court of International Trade (CIT). Accordingly, the DOC has amended the dumping margin for reinforcing... Read More
Short Range Outlook : March 2016
Improved conditions finally observed in global long steel market Conditions in the global long steel market is better as demand is steady or has edged up. Good news on demand side The long steel products market had recently fallen to price levels that made no economic sense and doing business had become questionable. The steel world dropped off into a senseless across-the-board price erosion from October 2015 until mid-February 2016. However, there... 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
India announced minimum import prices
India’s Ministry of Commerce and Industry has announced a minimum import price for steel imports, valid for six months from the date of notification, February 5, or until further announcements. Imports covered by letters of credit already entered into before the date of notification will be exempt from the minimum import price implementation. The minimum steel import prices for steel billets, reinforcing bars and wire rods are as follows: Billets ... 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
CVD duty investigation for Chinese rebar imports initiated in Australia
Australia’s Antidumping Commission has announced that it has initiated a countervailing (CVD) duty investigation against Chinese rebar imports. The duty investigation launched by following an application lodged by domestic producer OneSteel Manufacturing Pty Ltd claims that the goods were in receipt of countervailable subsidies from China and that the subsidization has caused material injury to the Australian industry through loss of sale volume,... Read More