US ITC votes to maintain antidumping duty order on rebar imports from seven countries
The US International Trade Commission (ITC) has determined that revoking the existing antidumping duty order on rebar from Belarus, China, Indonesia, Latvia, Moldova, Poland and Ukraine would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. As a result of the ITC’s affirmative determination, the existing order on imports of this product from these countries will remain in place. The weighted-average... Read More
Short Range Outlook : December 2024
Global longs market enters holiday season, but deep uncertainties lie ahead next year The global long steel products market has mostly entered the holiday period. In many markets, business will start moving only after January 13. Many uncertain factors lie ahead for the post-holiday period, including the situation regarding Chinese exports, the actions likely to be taken by the new US administration and the difficulties faced by the steel industry... Read More
US orders preliminary antidumping duty on imported rebar from two Mexican companies
The United States Department of Commerce published the preliminary results of its administrative review of the antidumping duty (AD) order on reinforcing bar exports from Mexico. For Tyasa or TA 2000 the antidumping duty was 22.27 percent and for some companies of Grupo DeAcero it was 8.88 percent. “The US Department of Commerce preliminarily finds that DeAcero and Ingeteknos Estructurales (Ingetek) (collectively, Deacero Group); and TA 2000 (or... Read More
US DOC rescinds review of CVD order on rebar imports from Turkey
The US Department of Commerce (DOC) has announced it has rescinded the administrative review of the countervailing duty order on reinforcing bar imports from Turkey for the period from January 1, 2023, through December 31, 2023. The review was initiated on August 14, 2024, with respect to Habas. The DOC concluded there were no entries of the subject merchandise during the period of review. Read More
US issues preliminary antidumping review results on wire rod imports from Mexico
The US DOC has announced the preliminary results of its administrative review of the antidumping duty order on carbon and certain alloy steel wire rod imports from Mexico. During the review period from October 1, 2022, to September 30, 2023, some Mexican producers were found to have made sales of the subject products at less than normal value. The DOC has determined weighted average dumping margins of 18.09 percent for TA 2000 S.A. de C.V. and 13.46... Read More
Short Range Outlook : November 2024
Gloomy demand picture prevails in global longs market, but possible bright spots on horizon The supply and demand balance in the global long steel products market is being impacted strongly by low demand and it is reasonable to expect that, if the US introduces new market protection measures, other countries will follow. There is simply not enough demand in the world for all the steel produced. Despite the overall gloomy scenario of mostly insufficient... Read More
US issues final results of antidumping review on wire rod from South Korea
The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping duty order on carbon and alloy steel wire rod imports from South Korea for the period between May 1, 2022, and April 20, 2023. During the given period, some South Korean producers were found to have made sales of the given products at less than normal value. The DOC has calculated a weighted-average dumping margin of 0.85 percent for... Read More
US issues preliminary anti dumping decision on rebar from Turkey
The US Department of Commerce (DOC) has announced the preliminary results of its administrative reviews of the antidumping duty orders on reinforcing steel bar from Turkey. During the review period from July 1, 2022, to June 30, 2023, some Turkey producers were found to have made sales of the given products at less than normal value. The DOC has determined a weighted-average dumping margin of 1.05 percent for Colakoglu Metalurji A.S./Colakoğlu Dis... Read More
Short Range Outlook : July 2024
Lack of Chinese government action could cause great damage to global longs industry The supply and demand balance in the global long steel products market is becoming more unstable, with China now actively moving steel billets at the lowest prices. Finished products from China continue to dominate most markets, both in the long and flat segments. Even though there is a lot of material being offered in the market, it seems that the current raw material... Read More
US issues preliminary antidumping review results on wire rod from S. Korea’s POSCO
The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the antidumping duty order on carbon and certain alloy steel wire rod from South Korea-based POSCO. During the review period from May 1, 2022, to April 30, 2023, South Korean producer POSCO was found to have made sales of the subject products at less than normal value. The DOC has determined a weighted-average dumping margin of 1.03 percent for... Read More