US issues final anti dumping duty review results on rebar from Mexico
The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping (AD) duty order on rebar from Mexico for the period between November 1, 2020, and October 31, 2021. Accordingly, the US DOC has determined that Mexican producers’ sales of the subject goods were made below normal value during the period of review. The DOC has determined the following weighted-average dumping margins: 2.30 percent... Read More
Short Range Outlook : June 2023
Global longs market impacted by variety of negative factors, especially low consumption The supply and demand balance in the global long steel products market is not getting any better and the main export destinations are requiring lower offers almost every week. The overriding issue for the market is volume and the lack of volume which is in effect coming from the lack of consumption. Consumption has unfortunately not recovered yet from the pandemic.... Read More
US issues final CVD review results on rebar imports from Turkey
The US Department of Commerce (DOC) has announced the final results of its administrative review of the countervailing duty (CVD) order on certain rebar from Turkey for the period between January 1, 2020, and December 31, 2020. The final subsidy rates are at 0.07 percent for Colakoğlu Dis Ticaret A.S., de minimis, and 2.15 percent for Kaptan Demir Celik and ICDAS Celik Enerji Tersane ve Ulasim Sanayi A.S. In addition, the DOC rescinded the review... Read More
The program of the 88th meeting in Barcelona
Day 1: Sunday, May 7,2023 19:00 – 22:00 Welcome cocktail at InterContinental Barcelona Day 2: Monday, May 8, 2023 09:00 – 09:10 Welcome address by Chairman of IREPAS 09:10 – 10:50 SESSION ONE: Long Products and macro economy - Long products market outlook Overview of global construction sector Steel and long... Read More
Short Range Outlook : April 2023
International business shrinks in global long products market, outlook unsatisfactory Global business and its international scope have been facing some challenging times recently, with declining imports and exports and a lack of supply-demand balance in the global long products market. The reduced total production in 2022 is carrying over into 2023 and is able to satisfy actual consumption. This has resulted in an aversion to imported steel due to... Read More
Short Range Outlook : March 2023
Better demand in global longs market It seems that demand in the global long steel products market is somewhat better after the holiday season. There have been signs of a pickup in demand everywhere in the past month, apart from the EU. The supply in the market has been adjusted accordingly, which has had a positive influence on prices. Consequently, the whole market dynamic has changed. The price spread between Chinese origin reinforcing bars and... Read More
UK extends AD duty on HFP rebar from China
The UK’s Trade Remedies Authority (TRA) has announced that the UK government has accepted its recommendation regarding the extension of anti dumping measures on imports of high fatigue performance (HFP) reinforcing bar from China. The anti dumping duties ranging at 18.4-22.5 percent for China will be maintained until July 30, 2026. The products in question currently fall under Customs Tariff Statistics Position Numbers 72 14 20 00 10, 72 28 30 20... Read More
Australia to continue AD duties on rebar from four countries
The Australian Anti-Dumping Commission has announced that it has completed an inquiry, which commenced on March 28, 2022, into whether the continuation of the anti dumping measures on reinforcing bar imports from Greece, Spain, Indonesia, Taiwan and Thailand is justified. Accordingly, the commission decided that the anti dumping duties on reinforcing bar from the given countries except Thailand, which will expire on March 7 this year, will continue. The... Read More
US announces final results of Turkish rebar antidumping administrative review
The US Department of Commerce (DOC) has announced the final results of the administrative review on six companies regarding the antidumping (AD) duty on reinforcing bar imports from Turkey. The DOC found that one of the six, HABAS, made no shipments during the review period, July 2020-June 2021. As a result of the review, the DOC has determined weighted-average dumping margins of 1.13 percent and 5.51 percent for two individual respondents, Colakoglu... Read More
Short Range Outlook : February 2023
Unpredictability persists in global longs market, recession fears may have been exaggerated The global long steel products market is still characterized by unpredictability. China’s impact on the global markets is still an open question and this contributes to the unpredictability for the second quarter. It seems that customers heard too much talk of recession last year and were convinced that all construction would stop in 2023. Actually, it looks... Read More