US DOC initiates AD/CVD investigation into wire rod imports
The US Department of Commerce (DOC) announced on April 18th, the initiation of antidumping duty investigations of imports of carbon and alloy steel wire rod from Belarus, Italy, Korea, Russia, South Africa, Spain, Turkey, Ukraine, the United Arab Emirates, and the United Kingdom, and companion countervailing duty CVD investigations of imports of carbon and alloy steel wire rod from Italy and Turkey. Alleged dumping margins are as follows: Belarus :... Read More
US wire rod producers file AD/CVD petition against 10 countries
Below mentioned four major US steel producers, Gerdau Ameristeel US Inc., Nucor Corporation Keystone Consolidated Industries, Inc., Charter Steel today filed petitions charging that unfairly-traded imports of carbon and alloy steel wire rod from Belarus, Italy, South Korea, Russia, South Africa, Spain, Turkey, Ukraine, United Arab Emirates, United Kingdom are causing material injury to the domestic industry. The petitions allege that producers... Read More
Egypt starts antidumping investigation on wire rod imports from China, Turkey and Ukraine
According to market players, Egypt has launched an antidumping duty investigation against wire rod imports from China, Turkey and Ukraine, upon a request from domestic steel producers. Egypt also recently initiated an antidumping duty investigation against reinforcing bar imports from the countries in question. Read More
Egypt launches antidumping investigation against rebar imports from Turkey, Ukraine and China
According to media reports Egypt has initiated an antidumping duty investigation against reinforcing bar imports from Turkey, Ukraine and China. The Egyptian authorities have requested the importers to submit their import data for the last three years within 30 days. Read More
Mexico extends CVD on Ukrainian wire rod imports for five more years
Mexico’s economy secretariat, SE, has extended existing definite countervailing duties (CVD) already applied to the imports of non-alloyed wire rod from Ukraine, it said on Friday. According to SE, it found sufficient elements to determine that eliminating existing CVD over the imports of the product from Ukraine would result in the “repetition” of what it labeled as “unfair practices.” SE said the CVD was extended for five more years counting... Read More
Ukraine raises export duty on scrap to €30/mt for one year
The Ukrainian parliament (Verkhovna Rada) has increased export duties on scrap from €10/mt to €30/mt for one year effective from July 12, and has also cancelled the export quotas for scrap, according to media sources. Earlier this year, Ukrainian president Petro Poroshenko vetoed the previous draft law to increase Ukraine’s export duty on scrap for three years, stating that that the duty is not in compliance with the provisions of the association... Read More
EEC imposes antidumping duty on rebar imports from Ukraine
The Eurasian Economic Commission (EEC), the executive body of the Eurasian Economic Union (EEU) which includes Belarus, Kazakhstan, Russia and Armenia, has announced that it has decided to impose antidumping duty on rebar imports from Ukraine. The investigation was launched in November 2013. The duty rates are announced as follows: Enakievskiy Steel Mill : 10.11 percent ArcelorMittal Kryvyi Rih : 9.32... Read More
Ukraine hikes scrap export tax for three years
The Ukrainian parliament has announced that it has approved a law to increase the export tax on scrap, including stainless scrap, from €10/mt to €35/mt for three years. Meanwhile, as of March 23, 250 exporters applied to Ukraine’s Ministry of Economic Development and Trade for scrap export licenses for a total of 3.8 million mt, while only 152 exporters were permitted to export a total of 303,625 mt of scrap for two months. Three exporters received... Read More
IREPAS in Rome: Participants agree prices are close to the bottom
The 73rd meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Rome, Italy on October 4-6, 2015. There were 84 producer representatives among the 284 registered delegates from 35 different countries. There were also 30 registrations representing 22 different raw material suppliers. IREPAS chairman Kim Marti stated during his opening address that the main challenges the long products industry is facing are overcapacity... Read More
Mexico reviews duties on Ukrainian imports of wire rod
In the same week it announced antidumping duties on imports of Chinese graphite electrodes for electric arc furnaces and commenced investigations on wire rod imports from China, Mexico’s economy secretariat, SE, said it will review existing countervailing duties applied on imports of wire rod from Ukraine. SE said the 41 percent countervailing duties that were applied for the imports of wire rod from Ukraine will continue being applied while it... Read More