Malaysia issues final antidumping duty on rebar imports from Singapore and Turkey
Malaysia’s Ministry of International Trade and Industry has announced the final decision regarding the antidumping (AD) duty investigation against rebar imports from Turkey and Singapore. Accordingly, final antidumping duty rates for Singapore range between 4.97 percent for Nasteel Holdings and 17.65 percent for all others, while the duty rate for Turkish steelmaker Diler stands at 3.62 percent and the duty rate for all other Turkish producers stands... Read More
US DOC raises preliminary antidumping duty rates for Mexican rebar
The US Department of Commerce (DOC) announced new preliminary antidumping duties against reinforcing bar imports from Mexico after an administrative review. During the review period of Nov. 1, 2017 to Oct. 31, 2018, Mexican reinforcing bar producers Deacero and Grupo Simec were found to have made sales of reinforcing bar at less than normal value. As such, the DOC has issued higher preliminary dumping margins for both companies, along with all other... Read More
Ukraine introduces antidumping duty on steel bars from Belarus and Moldova
Ukraine introduces antidumping duty on steel bar imports from Belarus and Moldova. Accordingly, exporters from Belarus will be subject to an antidumping duty of 31.08 percent, while Belarusian Metallurgical Plant (BMZ) and its Lithuanian exporting arm BMZ-Baltic Trading House have zero duties. On the other hand, the antidumping duties stand at 13.80 percent for Moldavian Metallurgical Plant (MMZ) and at 35.37 percent for other exporters of steel bar... Read More
US DOC initiates circumvention inquiry into Mexican rebar
The US Department of Commerce announced the initiation of a circumvention inquiry into imports of steel concrete reinforcing steel bar from Mexico, to determine if imports of reinforcing bars that are bent at one or both ends circumvent the existing antidumping duty (AD) and countervailing duty (CVD) orders. In 2018, imports of reinforcing bars from Mexico were valued at an estimated $51 million. The inquiry was initiated in response to requests from... Read More
Malaysia imposes preliminary antidumping duty on rebar imports from Turkey and Singapore
Malaysia’s Ministry of International Trade and Industry has announced that it will implement preliminary antidumping duties on rebar from Turkish firms, except Colakoglu Metalurji A.S., and on Singaporean firms. The ministry has assigned preliminary dumping rates in the range of 5.99-17.65 percent to Singaporean firms and preliminary dumping rates in the range of 3.35-20.09 percent for Turkish firms. The petitioner is the Malaysia Steel Association. The... Read More
IREPAS in Duesseldorf : Changing trade flows and market challenges discussed against backdrop of protectionism, trade conflicts and depressed conditions
The 81st meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Duesseldorf, Germany on September 22-24, 2019 in conjunction with the SteelOrbis Fall’19 Conference. There were 138 producer representatives among the 426 registered delegates from a total of 46 different countries. There were also 78 registrations representing 38 different raw material suppliers. At the opening of the conference, Murat Cebecioglu,... Read More
The program of the 81st meeting in Duesseldorf
Day 1: Sunday, September 22, 2019 19:00 – 22:00 Welcome cocktail at Hilton Duesseldorf Day 2: Monday, September 23, 2019 09:00 – 09:15 Welcome address by Chairman of IREPAS 09:15 – 10:15 SESSION ONE – Global Markets: What are the future challenges and opportunities? - Global economic... Read More
Short Range Outlook : May 2019
Global long steel market mostly unstable despite supply-demand equilibrium A balance has been maintained between supply and demand in the global long steel products market, but it is still difficult to transact business globally. However, shorter-distance regional business is good. The global market can be described as mostly unstable, with only a few exceptions. Absence of Chinese still provides support for the rest of the world We have to take into... Read More
Australia removes preliminary antidumping duty on Turkish rebar imports
The Australian Government Antidumping Commission has announced that it has terminated the preliminary antidumping duty on imports of Turkish origin reinforcing bars. Australia imposed four percent preliminary antidumping duty on imports of Turkish rebar in January 2019 as a result of the investigation started in November 2018. The final recommendation of the commission is due by June 24 of the current year. The investigated rebar products are classified... Read More
Australia imposes preliminary antidumping duty on rebar imports from Turkey
The Australian Government Antidumping Commission has announced the preliminary results of the antidumping duty investigation it started in November 2018 on reinforcing bar imports from Turkey. The investigation covered the period between October 1, 2017 and September 30, 2018. The Antidumping Commission’s preliminary assesment has shown that exports of rebar from Turkey to Australia were at dumped prices, and the volume of the dumped goods was greater... Read More