Short Range Outlook : March 2024
No improvement in supply-demand balance in global longs market, Asian exports may surge The supply and demand balance in the global long steel products market has not improved compared to previous months. Unfortunately, the positive expectations after the Chinese New Year holidays have not materialized. It seems Chinese exporters will continue to be aggressive, which of course will also drive other Asian exporters (Japan, Vietnam, Taiwan and South... 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
Canada to maintain antidumping duties on rebar imports from six countries
The Canadian International Trade Tribunal (CITT) has announced that it will continue to impose antidumping (AD) duty on reinforcing bar imports from six countries, namely, Belarus, Taiwan, Hong Kong, Japan, Portugal, and Spain, following the conclusion of the expiry review. The applicable duties range between 2.4 percent and 108.5 percent. The antidumping duties were imposed in May 2017. The products in question currently fall under Customs Tariff... Read More
IREPAS in Monaco: The current crisis is a once-in-a-generation event
The 87th meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Monaco, on October 9-11, 2022, in conjunction with the SteelOrbis Fall ’22 Conference. There were 108 producer representatives from 40 different companies among the 407 registered delegates from a total of 48 different countries. There were also 69 registrations representing 43 different raw material suppliers. At the opening of the conference, Murat... Read More
US DOC to continue antidumping orders on rebar from three countries
The US Department of Commerce (DOC) has announced the final results of the sunset reviews of the antidumping duty (AD) orders on reinforcing bar imports from Turkey, Taiwan and Japan. The DOC found that revocation of the antidumping duty orders on the given product from these three countries would be likely to lead to continuation or recurrence of dumping. The DOC has determined weighted-average dumping margins of up to 4.17 percent for Turkey, up... Read More
Short Range Outlook : April 2021
Producers dominate in global longs market, outlook appears very positive Lead times are longer than ever in the global long steel products market and there is still strong demand, encouraging mills to continue increasing their prices. The situation has certainly become better from the producers’ point of view. They are all making money and their lead times are elongated. Shortages of material keeps prices and margins high It was somewhat surprising... Read More
US DOC issues final results of antidumping review on certain reinforcing bars from Taiwan
The US Department of Commerce (DOC) has announced its final results of the administrative review of antidumping (AD) on imports of steel concrete reinforcing bar from Taiwan. As a result of the review on antidumping duties, the DOC has determined that Taiwan-based Power Steel Co. Ltd made sales of steel concrete reinforcing bar in the US at less than normal value during the period of review, March 7, 2017, through September 30, 2018. The DOC calculated... Read More
Australia initiates antidumping review on rebar imports from S. Korea and Taiwan
Australia’s Antidumping Commission has announced that it has initiated a review of the antidumping measures applying to certain reinforcing bars exported to Australia from South Korea and Taiwan (with the exception of Power Steel Co. Ltd). This review is limited to examining whether the variable factors, relevant to the taking of the antidumping measures, should be varied. The review launched upon the applications lodged by Australia-based DITH... Read More
Canada concludes reinvestigation of rebar imports from certain countries
The Canada Border Services Agency (CBSA) has announced that it has concluded a reinvestigation to update the normal values and export prices respecting rebar originating in or exported from China, South Korea, Turkey, Belarus, Taiwan, the Hong Kong Special Administrative Region of China, Japan, Portugal and Spain, and the amounts of subsidy of certain rebar originating in or exported from China. Accordingly, the CBSA stated that specific normal values... Read More
Australia terminates the dumping investigation on two Indonesian exporters
Australia’s Antidumping Commission has announced that within the scope of its antidumping duty investigation regarding reinforcing bar imports from Greece, Indonesia, Spain (by Nervacero S.A), Taiwan (by Power Steel Co. Ltd) and Thailand, it has decided to terminate the investigation in relation to Indonesian exporters PT Ispat Panca Putera and PT Putra Baja Deli since the dumping margin for the two companies is less than two percent. The investigation... Read More