![Australia investigates rebar dumping by five exporters](https://media.kallanish.com/filer_public/87/ad/87ada21d-a4fd-4ece-b626-b7a0c71715c8/iron-rods-474798_1920.jpg)
Australia investigates rebar dumping by five exporters
The Australian Antidumping Commission announced this week that it has launched an investigation into dumping of rebar from Greece, Indonesia, Spain, Taiwan and Thailand. A preliminary finding could come 60 days from the start of the investigation, and a final recommendation is due to be made by 29 November, Kallanish notes.
The investigation was requested by OneSteel, part of Arrium. In its submission it noted that Australia’s rebar imports from countries which are already charged tariffs declined sharply in 2016, but imports from the five countries under investigation increased far more quickly.
The public record includes estimated dumping margins from the commission based on constructed production costs using third party data. It estimates dumping margins of 7.6% from Thailand, 10.3% from Taiwan, 25.3% for Spain, 27.3% for Greece and 30.7% for Indonesia.
The investigation covers carbon and alloy steel rebar straight or in coils under tariff subheadings 7213.10.00, 7214.20.00, 7227.90.10, 7227.90.90, 7228.30.10, 7228.30.90 and 7228.60.10.
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Anonymous
Very good overview of the weekly steel market.
Anonymous