Annual Meeting Speakers: Growth Opportunities, Financing and M&A Trends in Steel Wire and Rod

This session will be a general discussion of the steel wire producer market strengths, weaknesses, trends, trade and general M&A activity.  We will hear speakers address financing trends in commercial banks, institutional term loan and bond markets, and leveraged loan markets, as well as investor concerns.  Andrew Pappas, Managing Director of BMO Harris Bank NA … Continue reading Annual Meeting Speakers: Growth Opportunities, Financing and M&A Trends in Steel Wire and Rod

Registration is Now Open for the 2019 Annual Meeting

The 2019 Annual Meeting will be held in sunny Clearwater Beach, Florida this February. We will be bringing together experts on the political environment; the latest information on trade and tariff issues affecting the industry; and providing a current perspective on the economy. In addition, we’ll be discussing strategies to address manufacturing workforce needs. On … Continue reading Registration is Now Open for the 2019 Annual Meeting

Comments on Section 232 Exclusion Process

In September, the Department of Commerce amended the rules for requesting steel and aluminum exclusions from the Section 232 tariffs.  The “Revisions to Requirements for Submissions of Exclusion Requests and Objections to Submitted Requests for Steel and Aluminum” included changes such as allowing rebuttals to objections by the entities that requested the exclusions, “surrebuttals” to … Continue reading Comments on Section 232 Exclusion Process

Commerce Preliminary Decision to Exclude Tire Cord Rod

By Fred Waite, AWPA Counsel The US Department of Commerce (Commerce) announced its preliminary results in the changed circumstances review regarding the requested exclusion of grade 1078 and higher tire cord quality wire rod from the antidumping (AD) orders on carbon and certain alloy steel wire rod from Korea and the United Kingdom. Based on … Continue reading Commerce Preliminary Decision to Exclude Tire Cord Rod

Section 232 – Lawsuit against DOC regarding Product Exclusion Process

On October 18, 2018, the Cause of Action Institute – a self-professed government watchdog group – filed a lawsuit against the US Department of Commerce (DOC), alleging the agency has ignored the Institute’s effort to learn more about the Trump Administration’s process for considering exclusion requests from the Section 232 tariffs on steel and aluminum … Continue reading Section 232 – Lawsuit against DOC regarding Product Exclusion Process

AD Order on Wire Rod from Mexico – Preliminary Determination in Circumvention Investigation

The US Department of Commerce (DOC) has announced its preliminary determination in the circumvention investigation of the antidumping (AD) order on carbon and certain alloy steel wire rod from Mexico. The DOC has preliminarily determined that imports of carbon and certain alloy steel wire rod with an actual diameter less than 4.75 mm produced and/or … Continue reading AD Order on Wire Rod from Mexico – Preliminary Determination in Circumvention Investigation

CANADA to Impose Worldwide Tariffs, including Stainless Wire and Wire Rod

by Bracewell LLC Despite assurance over the past several months that a successful renegotiation of NAFTA would lead to the end of Section 232 steel and aluminum tariffs on Canada and Mexico, termination of the tariffs was not part of the new US Mexico Canada Agreement (USMCA) and there is no indication that negotiations are … Continue reading CANADA to Impose Worldwide Tariffs, including Stainless Wire and Wire Rod

US, Canada, Mexico Trade Pact Will Have To Wait Until Next Congress

by Metals Service Center Institute The United States, Canada, and Mexico have reached an agreement to replace the North American Free Trade Agreement (NAFTA). Lawmakers in the US Congress have acknowledged the deal, called the United States, Mexico, Canada Agreement, or USMCA, will not be considered by lawmakers before this current congress adjourns in December. … Continue reading US, Canada, Mexico Trade Pact Will Have To Wait Until Next Congress