Thailand's Committee of Dumping and Subsidy has officially extended the antidumping (AD) duties on certain high carbon alloy steel wire rod imports from China for an additional five-year period. The products will remain subject to AD duties ranging from 12.26% to 36.79%, though imports for export-oriented manufacturing and bonded warehouses remain exempt. The 5-year extension of these steep duties will continue to restrict the volume of Chinese wire rod entering the Thai market, tightening regional supply for non-exempt sectors while protecting Thailand's domestic industry from price undercutting and stabilizing the local market balance.

The US Department of Commerce has released the final results of its administrative review on carbon and alloy steel wire rod from Mexico for the period between October 1, 2023, and September 30, 2024. A weighted-average dumping margin of 14.67% was determined for the Deacero entity, slightly down from the preliminary 15.97%, while the all-others rate stands at 20.11%. These finalized duties will maintain elevated costs for Mexican wire rod in the US market, effectively restricting import volumes and tightening US supply, which protects domestic producers and supports a localized upward trend in wire rod pricing.

Vietnam's Ministry of Industry and Trade (MOIT) has launched a sunset review of the antidumping (AD) duty on H-beam imports from China, currently set at 13.38%. Initiated following a request from local producer Posco Yamato Vina Steel Joint Stock Company, the review will assess whether revoking the existing measures—covering products under Customs Tariff numbers 7216.33.11, 7216.33.19, 7216.33.90, 7228.70.10, and 7228.70.90—would lead to a recurrence of dumping. This regulatory step is critical for domestic manufacturers like Posco Yamato to protect market share against potential low-cost influxes from China.

Brazilian distributors sold 341,300 tonnes of steel in May, while purchases rose to 340,600 tonnes. Inventories stayed at 1.157 million tonnes, equal to 3.4 months of consumption. April imports fell to 120,900 tonnes, and May imports dropped 71.1% YoY. With fewer low-priced Chinese imports, price support is improving, especially for Galvalume, and INDA expects Brazil’s steel market to recover moderately in H2."

South Korea's Ministry of Strategy and Finance has imposed provisional antidumping (AD) duties ranging from 22.34% to 33.67% on imports of certain Chinese coated steel products with a thickness below 4.75 mm, effective from June 12, 2026, until October 11, 2026. The duties target galvanized, zinc-aluminum, or zinc-aluminum-manganese alloy-coated cold-rolled sheets and coils. Under the company-specific rates, Baogang Steel Union received the lowest duty of 22.34%, Shougang Jingtang was assigned 26.28%, Hong Kong-based Wing Tung Holdings received the highest at 33.67%, and other Chinese producers are subject to 25.75%. This trade defense measure highlights South Korea's aggressive steps to protect its domestic flat steel producers from material injury caused by dumped imports, a move that is likely to sharply reduce the market share of Chinese coated steel in the region and provide a pricing floor for local mills, before potentially being extended into definitive five-year duties.

Italy's steel market faces persistent downstream weakness, but the EU's new safeguard measures taking effect July 1, featuring significantly tighter import quotas and doubled out-of-quota duties, compounded by CBAM and antidumping constraints, are expected to sharply curtail non-EU procurement options, strengthen EU mills' bargaining power, and drive a price rebound during summer as inventories draw down. In the stainless steel segment, service center volumes collapsed 15–20% MoM in May as artificial price supports faded, with Assofermet seeing no near-term recovery signals.