Short Range Outlook : March 2017

Still improving supply-demand balance creates brighter picture in global longs market The supply-demand balance continues to improve in regions like the US, Europe and Asia, contributing to a brighter picture in the  global long steel products market. US market boosted by restocking and infrastructure spending expectations Demand has improved in the US as buyers have been restocking. In addition, President Trump’s promise to spend one trillion... Read More

Short Range Outlook : February 2017

Europe, US and Asia lead the way for demand in global long steel products market Expectations for demand and order books in the supply chain of the global long steel products market made a reasonable start to business in 2017, although a sharp correction in scrap prices caused people to hesitate a bit in the EU and the US. However, market sentiment has not changed much and demand is still showing good prospects for 2017 in Europe, the US and Asia. Turkish... Read More

The programme of the 76th IREPAS meeting

March 26th, Sunday 19:00 – 22:00      Welcome cocktail at Intercontinental Budapest March 27th, Monday 09:00 – 09:15      Welcome address by Chairman of IREPAS 09:15 – 10:15        SESSION ONE – Global economic outlook - Global economic developments and expectations Gergely Tardos, OTP Bank / Chief Economist Where is the European economy heading? Current situation and expactations for Chinese economy Prospects... Read More

Egypt starts antidumping investigation on wire rod imports from China, Turkey and Ukraine

According to market players, Egypt has launched an antidumping duty investigation against wire rod imports from China, Turkey and Ukraine, upon a request from domestic steel producers. Egypt also recently initiated an antidumping duty investigation against reinforcing bar imports from the countries in question.  Read More

Short Range Outlook : January 2017

Fears recede in global long steel market amid upbeat sentiment for 2017 There has been no significant change in the global long steel products market compared to last month in terms of supply and demand balance. Demand remains relatively weak, but we have seen better discipline on the supply side, which has had a positive impact on pricing dynamics. Demand is expected to pick up in the coming weeks. Economic numbers are strong and most fears regarding... Read More

Egypt launches antidumping investigation against rebar imports from Turkey, Ukraine and China

According to media reports Egypt has initiated an antidumping duty investigation against reinforcing bar imports from Turkey, Ukraine and China. The Egyptian authorities have requested the importers to submit their import data for the last three years within 30 days.  Read More

Short Range Outlook : December 2016

Clear switch to positive sentiment in global long steel products market Conditions in the global long steel products market have improved significantly and a clear change to positive sentiment has been observed in the industry, something not seen in recent years. Chinese demand and supply restructuring boost prices and margins Domestic demand in China, together with a restructuring of supply at all levels from raw materials to finished products, is... Read More

India imposes antidumping duty on metallurgical coke imports from China and Australia

India’s Ministry of Finance has announced its final determinations in its antidumping duty investigation of imports of low ash metallurgical coke from China and Australia. According to Ministry of Finance’s statement, in its final findings India’s Directorate General for Anti Dumping and Allied Duties (DGAD) has concluded that dumped imports of the subject goods from China and Australia increased significantly in the period of investigation... Read More

Pakistan launches antidumping investigation on rebar imports from China

Pakistan’s National Tariff Commission has announced that it has initiated an antidumping duty investigation on imports of deformed concrete reinforcing steel bars from China. The investigation was initiated upon a complaint by local producers Amreli Steels Limited, Agha Steel Industries Ltd. and Abbas Engineering Industries, alleging that the products under investigation are being exported to Pakistan at dumped prices from China and have caused... Read More

Short Range Outlook : November 2016

Global long steel products market enjoys its best environment since 2013 The global long steel products market is currently enjoying its best environment since 2013, while sentiment has improved significantly. Supply and demand in the market are now a lot more in equilibrium compared to previous months. Fewer offers from China and Russia seen in global market Demand had made a weak start to October, as sellers were continuing with their seasonal fourth... Read More

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