EU unveils quota volumes for new safeguard system
The European Commission has announced the details of its new safeguard system and unveiled the product quota volumes. Accordingly, the new system maintains the principle of open trade and strengthens engagement with global partners to tackle overcapacity, by limiting tariff-free import volumes to 18.3 million mt a year (a reduction of 47 percent compared to the 2024 steel quotas), doubling the level of out-of-quota duty to 50 percent, compared to... Read More
EU to replace country-specific quotas with permanent safeguard regime
The European Commission has unveiled a legislative proposal to replace the existing EU steel safeguard system, introducing a new framework designed to protect the EU’s steel industry from the negative effects of global overcapacity, which is expected to increase from the current 602 million mt to 721 million mt by 2027, according to a draft circulated. The new permanent framework, which will replace the current measures which will expire on June... Read More
IREPAS in Munich : Protectionism and China
The 93rd meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Munich on September 28-30 in conjunction with the SteelOrbis Fall’25 Conference. There were 123 representatives from 49 different producers among the 406 registered delegates from a total of 56 different countries. There were also 79 registrations representing 41 different raw material suppliers. At the opening of the conference, Murat Cebecioglu,... Read More
The program of the 93rd IREPAS meeting in Munich
The program of the SteelOrbis Fall ’25 Conference and the 93rd IREPAS meeting to be held in Munich is as follows: Day 1: Sunday, September 28, 2025 19:00 – 22:00 Welcome cocktail at Sofitel Munich Bayerpost Day 2: Monday, September 29, 2025 09:15 – 09:30 Welcome address by Chairman of IREPAS 09:30 – 11:10 SESSION... Read More
Short Range Outlook : September 2025
Mills struggle to make ends meet in global longs market amid severe competition Demand is very weak and the situation remains difficult in the global long steel products market. Mills are cutting production, protectionist measures are continuing full speed ahead, while China and other countries in the region are exporting a lot, putting pressure on prices. There is very severe competition in the market and every producer is fighting with its last... Read More
EU confirms CBAM to begin in January 2026
The European Federation of Steel, Tubes and Metals Distribution & Trade (EUROMETAL) has confirmed that the Carbon Border Adjustment Mechanism (CBAM) will come into force on January 1, 2026, as originally legislated. This announcement follows EUROMETAL’s request for urgent clarification after rumors circulated in the market about a possible delay. In an official reply, the Directorate-General for Taxation and Customs Union (DG TAXUD) stated that... Read More
EU launches consultation on new steel safeguard measures to combat trade risks
The European Commission has announced the launch of a consultation process aimed at shaping the next generation of steel safeguard measures. Industry stakeholders have until August 15 to submit input. These consultations will feed directly into the formulation of replacement measures for the current safeguards, which expire on June 30, 2026. The upcoming protection framework is expected to counter several structural challenges according to the European... Read More
Short Range Outlook : June 2025
Competition becomes predatory in oversupplied global long steel market The global long steel products market is oversupplied and overcrowded. The situation has worsened and is now structural. The competition in the global market is predatory. Margins are dead. The only strategy is cashflow and turnover. Whoever can ship first, wins. Whoever negotiates for $5/mt more, loses the order. Every confirmed business is a major success. Moreover, without... Read More
IREPAS in Athens : Markets in unknown territory
The 92nd meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Athens on April 27-29 in conjunction with the SteelOrbis Spring’25 Conference. There were 143 representatives from 49 different producers among the 502 registered delegates from a total of 58 different countries. There were also 97 registrations representing 50 different raw material suppliers. At the opening of the conference, Murat Cebecioglu,... Read More
The program of the 92nd meeting in Athens
Day 1: Sunday, April 27, 2025 19:00 – 22:00 Welcome cocktail at Athenaeum InterContinental Athens Hotel Day 2: Monday, April 28, 2025 09:15 – 09:30 Welcome address by Chairman of IREPAS 09:30 – 10:50 SESSION ONE – Critical changes in the global long steel markets and macroeconomic overview -... Read More