Short Range Outlook : June 2017

Exporting countries under pressure amid protectionism and increased capacities in traditional import markets The supply-demand balance in the global long steel products market has been worsening over the last few weeks. Protective actions such as antidumping and countervailing duty (CVD) cases and import taxes, coupled with increasing capacities in some traditional import markets, have put export-dependent countries in a difficult situation. Protective... Read More

US ITC votes to continue investigation into wire rod imports from 10 countries

The US International Trade Commission (USITC) today determined that there is a reasonable indication that a US industry is materially injured or threatened with material injury by reason of imports of carbon and certain alloy steel wire rod from Belarus, Italy, Korea, Russia, South Africa, Spain, Turkey, Ukraine, the United Arab Emirates, and the United Kingdom that are allegedly sold in the United States at less than fair value and subsidized by... Read More

US DOC initiates AD/CVD investigation into wire rod imports

The US Department of Commerce (DOC) announced on April 18th, the initiation of antidumping duty investigations of imports of carbon and alloy steel wire rod from Belarus, Italy, Korea, Russia, South Africa, Spain, Turkey, Ukraine, the United Arab Emirates, and the United Kingdom, and companion countervailing duty CVD investigations of imports of carbon and alloy steel wire rod from Italy and Turkey. Alleged dumping margins are as follows: Belarus :... Read More

US wire rod producers file AD/CVD petition against 10 countries

Below mentioned four major US steel producers, Gerdau Ameristeel US Inc., Nucor Corporation Keystone Consolidated Industries, Inc., Charter Steel today filed petitions charging that unfairly-traded imports of carbon and alloy steel wire rod from Belarus, Italy, South Korea, Russia, South Africa, Spain, Turkey, Ukraine, United Arab Emirates, United Kingdom are causing material injury to the domestic industry. The petitions allege that producers... Read More

Algeria may unveil quotas on reinfocing bar imports soon

Mr. Abdelmadjid Tebboune, Algerian interim trade minister and also minister for housing and urban planning has said that Algeria may unveil quotas on reinforcing bar imports soon. Mr.Tebboune added that he will discuss quotas for reinforcing bar imports and for other product imports at an inter-ministerial meeting, as reported by Algerian and French media. Algeria, the largest importer of Italian origin reinforcing bars, imposed an import licence... Read More

Italy includes Ferriere Nord and Riva Acciaio in cartel probe

The Italian Competition Authority has included two Italian reinforcing bar producers, Ferriere Nord and Riva Acciaio, in its investigation launched in October 2015 on major Italian companies that produce and sell reinforcing bar and steel mesh. This inclusion came after a separate investigation regarding Nuovo Campsider Association, a branch of the Italian steel association Federacciai, found that market information regarding scrap was shared among... Read More

IREPAS in Rome: Participants agree prices are close to the bottom

The 73rd meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Rome, Italy on October 4-6, 2015. There were 84 producer representatives among the 284 registered delegates from 35 different countries. There were also 30 registrations representing 22 different raw material suppliers. IREPAS chairman Kim Marti stated during his opening address that the main challenges the long products industry is facing are overcapacity... Read More

The program of the 73rd IREPAS meeting

October 4th, Sunday 19:00 – 22:00                    Welcome Cocktail at Parco dei Principi Grand Hotel & Spa October 5th, Monday 09:00 – 09:15                 Welcome address by Chairman of IREPAS – Kim Marti 09:15 – 10:30                   SESSION ONE “The Many Futures of an Industry – Targets, Trends, Trouble, and Taboo” Special Guest Speaker: Professor... Read More

73rd IREPAS meeting will be held in Rome

The 73rd IREPAS meeting will be held on October 4th to 6th, 2015 at The Parco dei Principi Grand Hotel & SPA in Rome, Italy in conjunction with the SteelOrbis Fall’15 Conference. All required information can be found here.    Read More

IREPAS in Berlin: Specter of rising Chinese exports haunts the markets

The 71st meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Berlin, Germany on September 28-30. There were 82 producer representatives among the 288 registered delegates from 40 different countries. There were 48 registrations representing 33 different raw material suppliers. Raw material suppliers: Increasing Chinese exports will alter market balances Ioannis Meimaroglou, chairman of the IREPAS raw material suppliers... Read More

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