IREPAS in Istanbul: War in Ukraine has fundamentally changed sentiment and product flows
The 86th meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Istanbul, Turkey, on May 29-31, 2022, in conjunction with the SteelOrbis Spring ’22 Conference. There were 191 producer representatives from 60 different companies among the record high 766 registered delegates from a total of 59 different countries. There were also 105 registrations representing 51 different raw material suppliers. At the opening... Read More
Export policy in Iran amended as prices go down
With the downtrend in the global steel market having continued to gain momentum, Iran-based steel suppliers have had no other option than to lower their prices in order to be competitive in the export market. With prices having reached their low levels in the latest tenders, the time has come for Iranian authorities to revise the export duties in accordance with the provisions of announcement declared by the deputy minister at the Iranian Ministry... Read More
Short Range Outlook : May 2022
Global longs market faces challenges and uncertainties amid ongoing war in Ukraine Some oversupply is observed here and there in the global long steel products market. The market situation is getting worse. In particular, there is a vacuum in Western markets due to the war in Ukraine. Price hikes were very rapid and very steep, which could be a reason. Energy prices have negatively impacted manufacturing, especially in Europe. Inflation is another... Read More
The program of the 86th meeting in Istanbul
Day 1: Sunday, May 29,2022 19:00 – 22:00 Welcome cocktail at Four Seasons Hotel Bosphorus Istanbul Day 2: Monday, May 30, 2022 09:00 – 09:15 Welcome address by Chairman of IREPAS 09:15 – 10:00 SESSION ONE: Critical changes in global long steel markets - Long products market outlook Overview of global construction... Read More
Short Range Outlook : April 2022
War in Ukraine a major gamechanger for global longs market The war in Ukraine has changed sentiment in the global long steel products market as well as fundamentally altering the flow of raw materials and finished products almost overnight. There is more demand than secure supply in the market. Before the war, the expectations were that demand would determine the direction of prices, contrary to 2021 when supply was the driving factor. Today, however,... Read More
Information on 86th IREPAS meeting in Istanbul
We are delighted to confirm that our first meeting in 2022 will be held in our traditional in-person format after two years! The 86th IREPAS meeting conference will be held at the Four Seasons Hotel Bosphorus in Istanbul, on May 29-31 in conjunction with the SteelOrbis Spring’22 Conference. You may find all details including the agenda and registration information at the following link. Read More
Short Range Outlook : March 2022
Global longs market at unprecedented juncture after Russia’s invasion of Ukraine The global long steel products market has entered a new and completely unprecedented situation as a result of the war in Ukraine. The current situation means one of the largest suppliers of many raw and semi-processed materials will be completely excluded from the market for an unforeseeable period of time, with the consequences being almost impossible to predict at... Read More
86th IREPAS meeting will be held in Istanbul, Turkey
The 86th IREPAS meeting will be held on May 29th to 31st, 2022 in Istanbul, Turkey in conjunction with the SteelOrbis Spring’22 Conference. Details will be announced later. Read More
US issues final results of antidumping review on rebar imports from Turkey
The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping (AD) duty order on reinforcing bar imports from Turkey for the period between July 1, 2019 and June 30, 2020. Accordingly, the US DOC has determined that Turkey’s sales of the subject goods were made below normal value during the period of review. Additionally, the DOC found that Colakoglu Metalürji did not make sales of the subject... Read More
US DOC amends its antidumping orders for rebar from Turkey again
The US Department of Commerce (DOC) has announced that it has again amended the order and the final determination regarding its antidumping investigation on imports of reinforcing bars from Turkey, on the grounds that the final determination was not in harmony with the United States Court of International Trade (CIT). Accordingly, the DOC has determined the following new dumping margins: HABAS – 3.96 percent ICDAS – 4.17 percent All others... Read More