Short Range Outlook : July 2018

Global long steel products market impacted more and more by protectionism, though demand performs well The global long steel products market is feeling the effects of protectionism more and more every day. Canada has started another investigation on imports, the third within a period of only 12 months. The EU is expected to announce quotas based on the average import volumes of the preceding three years, as a result of its safeguard investigation.... Read More

Short Range Outlook : June 2018

Global long steel market to see some stability in short term after Section 232 decision The global long steel products market is expected to see some stability in the short term after the US imposed tariffs on steel imports from June 1 on the European Union, Canada and México, which were all exempted from the tariffs during May. The Section 232 measures are now the same for the EU, Turkey, Canada and México, but the uncertainty in the market has... Read More

Ukraine approves temporary rise in scrap export duty

Ukraine’s parliament has approved the bill to increase the export duty on scrap from €30/mt to €42/mt for a period of one year. The proposed bill had been aiming to impose the increase in export duty on scrap until September 2021. The draft law was submitted to the parliament in April.  Read More

IREPAS in Warsaw: Confusion and uncertainty in the global market

The 78th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Warsaw, Poland on May 6-8, 2018. There were 117 producer representatives among the 320 registered delegates from 48 different countries. There were also 62 registrations representing 40 different raw material suppliers. At the opening of the conference, Murat Cebecioglu, chairman of IREPAS emphasized that there is obvious confusion and uncertainty in the... Read More

Short Range Outlook : April 2018

Confusion and uncertainty reign in global long products market There is obvious confusion and uncertainty in the global long steel products market triggered by the announcement of new tariffs on steel imports by President Trump as a result of the Section 232 investigation in the US, the subsequent exemptions from these tariffs, and the resulting safeguard investigation announced in the EU. Major exporters to the US – Canada, Mexico, Brazil,... Read More

The program of the 78th IREPAS meeting in Warsaw

Day 1: Sunday, May 6, 2018 19:00 – 22:00                        Welcome cocktail at Hilton Warsaw Hotel and Convention Centre Day 2: Monday, May 7, 2018 09:00 – 09:15                        Welcome address by Chairman of IREPAS 09:15 – 10:15                         SESSION ONE – Global economic outlook - Global Economic and Market Developments Marek Rozkrut... Read More

Short Range Outlook : February 2018

Global supply-demand balance for long products still looks good but caution needed on supply side While the supply and demand balance in the global long steel products market still looks good, the supply side is gearing up. Supply pressure is not expected to create big problems in the short run but may be an issue in the medium term if demand is not able to cope with it. Even Chinese companies have learned that dollars are more important than tonnages.... Read More

Short Range Outlook : January 2018

Very positive prospects for global long steel market in 2018 The supply and demand balance in the global long steel products market has improved and may now be described as excellent. Demand remains strong almost everywhere and sentiment is also very good. It seems that 2018 will be a replica of 2017 as the prospects are very positive. China has been the main story in 2017 China has been the main story in 2017. It is not exactly out of the market:... Read More

Short Range Outlook : December 2017

Demand now even better in global longs market as China continues to stay away Supply and demand in the global long steel products market are still balanced following the price increases caused by the rising cost of production amid the tight electrode supply and higher costs of other raw materials. The good news is that there is even better demand compared to previous months as exports from China are still far from putting too much pressure on the... Read More

Short Range Outlook – November 2017

Supply and demand still balanced in global longs market amid lack of Chinese pressure Supply and demand in the global long steel products market remain balanced as exports from China are still not exerting too much pressure on the international market. Strong demand seen all around the world  The World Steel Association (worldsteel) has updated its forecast for global steel demand for 2017, forecasting around seven percent growth compared to 2016.... Read More

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