US to continue anti dumping orders on wire rod imports from 10 countries
The US Department of Commerce (DOC) has announced the final results of the sunset reviews of the antidumping duty orders on carbon and certain alloy steel wire rod from Belarus, Italy, South Korea, Russia, South Africa, Spain, Turkey, Ukraine, the United Arab Emirates (UAE), and the UK. The DOC found that revocation of the antidumping duty orders on the given product from the given countries would be likely to lead to continuation or recurrence of... Read More
Short Range Outlook : March 2023
Better demand in global longs market It seems that demand in the global long steel products market is somewhat better after the holiday season. There have been signs of a pickup in demand everywhere in the past month, apart from the EU. The supply in the market has been adjusted accordingly, which has had a positive influence on prices. Consequently, the whole market dynamic has changed. The price spread between Chinese origin reinforcing bars and... Read More
Information on 88th IREPAS meeting in Barcelona, Spain
We are delighted to confirm that our first meeting in 2023, the 88th IREPAS meeting will be held at the InterContinental Barcelona on May 7-9 in conjunction with the SteelOrbis Spring’23 Conference. You may find all details including the agenda and registration information at the following link. Read More
The 88th IREPAS meeting will be held in Barcelona, Spain
The 88th IREPAS meeting will be held on May 7th to 9th, 2023 in Barcelona, Spain in conjunction with the SteelOrbis Spring’23 Conference. Details will be announced later. Read More
India scraps export taxes on steel and some raw materials, adds import tariffs on coal and coke
In a slew of tariff changes, the Indian government has scrapped export duties on pig iron, specified iron and steel products and pellets, according to a government notification late on Friday, November 18. As a result, 15 percent export duties from India on major longs and flat steel products, as well as pig iron, have been lowered to zero, while the export duty of 45 percent on pellets has also been scrapped. The export duty on iron ore lumps and... Read More
UK extends antidumping duty on wire rod imports from China
The UK government has announced that it has accepted the UK Trade Remedies Authority’s (TRA) recommendation regarding antidumping measures on imports of wire rod from China. The TRA recommended that the antidumping measures on wire rod from China be maintained at 7.9-24 percent until January 30, 2026, finding that dumping would be likely to occur again if the measures were removed. The products in question currently fall under Customs Tariff Statistics... Read More
Short Range Outlook : November 2022
Demand at crisis levels in global longs market, unlikely to improve in coming months Demand in the global long steel products market is either very low or there is no demand at all, depending on the region. Overall demand is less than real supply and possible supply increases. The demand for ferrous materials has also slowed down considerably as industrial outlooks have lost visibility. Energy cost uncertainty and the destruction of demand have led... Read More
IREPAS in Monaco: The current crisis is a once-in-a-generation event
The 87th meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Monaco, on October 9-11, 2022, in conjunction with the SteelOrbis Fall ’22 Conference. There were 108 producer representatives from 40 different companies among the 407 registered delegates from a total of 48 different countries. There were also 69 registrations representing 43 different raw material suppliers. At the opening of the conference, Murat... Read More
The program of the 87th meeting in Monaco
Day 1: Sunday, October 9,2022 19:00 – 22:00 Welcome cocktail at Fairmont Monte Carlo Day 2: Monday, October 10, 2022 09:00 – 09:10 Welcome address by Chairman of IREPAS 09:10 – 10:40 SESSION ONE: Critical changes in global long steel markets – Long products, pig iron and EU - Long products market outlook Overview... Read More
Short Range Outlook : September 2022
Dramatic situation in global long products market, huge uncertainty lies ahead The situation in the global long steel products market is deteriorating as we have entered a rising-cost business cycle. Inventories are lasting a lot longer than expected due to the lack of demand in the market. The situation is dramatic, to say the least, and huge uncertainty lies ahead in the coming month. Europe and rest of the world seem to be two different planets Europe... Read More