News
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 [...]
Turkey cancels import duty on rebar
Turkey has officially cancelled the customs duty on imports of reinforcing bars effective from January 1st, 2018. The Turkish authorities had reduced the customs duty on imports of reinforcing bar to 10 percent on July 28th last year, on the back of complaints by the domestic construction industry. The customs duty on rebar imports to Turkey used to be 30 [...]