Our Mission

Our mission is; to develop understanding between producers, traders and consumers of long steel products around the world;

to add value to international trading activities of our members by providing an environment facilitating better relationships with the shipping and finance industries as well as inspection services;

to help our members reach useful information about the markets around the globe;

to facilitate an environment in which our members can meet new parties to create business opportunuties;

to create a better atmosphere for fair business.

News

Turkey reinstates ten percent duty on imports of rebar

It has officially been announced that the 10 percent import duty on imports of reinforcing bar to Turkey which was removed at the beginning of 2018 will be reintroduced as of January 1, 2019. The import duty on reinforcing bar in Turkey was first decreased to ten percent from 30 percent in July 2017, and then [...]

EU to impose new quota on imports

According to media sources, the European Commission has sent a notification to the World Trade Organization, stating that the EU will impose import quotas on certain steel products, including rebar and wire rod, for a period of 150 days starting from February 2, 2019.. However, there has been no official announcement yet. Accordingly the import [...]

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