IREPAS in Berlin: Specter of rising Chinese exports haunts the markets
The 71st meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Berlin, Germany on September 28-30. There were 82 producer representatives among the 288 registered delegates from 40 different countries. There were 48 registrations representing 33 different raw material suppliers. Raw material suppliers: Increasing Chinese exports will alter market... Read More
72nd IREPAS meeting will be held in Paris
Our 72nd meeting will be held on March 22nd to 24th, 2015 in Paris, France in conjunction with the SteelOrbis Spring’15 Conference. All details will be announced soon. Read More
Chairman Marti: Fear of oversupply from China justified
Speaking at the opening of the SteelOrbis 2014 Fall Conference & 71st IREPAS meeting in Berlin on September 29, IREPAS chairman Kim Marti stated that the global economy is showing positive signals with 3.3 percent growth expected this year and 4 percent in 2015, adding that the US economy is also accelerating, helping the whole world to grow, especially its neighbors Canada... Read More
The program of the 71st IREPAS meeting
Herebelow is the program of the SteelOrbis Fall’14 Conference & the 71st IREPAS meeting which is to be held in Berlin. September 28th, Sunday 14:00 – 19:00 Registration desk opens at the lobby 19:00 – 23:00 Welcome Cocktail at Hilton Berlin Hotel September 29th, Monday 08:30 – 09:00 Registration desk opens at the conference area 09:00 – 10:00 Welcome... Read More
US DOC released final determination on rebar imports from Mexico and Turkey
The US Department of Commerce (DOC) released its final determinations in the antidumping investigations of rebar from Mexico and Turkey and the countervailing duty investigation of rebar from Turkey on September 9th, Tuesday. The DOC has calculated the following final dumping duty margins on imports from Mexico: Deacero : 20.58% (preliminary determinaton... Read More
Short Range Outlook : September 2014
Challenging times in global longs market despite some demand improvements There has been a reasonable resumption of demand for long steel products in the North American and northern EU markets following the holiday period. Overall, the supply-demand imbalance seems to have eased, particularly for semi-finished materials, as a result of some cuts in production. Geopolitical conflict... Read More
US DOC announced preliminary duties on Chinese wire rod imports
The US DOC announced the preliminary duties on imports of carbon and alloy steel wire rods from China. Accordingly; Rizhao Steel Wire Co, Hunan Valin Xiangtan Iron & Steel, and Jiangsu Shagang International Trade Co (a subsidiary of Jiangsu Shagang Group) were all assigned a preliminary duty of 106.19%. All other producers were assigned a duty of 110.25% The US DOC previously... Read More
Malaysia initiated antidumping investigation against rebar imports
Malaysian authorities have initiated an antidumping investigation regarding reinforcing steel bar imports from China and South Korea on September 2, 2014, following a petition filed by domestic steel producer Ann Joo Steel Berhad, according to the country’s official gazette. The petition covers reinforcing steel bars equal to six meters or less for non construction usage. Read More
EU to review AD on imports of wire rod from China
The European Commission launched an expiry review on the antidumping duty on wire rod imports from China, which was originally imposed back in 2009 following the application by EUROFER (The European Steel Association). EUROFER insists that the expiry of the antidumping duty would result in recurerence of the dumping and the injury on the EU steel industry. The CN codes subject to... Read More
Short Range Outlook : July 2014
Decent performance in global long steel market but rising concerns due to several issues Global demand has remained at reasonable levels during the course of the last 30 days. The market has been performing well in the Americas and showing better numbers in Europe. Elsewhere, market dynamics have continued to be strong in MENA countries, Africa and Asia. However, excess supply in... Read More