Interview with Rebar&Wire Rod Suppliers Committee Chairman Kim Marti
IREPAS Rebar & Wire Rod Suppliers Committee Chairman Kim Marti was interviewed during our 68th meeting in Doha, Qatar. Read More
Overcapacity and protectionism to remain key issues in 2013
Overcapacity and protectionism to remain key issues in 2013 The 68th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Doha on March 3-5, 2013. There were 76 producer representatives amongst the 210 registered delegates from 60 different countries. Yusuf Guven, chairman of the IREPAS Raw Material Suppliers Committee, said that the iron ore inventory... Read More
Short Range Outlook: February 2013
Competition heats up and margins suffer in global long steel market Trade restrictions have shut down a few significant markets for reinforcing bar exports recently, and so some exporting countries have been obliged to divert significant quantities of exports to other destinations, creating severe supply pressure on prices, and more importantly making profit margins practically... Read More
Short Range Outlook: January 2013
New Year brings some positive signs for longs market, at least for short term Business slowed down due to the holiday period in many long steel markets worldwide, but the balance of supply and demand has been maintained as many mills opted for long holiday breaks. The first week of the year showed some signs that 2013 may start with an upward trend in prices. Also, recent data indicate... Read More
Qatar issues guidelines for rebar imports
Qatar’s Ministry of Environment has announced guidelines regarding reinforcing bar imports to improve the quality of building and construction materials in the country. Accordingly, Qatar has banned imports of reinforcing bars below grade 500, and made mandatory a labaratory test report to import the construction steels. The Ministry announced to accept only those issued... Read More
UAE denies cancellation of duty exemption
The UAE Ministry of Economy has officially denied speculations that, the exemption allowing the cut end bend facilities in the country to import steel without paying the 5% import duty has been cancelled. The Ministry stated that the cut and bend facilities in the UAE will be under strict control amid reports of serious illegal practices, as there are claims of imported rebars... Read More
Next Destination : Doha
Our 68th Meeting will be held on March 3rd to 5th, 2013 at the Grand Hyatt Doha Hotel in Doha, Qatar, in conjunction with the SteelOrbis Spring’13 Conference. Other details will be announced soon. Read More
Short Range Outlook – December 2012
Longing for better market conditions In November, long steel mills worldwide were in general bothered by lack of demand, the rise in scrap prices and the subsequent lack of conversion margins, and therefore continued to reduce production and cut supply into the market. At the same time, demand in the market has declined mostly for seasonal reasons despite the positive sentiment... Read More
Short Range Outlook – November 2012
The market may improve in volumes Eventhough there were many announcements by several mills indicating production/supply cuts during the last few months, apparently they were not enough to improve the supply and demand balance in the market, as the market situation kept worsening due to supply pressure. Most buyers started to have lower price expectations, but later positive news... Read More
Interview with IREPAS Raw Material Suppliers Committee Chairman Mr. Ioannis Meimaroglu
IREPAS Raw Material Suppliers Committee Chairman Mr. Ioannis Meimaroglu was interviewed at the 67th IREPAS Meeting in Munich. Please click here to watch the video Read More