The programme of the 76th IREPAS meeting
March 26th, Sunday 19:00 – 22:00 Welcome cocktail at Intercontinental Budapest March 27th, Monday 09:00 – 09:15 Welcome address by Chairman of IREPAS 09:15 – 10:15 SESSION ONE – Global economic outlook - Global economic developments and expectations Gergely Tardos, OTP Bank / Chief Economist Where is the European economy heading? Current situation and expactations for Chinese economy Prospects... Read More
Egypt starts antidumping investigation on wire rod imports from China, Turkey and Ukraine
According to market players, Egypt has launched an antidumping duty investigation against wire rod imports from China, Turkey and Ukraine, upon a request from domestic steel producers. Egypt also recently initiated an antidumping duty investigation against reinforcing bar imports from the countries in question. Read More
Short Range Outlook : January 2017
Fears recede in global long steel market amid upbeat sentiment for 2017 There has been no significant change in the global long steel products market compared to last month in terms of supply and demand balance. Demand remains relatively weak, but we have seen better discipline on the supply side, which has had a positive impact on pricing dynamics. Demand is expected to pick up in the coming weeks. Economic numbers are strong and most fears regarding... Read More
Egypt launches antidumping investigation against rebar imports from Turkey, Ukraine and China
According to media reports Egypt has initiated an antidumping duty investigation against reinforcing bar imports from Turkey, Ukraine and China. The Egyptian authorities have requested the importers to submit their import data for the last three years within 30 days. Read More
Short Range Outlook : December 2016
Clear switch to positive sentiment in global long steel products market Conditions in the global long steel products market have improved significantly and a clear change to positive sentiment has been observed in the industry, something not seen in recent years. Chinese demand and supply restructuring boost prices and margins Domestic demand in China, together with a restructuring of supply at all levels from raw materials to finished products, is... Read More
India imposes antidumping duty on metallurgical coke imports from China and Australia
India’s Ministry of Finance has announced its final determinations in its antidumping duty investigation of imports of low ash metallurgical coke from China and Australia. According to Ministry of Finance’s statement, in its final findings India’s Directorate General for Anti Dumping and Allied Duties (DGAD) has concluded that dumped imports of the subject goods from China and Australia increased significantly in the period of investigation... Read More
Pakistan launches antidumping investigation on rebar imports from China
Pakistan’s National Tariff Commission has announced that it has initiated an antidumping duty investigation on imports of deformed concrete reinforcing steel bars from China. The investigation was initiated upon a complaint by local producers Amreli Steels Limited, Agha Steel Industries Ltd. and Abbas Engineering Industries, alleging that the products under investigation are being exported to Pakistan at dumped prices from China and have caused... Read More
Short Range Outlook : November 2016
Global long steel products market enjoys its best environment since 2013 The global long steel products market is currently enjoying its best environment since 2013, while sentiment has improved significantly. Supply and demand in the market are now a lot more in equilibrium compared to previous months. Fewer offers from China and Russia seen in global market Demand had made a weak start to October, as sellers were continuing with their seasonal fourth... Read More
W.Schmiedel / BIR: Spike in coking coal prices to increase scrap usage
Speaking at the BIR World Mirror on Ferrous Metals event organized by the Bureau of International Recycling (BIR), BIR president William Schmiedel, also president of US-based scrap recycling company Sims Group Global Trade Corporation, has stated that in August this year Chinese exports of finished and semi-finished steel decreased from June’s level of 10.9 million mt to 9.1 million mt. While this is a good sign, the latter total of 9.1 million... Read More
IREPAS in Vienna: Global longs market focuses on challenges amid signs of stabilization
The 75th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Vienna, Austria on September 25-27, 2016. There were 94 producer representatives among the 285 registered delegates from 33 different countries. There were also 44 registrations representing 30 different raw material suppliers. On the last day of the conference, producers of long steel products and steel billets, as well as traders and raw material suppliers,... Read More