Algeria may unveil quotas on reinfocing bar imports soon
Mr. Abdelmadjid Tebboune, Algerian interim trade minister and also minister for housing and urban planning has said that Algeria may unveil quotas on reinforcing bar imports soon. Mr.Tebboune added that he will discuss quotas for reinforcing bar imports and for other product imports at an inter-ministerial meeting, as reported by Algerian and French media. Algeria, the largest importer of Italian origin reinforcing bars, imposed an import licence... Read More
Short Range Outlook : February 2017
Europe, US and Asia lead the way for demand in global long steel products market Expectations for demand and order books in the supply chain of the global long steel products market made a reasonable start to business in 2017, although a sharp correction in scrap prices caused people to hesitate a bit in the EU and the US. However, market sentiment has not changed much and demand is still showing good prospects for 2017 in Europe, the US and Asia. Turkish... Read More
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
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
Preliminary antidumping decision for rebar imports into Canada
The Canada Border Services Agency (CBSA) has announced its preliminary results concerning its antidumping duty investigation regarding certain concrete reinforcing bar originating or exported from Belarus, Taiwan, Hong Kong, Japan, Portugal and Spain. Accordingly, the CBSA calculated preliminary antidumping duties ranging from one percent to 109.2 percent for the six locations. Provisional duties are now payable on the subject goods that are released... 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
US DOC issues preliminary decision of CVD review on Turkish rebar
According to a statement issued by the Turkish Steel Exporters’ Association (CIB), the US Department of Commerce (DOC) as announced the preliminary results of its administrative review of the countervailing duty (CVD) order on rebar imports from Turkey, imposed on September 15, 2014. Accordingly, in its preliminary decision the US DOC has calculated the countervailing duty rate for rebar imports from Turkey as 0.0 percent for Turkish steel producers... 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
US DOC postpones preliminary determination in Turkish rebar investigation
The US Department of Commerce (DOC) has announced that it has postponed its preliminary decision regarding the countervailing duty (CVD) investigation on rebar imports from Turkey, which was due no later than December 15, since it will need more time to make the preliminary determination. The new deadline for the preliminary determination is February 21, 2017. Meanwhile, the deadline for the final determination will continue to be 75 days after the... 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