Long steel products demand varies significantly between different markets
The 70th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Barcelona, Spain on March 31-April 1. There were 101 producer representatives among the 330 registered delegates from 39 different countries. Ioannis Meimaroglu, chairman of the IREPAS raw material suppliers committee, underlined the record-high 44 registrations of representatives of a total of 32 different raw material supplier companies for this latest... Read More
The programme of the 70th IREPAS Meeting
March 30th, Sunday 14:00 – 19:00 Registration desk opens at the lobby 19:00 – 23:00 Welcome Cocktail at Hilton Diagonal Mar Barcelona March 31st, Monday 09:00 – 09:30 Registration desk opens at the conference area 09:30 – 10:45 Welcome address by Chairman of IREPAS – Kim Marti SESSION ONE – The Unbalanced Post Recession Keynote Speaker: Xavier Sala-i-Martin, J. and M. Grossman Professor of Economics at Columbia... Read More
DeAcero suggests negotiation
Mexican steel producer DeAcero released a request on February 13th that the US Department of Commerce avoid trade disputes with Mexico and focus on the defense of NAFTA regions, which receive unfair imports from China and the European Union. The request read “Trade disputes between members of NAFTA should be resolved through negotiation and agreement rather than trade litigation.” DeAcero said “A suspension agreement in the antidumping... Read More
Short Range Outlook : February 2014
Difficulties in emerging markets adversely impact long steel business The annualized crude steel production of the world steel industry in December last year decreased to 1.521 billion metric tons as the average daily rate of production declined by 2.5 percent in the given month compared to the previous month. The capacity utilization rate of the industry was 74.2 percent in December. According to the World Steel Association (worldsteel), the 65... Read More
US DOC postponed preliminary determination on rebar imports
The United States Department of Commerce (DOC) was expected to announce its preliminary determination in the antidumping investigation on reinforcing bar imports from Mexico and Turkey on February 27th, 2014. However, the DOC announced on Feb 4th that it will make the preliminary determination by the 18th of April, 2014. Read More
AD and CVD duty petition against wire rod imports from China to the US
An antidumping and countervailing duty petition against imports of wire rod from China is filed by a coalition of US producers of carbon and certain alloy steel wire rod. The coalition is comprised of the following producers: Nucor ArcelorMittal USA Charter Steel Evraz Rocky Mountain Steel Gerdau Ameristeel Keystone Consolidated Industries filed China is now the largest source of wire rod imports in the US, and the filed antidumping and countervailing... Read More
Short Range Outlook: December 2013
Stability in global long steel market but future prospects appear brighter The global long steel products market maintained its generally stable condition during the month of November on the back of stable ferrous scrap prices. Major exporters have been able to find some opportunities for product volumes in the North African and Middle Eastern markets, and, on top of that, maintenance closures at a number of mills due to the upcoming holiday season... Read More
Administrative review of wire rod imports from Mexico to the US initiated
The US Department of Commerce announced the initiation of an adminsitrative review of the antidumping orders on carbon and certain alloy steel wire rod from Mexico – Deacero S.A. de C.V. on December 3rd, 2013. The period of review is October 1, 2012 through September 30, 2013. Read More
US DOC voted to keep AD & CVD orders on certain wire rod imports
The final determination of the US Department of Commerce (DOC) in the expedited sunset reviews of the antidumping orders on carbon and certain alloy wire rods from the below listed countries was made on October the 23rd, and the DOC concluded that the revocation of the orders would likely lead to the continuation of recurrence of dumping. The list of the countries subject to ad/CVD orders is as follows: Brazil Indonesia Mexico Moldova Trinidad... Read More
Price volatility, overcapacity, credit restrictions and trade barriers among issues facing long steel industry, but positive signs from global economy
The 69th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Istanbul, Turkey on September 22-24, 2013. There were 120 producer representatives amongst the 407 registered delegates from 49 different countries. Kim Marti was named as Chairman of IREPAS, replacing Ugur Dalbeler. Ioannis Meimaroglu, Chairman of the Raw Materials Suppliers’ Committee, confirmed that a record high number of 42 representatives attended... Read More