The program of the 89th meeting in Istanbul
Day 1: Sunday, September 17, 2023 19:00 – 22:00 Welcome cocktail at Swissôtel The Bosphorus Day 2: Monday, September 18, 2023 09:15 – 09:30 Welcome address by Chairman of IREPAS 09:30 – 11:30 SESSION ONE: Critical changes in the global long steel markets - Keynote speech: Figures and comments from WTO report Illicit... Read More
US to continue CVD orders on wire rod from Turkey
The US Department of Commerce (DOC) has announced the final results of the sunset review of the countervailing duty (CVD) order on carbon and alloy steel wire rod from Turkey. The DOC found that revocation of the countervailing duty (CVD) order on the given product from the country would be likely to lead to a continuation or recurrence of subsidies. The final subsidy rates are as follows: Habas – 3.88 % ICDAS – 3.81 % all other Turkish... Read More
Short Range Outlook : August 2023
General slowdown in global longs market puts producers under pressure The global long steel products market is slowing down in general, which is putting pressure on producers. Demand for reinforcing bars and wire rods remains very weak and there is strong pressure on prices from the new exporters – Algeria, Egypt, the UAE and Saudi Arabia – who are in the market with very aggressive offers. Business still stagnant in US, high interest... Read More
US ITC votes to maintain AD/CVD orders on wire rod imports from 10 countries
The US International Trade Commission (ITC) determined that revocation of the existing countervailing duty orders on carbon and alloy steel wire rod from Italy and Turkey and revocation of the existing antidumping duty orders on carbon and alloy steel wire rod from Belarus, Italy, Russia, South Africa, South Korea, Spain, Turkey, Ukraine, United Arab Emirates, and the United Kingdom would be likely to lead to continuation or recurrence of material... Read More
Short Range Outlook : June 2023
Global longs market impacted by variety of negative factors, especially low consumption The supply and demand balance in the global long steel products market is not getting any better and the main export destinations are requiring lower offers almost every week. The overriding issue for the market is volume and the lack of volume which is in effect coming from the lack of consumption. Consumption has unfortunately not recovered yet from the pandemic.... Read More
The program of the 88th meeting in Barcelona
Day 1: Sunday, May 7,2023 19:00 – 22:00 Welcome cocktail at InterContinental Barcelona Day 2: Monday, May 8, 2023 09:00 – 09:10 Welcome address by Chairman of IREPAS 09:10 – 10:50 SESSION ONE: Long Products and macro economy - Long products market outlook Overview of global construction sector Steel and long... Read More
Short Range Outlook : April 2023
International business shrinks in global long products market, outlook unsatisfactory Global business and its international scope have been facing some challenging times recently, with declining imports and exports and a lack of supply-demand balance in the global long products market. The reduced total production in 2022 is carrying over into 2023 and is able to satisfy actual consumption. This has resulted in an aversion to imported steel due to... Read More
US to continue anti dumping orders on wire rod imports from 10 countries
The US Department of Commerce (DOC) has announced the final results of the sunset reviews of the antidumping duty orders on carbon and certain alloy steel wire rod from Belarus, Italy, South Korea, Russia, South Africa, Spain, Turkey, Ukraine, the United Arab Emirates (UAE), and the UK. The DOC found that revocation of the antidumping duty orders on the given product from the given countries would be likely to lead to continuation or recurrence of... Read More
Short Range Outlook : March 2023
Better demand in global longs market It seems that demand in the global long steel products market is somewhat better after the holiday season. There have been signs of a pickup in demand everywhere in the past month, apart from the EU. The supply in the market has been adjusted accordingly, which has had a positive influence on prices. Consequently, the whole market dynamic has changed. The price spread between Chinese origin reinforcing bars and... Read More
Information on 88th IREPAS meeting in Barcelona, Spain
We are delighted to confirm that our first meeting in 2023, the 88th IREPAS meeting will be held at the InterContinental Barcelona on May 7-9 in conjunction with the SteelOrbis Spring’23 Conference. You may find all details including the agenda and registration information at the following link. Read More