IREPAS in Istanbul: Uncertainty prevails in slow market with weak demand
The 89th meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Istanbul on September 17-19, marking the 40th anniversary of the foundation of the association, in conjunction with the SteelOrbis Fall ’23 Conference. There were 217 representatives from 61 different producers among the 783 registered delegates from a total of 59 different countries. There were also 105 registrations representing 55 different raw... 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
IREPAS in Barcelona: Challenging times for global longs industry
The 88th meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Barcelona, on May 7-9, 2023, in conjunction with the SteelOrbis Spring ’23 Conference. There were 157 producer representatives from 58 different companies among the 553 registered delegates from a total of 55 different countries. There were also 81 registrations representing 43 different raw material suppliers. At the opening of the conference, Murat... Read More
Short Range Outlook : February 2023
Unpredictability persists in global longs market, recession fears may have been exaggerated The global long steel products market is still characterized by unpredictability. China’s impact on the global markets is still an open question and this contributes to the unpredictability for the second quarter. It seems that customers heard too much talk of recession last year and were convinced that all construction would stop in 2023. Actually, it looks... Read More