Canada launches antidumping probe against wire rod imports from three countries

The Canada Border Services Agency (CBSA) has announced that it has launched an antidumping (AD) duty investigation to determine whether certain wire rod from China, Egypt, and Vietnam are being sold at unfair prices in Canada. The investigation is the result of a complaint by Ivaco Rolling Mills. The CBSA will investigate whether the imports are being dumped and will make a preliminary decision within 90 days, at which time provisional duties may... Read More

Short Range Outlook : February 2024

Some decisive positive developments still awaited in global longs market It seems like everybody in the global long steel products is waiting for some really positive developments to materialize. However, unfortunately, there is no substantive positive news coming out of China. Nevertheless, the country is driving iron ore prices and coal prices, while many long product mills are working to keep margins between scrap and finished products on the... Read More

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 : 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

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

IREPAS in Monaco: The current crisis is a once-in-a-generation event

The 87th meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Monaco, on October 9-11, 2022, in conjunction with the SteelOrbis Fall ’22 Conference. There were 108 producer representatives from 40 different companies among the 407 registered delegates from a total of 48 different countries. There were also 69 registrations representing 43 different raw material suppliers. At the opening of the conference, Murat... Read More

The program of the 87th meeting in Monaco

Day 1: Sunday, October 9,2022 19:00 – 22:00                   Welcome cocktail at Fairmont Monte Carlo   Day 2: Monday, October 10, 2022 09:00 – 09:10                  Welcome address by Chairman of IREPAS   09:10 – 10:40                    SESSION ONE: Critical changes in global long steel markets – Long products, pig iron and EU - Long products market outlook Overview... Read More

Egypt cancels safeguard duties on billet and rebar imports

The Egyptian Minister of Trade and Industry, Nevine Gamea, has issued two ministerial decrees to cancel safeguard import duties on billets, rebar, and aluminium products. The cancellation will be effective as of the following day of the publication date of the two decrees in the Official Gazette, according to a statement on Sunday, 14th of November. The decision is aimed at supporting local producers and exporters in the face of the global inflation... Read More

Canada issues final antidumping duty decisions for rebar imports from seven countries

The Canada Border Services Agency (CBSA) has announced that it has made a final determination regarding the antidumping duty (AD) investigation on certain rebar from Algeria, Egypt, Indonesia, Italy, Malaysia, Singapore and Vietnam. The investigation was initiated in September 2020, after a complaint filed by domestic steelmakers AltaSteel Inc., ArcelorMittal Long Products Canada G.P. and Gerdau Ameristeel Corporation, and the provisional antidumping... Read More

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