Short Range Outlook : April 2026
Global longs market deteriorates further amid war-related supply-side shock, ceasefire in Iran war offers hope There have been no signs of improvement in the global long steel products market. On the contrary, the current business environment has, unfortunately, deteriorated rather than improved in terms of the supply and demand balance. The wars, particularly in Iran and Ukraine, have significantly exacerbated existing disruptions across global... Read More
Ukraine starts antidumping probe against imports of steel bars and angles from Turkey
The Ukrainian authorities have announced the start of an antidumping investigation against imports of steel bars and angles from the Republic of Turkey. The petition was filed by local steel producer ArcelorMittal Kryvyi Rih, according to which the relevant commission stated that there is enough evidence regarding the fact that imports of the mentioned products from Turkey to Ukraine could have been carried out at dumped prices. The level of the dumping... Read More
US rescinding antidumping order on wire rod imports from Ukraine
The US Department of Commerce (DOC) has announced it will be rescinding the administrative review of the antidumping duty (AD) order on carbon and alloy steel wire rod (wire rod) from Ukraine between March 1, 2024, and February 28, 2025. The DOC has decided to rescind the administrative review of the AD order because there were no reviewable entries of subject merchandise for which liquidation is suspended, or in other words, there were no entries... Read More
Ukraine bans scrap exports to support domestic steelmaking
Ukrainian Prime Minister Yulia Svyrydenko has announced that the Ukrainian government has approved a decision to extend existing restrictions on scrap exports through the end of 2026. Under the decision, a licensing regime with zero export quotas for scrap has been introduced. According to the prime minister, the framework is designed to protect strategic raw materials and ensure they are directed toward domestic processing rather than exported. Ms.... Read More
US to continue antidumping duty on rebar imports from seven countries
The US Department of Commerce (DOC) has announced the final results of the sunset reviews of the antidumping duty (AD) orders on reinforcing bar imports from Belarus, China, Indonesia, Latvia, Moldova, Poland, and Ukraine. The DOC found that revocation of the antidumping duty orders on the given product from the given seven countries would likely to lead to continuation or recurrence of dumping. The weighted-average dumping margins are at 114.53... Read More
US rescinds review of antidumping duty order on wire rod imports from Ukraine
The US Department of Commerce (DOC) has announced that it has rescinded the administrative review of the antidumping duty order against wire rod imports from Ukraine for the period of review between March 1, 2023, and February 29, 2024. The review, which was initiated on May 8, 2024, originally covered the following six companies: ArcelorMittal Steel Kryvyi Rih; Public Joint Stock Company Yenakiieve Iron and Steel Works; PrJSC Electrometallurgical... Read More
US ITC votes to maintain antidumping duty order on rebar imports from seven countries
The US International Trade Commission (ITC) has determined that revoking the existing antidumping duty order on rebar from Belarus, China, Indonesia, Latvia, Moldova, Poland and Ukraine would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. As a result of the ITC’s affirmative determination, the existing order on imports of this product from these countries will remain in place. The weighted-average... Read More
The program of the 90th meeting in Berlin
Day 1: Sunday, April 28, 2024 19:00 – 22:00 Welcome cocktail at InterContinental Berlin Day 2: Monday, April 29, 2024 09:00 – 09:15 Welcome address by Chairman of IREPAS 09:15 – 09:45 SESSION ONE – Critical changes in the global long steel markets - Long products market outlook Overview of global construction... Read More
US to continue antidumping orders on rebar from seven countries
The US Department of Commerce (DOC) has announced the final results of the sunset reviews of the antidumping duty (AD) orders on rebar from Belarus, China, Indonesia, Latvia, Moldova, Poland, and Ukraine. The DOC found that revocation of the antidumping duty orders on the given product from the given seven countries would be likely to lead to continuation or recurrence of dumping. The DOC has determined weighted-average dumping margin of up to 114.53... 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