Short Range Outlook : January 2025
Pressure still rising in global longs market, some answers expected after January 20 The pressure in the global long steel products market is increasing as there is no positive news from China yet, while everywhere there is weak demand, market protection and excess capacity. Some questions about the future are expected to receive answers after Trump’s inauguration on January 20 Still no positive news heard from China Chinese export data for November... 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The US Department of Commerce (DOC) has announced that it has rescinded the administrative review of the antidumping duty order against wire rod imports from Ukraine for the period of review between March 1, 2023, and February 29,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
Short Range Outlook : December 2024
Global longs market enters holiday season, but deep uncertainties lie ahead next year The global long steel products market has mostly entered the holiday period. In many markets, business will start moving only after January 13. Many uncertain factors lie ahead for the post-holiday period, including the situation regarding Chinese exports, the actions likely to be taken by the new US administration and the difficulties faced by the steel industry... Read More
US issues preliminary antidumping review results on wire rod imports from Mexico
The US DOC has announced the preliminary results of its administrative review of the antidumping duty order on carbon and certain alloy steel wire rod imports from Mexico. During the review period from October 1, 2022, to September 30, 2023, some Mexican producers were found to have made sales of the subject products at less than normal value. The DOC has determined weighted average dumping margins of 18.09 percent for TA 2000 S.A. de C.V. and 13.46... Read More
Short Range Outlook : November 2024
Gloomy demand picture prevails in global longs market, but possible bright spots on horizon The supply and demand balance in the global long steel products market is being impacted strongly by low demand and it is reasonable to expect that, if the US introduces new market protection measures, other countries will follow. There is simply not enough demand in the world for all the steel produced. Despite the overall gloomy scenario of mostly insufficient... Read More
US issues final results of antidumping review on wire rod from South Korea
The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping duty order on carbon and alloy steel wire rod imports from South Korea for the period between May 1, 2022, and April 20, 2023. During the given period, some South Korean producers were found to have made sales of the given products at less than normal value. The DOC has calculated a weighted-average dumping margin of 0.85 percent for... Read More
The 92nd IREPAS meeting will be held in Athens, Greece
The 92nd IREPAS meeting will be held on April 27-29, 2025 in Athens, Greece in conjunction with the SteelOrbis Spring’25 Conference. Details will be announced later. Read More
IREPAS in Paris : Optimism has been postponed
The 91st meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Paris on September 15-17 in conjunction with the SteelOrbis Fall’24 Conference. There were 140 representatives from 47 different producers among the 493 registered delegates from a total of 58 different countries. There were also 100 registrations representing 57 different raw material suppliers. At the opening of the conference, Murat Cebecioglu,... Read More
Canada issues final antidumping margins on wire rod imports from three countries
The Canada Border Services Agency (CBSA) has announced the final determination of its antidumping (AD) duty investigation against certain wire rod from China, Egypt and Vietnam. The determined dumping margins are as follows: Jiangsu Shagang (China) : 34.0 percent All other Chinese companies : 46.2 percent Suez Steel (Egypt) : 8.6 percent All other companies in Egypt : 21.3 percent Hoa Phat Dung Quat Steel (Vietnam) : 17.7 percent Hoa Phat Hai Duong... Read More
The program of the 91st meeting in Paris
Day 1: Sunday, September 15, 2024 19:00 – 22:00 Welcome cocktail at Marriott Rive Gauche Hotel Paris Day 2: Monday, September 16, 2024 09:15 – 09:30 Welcome address by Chairman of IREPAS 09:30 – 11:00 SESSION ONE – Global markets and CBAM impact - Latest developments in the global steel market and recent trends... Read More