Short Range Outlook : May 2016
Supply-demand equilibrium now healthier in global longs market Supply and demand have reached a healthier equilibrium in the global long steel products market mainly due to Chinese supply being more focused on its domestic market. Low local stocks in the global markets and stronger demand in the construction segment have also helped and consequently prices have jumped to what may... Read More
Saudi Arabia ends export ban on steel products
Saudi Arabia has ended its export ban on cement and rebar since the construction industry in the country is suffering from the impact of lower oil prices, which has resulted in the government cutting back on spending on many projects, according to a report by Reuters. According to Reuters, among the conditions that firms in both the cement and steel sectors will have to meet in... Read More
Australia imposes antidumping duty on rebar imports from China
Australia’s Antidumping Commission has announced that it has decided to impose definitive antidumping duty on rebar imports from China. The commission has increased the duties from the preliminary duties which ranged between 5.8 percent and 17.8 percent. Accordingly, the antidumping duties are as follows: Shandong Shiheng Special Steel Group ... Read More
IREPAS in Lisbon: Exciting times finally here after depressing period
The 74th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Lisbon, Portugal on April 10-12, 2016. There were 70 producer representatives among the 261 registered delegates from 35 different countries. There were also 35 registrations representing 25 different raw material suppliers. At the opening of the SteelOrbis 2016 Spring Conference &... Read More
75th IREPAS meeting will be held in Vienna
The 75th IREPAS meeting will be held on September 25th to 27th, 2016 at the Intercontinental Hotel in Vienna, Austria in conjunction with the SteelOrbis Fall 16′ Conference. Details will be announced later. Read More
Uli Leuchtmann replaces Lutz Karpowitz as speaker at the 74th IREPAS meeting
Unfortunately Mr Lutz Karpowitz will not be able to make the trip to Lisbon due to illness. His colleague Mr Uli Leuchtmann (Head of EM&FX Research) will be replacing him in the programme of the 74th IREPAS meeting. Read More
EEC imposes antidumping duty on rebar imports from Ukraine
The Eurasian Economic Commission (EEC), the executive body of the Eurasian Economic Union (EEU) which includes Belarus, Kazakhstan, Russia and Armenia, has announced that it has decided to impose antidumping duty on rebar imports from Ukraine. The investigation was launched in November 2013. The duty rates are announced as follows: Enakievskiy Steel Mill ... Read More
Ukraine hikes scrap export tax for three years
The Ukrainian parliament has announced that it has approved a law to increase the export tax on scrap, including stainless scrap, from €10/mt to €35/mt for three years. Meanwhile, as of March 23, 250 exporters applied to Ukraine’s Ministry of Economic Development and Trade for scrap export licenses for a total of 3.8 million mt, while only 152 exporters were permitted to export... Read More
EU starts antidumping investigation for rebar imports from Belarus
The European Commission (EC) has announced that it has started an antidumping investigation for certain concrete reinforcement bar and rod imports from Belarus upon a complaint received from the European Steel Association (EUROFER) alleging that the mentioned imports are being dumped and are thereby causing material injury to the EU industry. The investigation will cover the period... Read More
The programme of the 74th IREPAS meeting
April 10th, Sunday 19:00 – 22:00 Welcome Cocktail at the Sheraton Lisboa Hotel & Spa April 11th, Monday 09:00 – 09:30 Welcome address by Chairman of IREPAS 09:30 – 11:00 SESSION ONE - Global steel market outlook Eric Louvert - BNP Paribas, Senior Advisor... Read More