Short Range Outlook : July 2014
Decent performance in global long steel market but rising concerns due to several issues Global demand has remained at reasonable levels during the course of the last 30 days. The market has been performing well in the Americas and showing better numbers in Europe. Elsewhere, market dynamics have continued to be strong in MENA countries, Africa and Asia. However, excess supply in general is putting a lot of pressure on pricing and margins. Steel... Read More
Short Range Outlook : June 2014
Healthy demand but persisting concerns in global long steel products market Demand has continued to improve in the global long steel products market, especially in the Americas and the EU. The US market remains particularly healthy demandwise, though supply is still very high, leading to worries that the market may have peaked. Commercial activity is increasing in Central and South America, with the exception of Brazil where the market appears to... Read More
Short Range Outlook : May 2014
Some bright spots in global long steel demand despite ongoing uncertainties The global long steel products market is still characterized by uncertainty amid the adverse effects of ongoing political tensions. The market combines areas where business is reasonably good, with some others where business is very weak. Real demand slowed down last month in the EU market due to the Easter holidays. However, the customers in the region who had postponed their... Read More
Long steel products demand varies significantly between different markets
The 70th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Barcelona, Spain on March 31-April 1. There were 101 producer representatives among the 330 registered delegates from 39 different countries. Ioannis Meimaroglu, chairman of the IREPAS raw material suppliers committee, underlined the record-high 44 registrations of representatives of a total of 32 different raw material supplier companies for this latest... Read More
The programme of the 70th IREPAS Meeting
March 30th, Sunday 14:00 – 19:00 Registration desk opens at the lobby 19:00 – 23:00 Welcome Cocktail at Hilton Diagonal Mar Barcelona March 31st, Monday 09:00 – 09:30 Registration desk opens at the conference area 09:30 – 10:45 Welcome address by Chairman of IREPAS – Kim Marti SESSION ONE – The Unbalanced Post Recession Keynote Speaker: Xavier Sala-i-Martin, J. and M. Grossman Professor of Economics at Columbia... Read More
DeAcero suggests negotiation
Mexican steel producer DeAcero released a request on February 13th that the US Department of Commerce avoid trade disputes with Mexico and focus on the defense of NAFTA regions, which receive unfair imports from China and the European Union. The request read “Trade disputes between members of NAFTA should be resolved through negotiation and agreement rather than trade litigation.” DeAcero said “A suspension agreement in the antidumping... Read More
Short Range Outlook: January 2014
Mood brightens in global long steel market despite ongoing unpredictability The global long steel products market has resumed business after the holiday period, as activity had stopped in many countries from the middle of December up to the first week of January. The mild weather conditions in the EU have permitted reasonable levels of construction activity, which have helped to sustain a certain volume of demand in the region’s long steel market.... Read More
Short Range Outlook: December 2013
Stability in global long steel market but future prospects appear brighter The global long steel products market maintained its generally stable condition during the month of November on the back of stable ferrous scrap prices. Major exporters have been able to find some opportunities for product volumes in the North African and Middle Eastern markets, and, on top of that, maintenance closures at a number of mills due to the upcoming holiday season... Read More
Price volatility, overcapacity, credit restrictions and trade barriers among issues facing long steel industry, but positive signs from global economy
The 69th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Istanbul, Turkey on September 22-24, 2013. There were 120 producer representatives amongst the 407 registered delegates from 49 different countries. Kim Marti was named as Chairman of IREPAS, replacing Ugur Dalbeler. Ioannis Meimaroglu, Chairman of the Raw Materials Suppliers’ Committee, confirmed that a record high number of 42 representatives attended... Read More
Short Range Outlook: September 2013
Raw material costs to provide some support for long steel prices despite depressed conditions The excess supply situation in certain regions in the global long steel products market in July also continued to be observed in the month of August. That said, market sentiment has lately been better in the US and Europe, where some price increases have been achieved. The market dynamics have been improving slightly in Asia too. Although the weak yen encourages... Read More