The program of the 86th meeting in Istanbul
Day 1: Sunday, May 29,2022 19:00 – 22:00 Welcome cocktail at Four Seasons Hotel Bosphorus Istanbul Day 2: Monday, May 30, 2022 09:00 – 09:15 Welcome address by Chairman of IREPAS 09:15 – 10:00 SESSION ONE: Critical changes in global long steel markets - Long products market outlook Overview of global construction... Read More
Short Range Outlook : April 2022
War in Ukraine a major gamechanger for global longs market The war in Ukraine has changed sentiment in the global long steel products market as well as fundamentally altering the flow of raw materials and finished products almost overnight. There is more demand than secure supply in the market. Before the war, the expectations were that demand would determine the direction of prices, contrary to 2021 when supply was the driving factor. Today, however,... Read More
Information on 86th IREPAS meeting in Istanbul
We are delighted to confirm that our first meeting in 2022 will be held in our traditional in-person format after two years! The 86th IREPAS meeting conference will be held at the Four Seasons Hotel Bosphorus in Istanbul, on May 29-31 in conjunction with the SteelOrbis Spring’22 Conference. You may find all details including the agenda and registration information at the following link. Read More
Short Range Outlook : March 2022
Global longs market at unprecedented juncture after Russia’s invasion of Ukraine The global long steel products market has entered a new and completely unprecedented situation as a result of the war in Ukraine. The current situation means one of the largest suppliers of many raw and semi-processed materials will be completely excluded from the market for an unforeseeable period of time, with the consequences being almost impossible to predict at... Read More
86th IREPAS meeting will be held in Istanbul, Turkey
The 86th IREPAS meeting will be held on May 29th to 31st, 2022 in Istanbul, Turkey in conjunction with the SteelOrbis Spring’22 Conference. Details will be announced later. Read More
US issues final results of antidumping review on rebar imports from Turkey
The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping (AD) duty order on reinforcing bar imports from Turkey for the period between July 1, 2019 and June 30, 2020. Accordingly, the US DOC has determined that Turkey’s sales of the subject goods were made below normal value during the period of review. Additionally, the DOC found that Colakoglu Metalürji did not make sales of the subject... Read More
US DOC amends its antidumping orders for rebar from Turkey again
The US Department of Commerce (DOC) has announced that it has again amended the order and the final determination regarding its antidumping investigation on imports of reinforcing bars from Turkey, on the grounds that the final determination was not in harmony with the United States Court of International Trade (CIT). Accordingly, the DOC has determined the following new dumping margins: HABAS – 3.96 percent ICDAS – 4.17 percent All others... Read More
Short Range Outlook : December 2021
Demand slows in global longs market, higher costs to reduce price erosion Demand is slowing down in the global long steel products market as we have entered the slow season in the northern hemisphere and the holidays are approaching. Market activity may remain slow until the Chinese New Year holidays and so we may see further price erosion in the coming weeks. However, such erosion should be limited due to higher costs of production. There is an energy... Read More
US issues preliminary CVD review results on rebar from Turkey
The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the countervailing duty (CVD) order on rebar from Turkey. Accordingly, the DOC has preliminarily determined that Turkish suppliers Kaptan Demir Celik and Icdas received a countervailable subsidy rate at 1.75 percent for the period from January 1, 2019, through December 31, 2019. On the other hand, Colakoglu Dis Ticaret received a subsidy rate... 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