IREPAS in Istanbul: Uncertainty prevails in slow market with weak demand
The 89th meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Istanbul on September 17-19, marking the 40th anniversary of the foundation of the association, in conjunction with the SteelOrbis Fall ’23 Conference. There were 217 representatives from 61 different producers among the 783 registered delegates from a total of 59 different countries. There were also 105 registrations representing 55 different raw... 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
Short Range Outlook : February 2023
Unpredictability persists in global longs market, recession fears may have been exaggerated The global long steel products market is still characterized by unpredictability. China’s impact on the global markets is still an open question and this contributes to the unpredictability for the second quarter. It seems that customers heard too much talk of recession last year and were convinced that all construction would stop in 2023. Actually, it looks... Read More
IREPAS in Monaco: The current crisis is a once-in-a-generation event
The 87th meeting of IREPAS (the International Rebar Exporters and Producers Association) was held in Monaco, on October 9-11, 2022, in conjunction with the SteelOrbis Fall ’22 Conference. There were 108 producer representatives from 40 different companies among the 407 registered delegates from a total of 48 different countries. There were also 69 registrations representing 43 different raw material suppliers. At the opening of the conference, Murat... Read More
Canada issues final antidumping duty decisions for rebar imports from seven countries
The Canada Border Services Agency (CBSA) has announced that it has made a final determination regarding the antidumping duty (AD) investigation on certain rebar from Algeria, Egypt, Indonesia, Italy, Malaysia, Singapore and Vietnam. The investigation was initiated in September 2020, after a complaint filed by domestic steelmakers AltaSteel Inc., ArcelorMittal Long Products Canada G.P. and Gerdau Ameristeel Corporation, and the provisional antidumping... Read More
Canada issues preliminary antidumping margins on rebar from seven countries
The Canada Border Services Agency (CBSA) has announced the preliminary determination of its antidumping (AD) duty investigation against certain concrete reinforcing bar imports from Algeria, Egypt, Indonesia, Italy, Malaysia, Singapore and Vietnam. The investigation was initiated in September 2020, after a complaint filed by the below domestic steelmakers AltaSteel Inc. ArcelorMittal Long Products Canada G.P. Gerdau Ameristeel Corporation. The products... Read More
Canada starts antidumping probe on rebar imports from seven countries
The Canada Border Services Agency (CBSA) has announced that it has initiated an antidumping duty investigation on certain concrete reinforcing bar from Algeria, Egypt, Indonesia, Italy, Malaysia, Singapore and Vietnam, after a complaint filed by Canadian steelmakers AltaSteel Inc., ArcelorMittal Long products Canada G.P. and Gerdau Ameristeel Corporation. The products subject to antidumping duty investigation currently fall under Customs Tariff Statistics... Read More
ABEF provides information on new import regulation in Algeria
Algeria’s Association of Banks and Financial Institutions (ABEF) has provided information regarding the new import trade regulation, which is expected to come in force starting from January 1, 2020. According to the document, importers in Algeria should prioritize operations on FOB basis over CFR basis purchases and give preference to the local shipping companies, while previously it was stated that those were mandatory. Therefore, the importers... Read More
Turkey increased import duty on rebar imports from non WTO member countries
According to Turkey’s Official Gazette published on April 17, Turkey has increased the 10 percent import duty on rebar to 30 percent for countries which are not members of the World Trade Organization (WTO). Iran stands out as one of the non-WTO countries whose rebar exports to Turkey have increased lately. Towards the end of last year, Iran started to be seen as a threat to the Turkish rebar market. Other non-WTO countries are Iraq, Syria, Azerbaijan,... Read More
IREPAS in Barcelona : Protectionism, raw materials and Turkey top the agenda
The 80th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Barcelona, Spain on April 7-9, 2019. There were 132 producer representatives among the 416 registered delegates from a total of 48 different countries. There were also 70 registrations representing 40 different raw material suppliers. At the opening of the conference Murat Cebecioglu, chairman of IREPAS, said that IREPAS firmly believes in, has supported... Read More