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
The 91st IREPAS meeting will be held in Paris, France
The 91st IREPAS meeting will be held from September 15th to 17th, 2024 in Paris, France in conjunction with the SteelOrbis Fall’24 Conference. There are already over 260 registrations, including 82 by raw material suppliers and 70 by producers. The details can be found here. Read More
Short Range Outlook : July 2024
Lack of Chinese government action could cause great damage to global longs industry The supply and demand balance in the global long steel products market is becoming more unstable, with China now actively moving steel billets at the lowest prices. Finished products from China continue to dominate most markets, both in the long and flat segments. Even though there is a lot of material being offered in the market, it seems that the current raw material... Read More
Turkey extends temporary safeguard measure on wire rod imports for three years
Turkey, having announced a temporary safeguard protection measure on alloyed and non-alloyed wire rod imports at the beginning of this year, has decided to extend the measure for another three years. As a result of minor changes made in the decision, wire rod importers will be subject to a tax liability of $175/mt during June 15, 2024-January 6, 2025; $170/mt during January 7, 2025-January 6, 2026 and $165/mt between January 7, 2026 and January 6,... Read More
Canada issues preliminary antidumping margins on wire rod imports from three countries
The Canada Border Services Agency (CBSA) has announced the preliminary determination of its antidumping (AD) duty investigation against certain wire rod from China, Egypt and Vietnam. The estimated dumping margins are as follows: China : 50.9 percent and 71.1 percent Egypt : 49.7 percent and 99.8 percent Vietnam : 6.1 percent, 18.3 percent, 38.9 percent The products subject to the preliminary duty currently fall under the below listed Customs Tariff... Read More