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rebar - Latest news GMK Center

Photo – The UK extended anti-dumping duties on Chinese rebar
The UK extended anti-dumping duties on Chinese rebar

The measures were extended after the cancellation of the previous recommendation of the Office of Trade Measures on the elimination of tariffs

Photo – Australia extends anti-dumping duties on rebar from four countries
Australia extends anti-dumping duties on rebar from four countries

The rate for Greece is 42.1%, for Spain – 6.3%

Photo – Global rebar prices rise amid renewed demand
Global rebar prices rise amid renewed demand

Rebar quotations in Turkiye rose by 2.1% in early January, and in China – by 1.4%

Photo – The first quarter of 2023 may become the worst for the rolled steel market – IREPAS
The first quarter of 2023 may become the worst for the rolled steel market – IREPAS

The increase in the cost of raw materials, high energy prices and a decrease in business activity will have a negative impact on the steel market

Photo – MENA rebar producers are losing $50-70 million per month due to changes in global trade flows
MENA rebar producers are losing $50-70 million per month due to changes in global trade flows

Exporters from India, Turkiye and the Russian Federation are more active in the MENA market

Photo – Long steel suppliers in the EU seek to stabilize the market
Long steel suppliers in the EU seek to stabilize the market

Inventories are declining, and imports of these products to Europe have slowed down

Photo – The volume of the global rebar market will amount to $246.3 billion by 2028 — forecast
The volume of the global rebar market will amount to $246.3 billion by 2028 — forecast

Analysts consider the non-residential construction sector to be the driver of growth

Photo – Stagnation continues in the French rebar market due to weak demand
Stagnation continues in the French rebar market due to weak demand

Domestic rebar contracts in September 2022 were €880-910/t ex-works

Photo – Import volumes of Turkish rebar in European ports have already exceeded the EU quota
Import volumes of Turkish rebar in European ports have already exceeded the EU quota

On October 3, the price of rebar from Türkiye was at the level of $682.5/t

Photo – The UK proposes to extend anti-dumping duties on rebar from China
The UK proposes to extend anti-dumping duties on rebar from China

The previous conclusion of the British regulator talked about their possible cancellation

Photo – Polish rebar factories offer discounts to stimulate the market
Polish rebar factories offer discounts to stimulate the market

For the week of September 9-16, 2022, rebar prices in Poland decreased by $11, to $889-910/t

Photo – Turkish rebar producer IDC is reducing production capacity
Turkish rebar producer IDC is reducing production capacity

The company made such decision against the background of declining demand, increasing production costs and worsening economic conditions

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