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rebar - Latest news GMK Center

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

Photo – ArcelorMittal Warszawa temporarily suspended production
ArcelorMittal Warszawa temporarily suspended production

The mini-mill is experiencing a lack of orders, especially in the rebar segment

Photo – ArcelorMittal launched a small section rebar mill
ArcelorMittal launched a small section rebar mill

The first batch of rebar has neen recently made at the DS-250-5 unit

Photo – Polish customs arrested Metalloinvest’s iron ore and rebar
Polish customs arrested Metalloinvest’s iron ore and rebar

The reason of seizure were earlier imposed sanctions

Photo – White House considers suspending tariffs on Ukraine-made steel
White House considers suspending tariffs on Ukraine-made steel

Special duty on hot-rolled thick sheets, hot-rolled coils, rebar and pipes are among the most painful for Ukrainian steelmakers

Photo – Duties on wire rod did not stop imports from Moldova
Duties on wire rod did not stop imports from Moldova

Ukraine’s imports of wire rod increased by 20.3% to 72.6 thousand tons in 2020

Photo – Ukraine’s rebar exports fell by 28% in 2020
Ukraine’s rebar exports fell by 28% in 2020

At the same time, imports of these metal products decreased by only 16.4%

Photo – GMK Center expects a 3–5% decline in steel consumption in Ukraine in 2020
GMK Center expects a 3–5% decline in steel consumption in Ukraine in 2020

The domestic market for metal products has been stagnating over the past two years

Photo – Ukraine introduces a 16.1% special duty on Belarusian rebar and wire rod
Ukraine introduces a 16.1% special duty on Belarusian rebar and wire rod

This step results from Belarus’s restrictions on Ukrainian scrap imports

Photo – The UK will have its own steel import quotas from 1 January
The UK will have its own steel import quotas from 1 January

Quotas will be introduced for Ukraine’s cold-rolled sheets, hot-rolled plates and rebar

Photo – Residential construction in Ukraine dropped by 7.5% in November
Residential construction in Ukraine dropped by 7.5% in November

Over the first eleven months of 2019, the growth rate in residential construction did not exceed 2%

Photo – Ukraine’s housing construction grew by 2% in 10 months
Ukraine’s housing construction grew by 2% in 10 months

Sales in real estate are going down and so is the pace of rebar consumption in construction

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