Outlook for global rebar market in Q4 is 'very good', Irepas says

The outlook for the global rebar market is positive for the fourth quarter of 2017, according to the International Rebar Exporters & Producers Assn (Irepas).

There is no pressure from China on the international market, because the strong domestic consumption of steel in the country means that the likelihood of more Chinese steel exports continues to decrease, the association said on Thursday August 31. This has resulted in “much more balanced” competition in the global rebar market, it added. The regionalisation of the steel trade has also...

Published

August 31, 2017

16:52 GMT

London