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Kallanish Steel Weekly

07-25 | Feb. 18, 2025

Issue 07, 2025 - This week's editorial: Trump continues flexing muscles, world debates trade impact

New US President Donald Trump was a busy man last week, delivering or announcing various measures that will impact the global ferrous market. Trump re-imposed 25% steel import tariffs across the board, proposed new "reciprocal" …

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06-25 | Feb. 11, 2025

Issue 06, 2025 - This week's editorial: Trump tariffs escalate, EU awaits policy rescue

Last week ended with a bombshell when US President Donald Trump announced, while flying to the Super Bowl on board Air Force One on Sunday, that the US will impose 25% blanket steel tariffs. Spoiler alert …

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05-25 | Feb. 4, 2025

Issue 05, 2025 - This week's editorial: US tariff ping-pong bamboozles market, India digests new budget

Much of Asian trading was put on pause last week as China along with multiple other countries celebrated the Lunar New Year. However, Donald Trump following through on his tariff promise and India announcing its 2026 …

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04-25 | Jan. 28, 2025

Issue 04, 2025 - This week's editorial: Turkish scrap gets boost, Trump comes out swinging

Chinese steel prices remained largely unchanged last week as the market there and in much of Asia wound down in preparation for the week-long Lunar New Year holiday. Turkish scrap prices meanwhile strengthened by $7/tonne throughout the …

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