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Kallanish Kallanish

Knowledge matters Knowledge matters

September, 28th 2021

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Kallanish Steel Weekly

38-21 Sept. 21, 2021

Kallanish Steel Weekly: 2022 could bring lower prices, new imbalance between supply and demand

The last few weeks have been characterised by a general slow-down of steel and raw material prices globally. Some areas, such as North America, continue to hold firm at very high levels, but most regions of the world saw prices correcting from the record levels registered earlier this year. Going …

37-21 Sept. 14, 2021

Kallanish Steel Weekly: Longs markets enter ‘new normal’ as supply catches demand

Supply has caught up with demand in the global long products market, with lead times shortening, although higher prices than at the beginning of the fourth quarter of 2020 will be the new normal, says the International Rebar Exporters and Producers Association (Irepas). Moreover, freight rates are still significantly elevated. …

36-21 Sept. 7, 2021

Kallanish Steel Weekly: Trade wars continue: India to impose retaliatory duties on EU products

India has proposed to impose an additional €292 million ($346m) worth of import duties on products coming from the EU. The proposed duties will be in retaliation against quota restrictions put in place by the EU on steel imports from India.

India has submitted the request to the World Trade …

35-21 Aug. 31, 2021

Kallanish Steel Weekly: North American coil prices hold firm despite global correction

Despite a relatively slow end to the summer holiday season, US sheet prices remain robust - and market sources don’t expect them to cool off in the summer. All over the world coil prices are trending downward, but the US market is currently not expected to be following this negative …