Issue 41, 2024 - This week's editorial: Markets wait out China frenzy, Turkey restricts HRC imports

The frenzy over China’s economic stimulus measures announced in late September petered out last week, with markets balking at China’s drastically increased steel export prices. Case in point, Vietnamese HRC buyers. Observers remained unsure whether …

Issue 40, 2024 - This week's editorial: Global pricing receives China boost, European manufacturing woes continue

Steel prices firmed around the globe last week as China entered a week-long holiday following the issuance of its giant stimulus package the week before. Markets waited with bated breath for China’s return, uncertain if …

Issue 39, 2024 - This week's editorial: Huge China stimulus propels sentiment but doubts remain

Fasten your seatbelts because China is putting a rocket booster under its economy. Authorities in the world’s largest steel market announced wide-ranging stimulus measures in two steps in the space of days last week, propelling economic sentiment …

Issue 38, 2024 - This week's editorial: China receives limited US Fed boost, scrap prices seen bottoming

The US Federal Reserve’s long-expected interest rate cut provided a limited boost to Chinese steel prices last week, but two typhoons hampered activity in China’s eastern economic hubs and fundamentals remained weak. In Europe, amid …