Issue 28, 2024 - This week's editorial: Chinese market sees more disappointment, Europe gets real

The Chinese economy has become adept at delivering disappointment in recent years. Expectations had been raised sky high after decades of economic boom, but the country’s economy is now rebalancing against the backdrop of geopolitical fragmentation, …

Issue 28, 2024 - This week's editorial: US eyes China tariff circumvention, EU safeguard puzzles

Big news can be hard to come by in the summer months, but Joe Biden delivered last week. The US President ordered that steel items imported from Mexico must be melted and poured in Mexico, Canada …

Issue 27, 2024 - This week's editorial: Global scrap prices firm

Indian demand for imported scrap remained sluggish last week, with no major bookings reported. Prices for EU/UK-origin shredded scrap stayed stable at $410-415/tonne, while West Africa-origin HMS 80:20 scrap held at $385-390/t cfr Nhava Sheva.

The onset of the monsoon …

Issue 26, 2024 - This week's editorial: Worldwide long steel consumption wanes. Prices decrease

Slow activity and a lacklustre market for long products are seen in Europe, Middle East, North Africa, Asia, and the US, resulting in occasionally declining prices. Rebar import prices continue to weaken in Singapore and Hong Kong, …