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Kallanish Steel Weekly: Worldsteel forecasts demand contraction, bright Asian outlook

Kallanish Steel Weekly: Worldsteel forecasts demand contraction, bright Asian outlook (Oct. 25, 2022)

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In this week's issue: Worldsteel forecasts demand contraction, bright Asian outlook

  • Page 3: Can the Chinese steel market receive support through new reforms?
  • Page 4: Will India continue to attract imported scrap sellers amid silent Turkish market?
  • Page 5: How much more can European HRC prices decline?
  • Page 6: Will scrap prices continue to weaken in the US during November?
  • Page 7: At what price will the next Turkish scrap booking take place?
  • Page 10: When will the global steel market see a stabilisation?

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HMS 1/2 Scrap / Taiwan CFR USD/t -1.0%
Rebar / China FOT Warehouse CNY/t 0.0%
HRC / China FOT Warehouse CNY/t 0.0%
HRC / China FOB USD/t 0.0%
SGX M58% Futures - two months forward 0.0%
SGX M58% Futures - one month forward 0.0%
SGX M58% Futures - current month 0.0%
SGX 65% Fe Futures - two months forward 0.0%
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SGX 65% Fe Futures - one month forward 0.0%
SGX 65% Fe Futures - current month 0.0%
SGX 62% Fe Futures - 2 month forward 0.0%
SGX 62% Fe Futures - 1 month forward 0.0%
SGX 62% Fe Futures - current month 0.0%
Billet / Tangshan Ex-Works CNY/t 0.0%
Rebar / Turkey FOB USD/t 0.0%
Shredded Scrap / Turkey / CFR USD/t 0.0%
HMS 1&2 80:20 / Turkey CFR USD/t 0.0%
KORE 58% Fe / Qingdao CFR USD/t -2.57%
KORE 65% Fe / Qingdao CFR USD/t -2.0%
KORE 62% Fe / Qingdao CFR USD/t -1.86%
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