Issue 46, 2024 - This week's editorial: Asian markets come off, Europe rises despite economic despair

Global steel markets drifted last week as participants digested the repercussions of the post-election shift in US policy and hoped for more stimulus news from China following the recent disappointing announcements. Asian prices came down …

Issue 45, 2024 - This week's editorial: Trump victory, China debt package evoke muted market reaction

The week everyone had been waiting for finally came and then went again, without improving prospects for most market players… unless you are a US steelmaker or oil & gas company that is. Donald Trump’s …

Issue 44, 2024 - This week's editorial: Market awaits US, China clarity; US HRC hikes

Market sentiment was more or less upbeat last week amid expectations for positive economic stimulus announcement from this week’s China NPC Standing Committee session. Following the recent experiences of Chinese government meetings disappointing expectations, however, buyers …

Issue 43, 2024 - This week's editorial: Market braces for next China meeting, scrap firmly down

Hold on to your hats, folks! Another Chinese government meeting is coming up fast and raising market expectations yet again for stimulus announcement. The National People's Congress Standing Committee (NPCSC) was rescheduled till 4-8 November, …