Kallanish Steel Weekly
Demand for merchant pig iron continues to accelerate in all traditional buying regions. China's appetite has encouraged the US and Italy to start booking new volumes, and traders to restock in the past week. The resulting activity has lifted prices up, with producers raising offers.
During the first half of …
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 …
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. …
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 …
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous