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Kallanish Steel Weekly

21 | May 26, 2020

The World Steel Association (worldsteel) says that global crude steel output from its 64 reporting countries dipped year-on-year in April 2020 to 137.1 million tonnes, down by - 13.0% y-o-y.

Although some figures could be revised, these preliminary calculation indicates that the deceleration in output increased in April. During March …

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20 | May 19, 2020

Last week, iron ore prices returned to levels not seen since before the coronavirus was officially declared a public health emergency of international concern (PHEIC) by the World Health Organisation (WHO).

According to Kallanish indexes, the KORE 62% Fe index gained $1.81/tonne to $91.86/ dry metric ton cfr Qingdao on …

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19 | May 12, 2020

Global steelmakers have been publishing their first-quarter results, highlighting the challenges faced due to the coronavirus outbreak, first in China and then globally. Many of the Western economies are now trying to ease lockdowns. It is time therefore to understand just how much Q2 will be impacted by the emergency …

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18 | May 5, 2020

Last week iron ore prices in China drifted slightly, though remaining at a relative firm level despite the uncertainties created by the coronavirus outbreak.

Ahead of the Chinese holidays for Labour Day, prices for KORE 62% Fe stood at slightly above $82/tonne cfr Qingdao. The KORE 65% Fe index, meanwhile, …

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