Kallanish Steel Weekly
The Turkish imported price continued to fall last week as local mills prepare to reduce their output during the winter on the back of little demand in the export markets as well as domestically.
Last week the Kallanish index registered a new decrease of some $10-15/t for Turkish scrap, returning …
Last week, as expected, the global market focused on understanding the effects of the slump in seaborne iron ore prices registered on 26 November. All steel prices internationally have suffered as a consequence, but the latest reduction in CIS billet prices confirms that the year is coming to an end …
The World Steel Association (worldsteel) says that global crude steel output from its 64 reporting countries was 156.6 million tonnes in October 2018, up 5.8% year-on-year.
Overall during the first ten months of the year crude steel production increased some 4.7% y-o-y; by the end of the year this level …
Global rebar markets have continued to be under pressure in recent weeks as Chinese domestic prices have seen a strong downward trend, after a long period of healthy performance.
During the last two weeks, Chinese domestic rebar prices have lost over $40/tonne according to the Kallanish index, putting increasing pressure …
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