Kallanish Steel Weekly
Last week iron ore prices started to correct quite rapidly on the back of weaker sentiment in the Chinese finished steel market. The fall is currently continuing and could well have a quick impact on the market globally. This happened while some key trade discussions globally are continuing to cause …
US President Donald Trump’s 232 pronouncements earlier this year continue to stir the global pot as individual companies and countries alike seek clarity.
In this edition, we will take a look at the difficulties facing exporters in the Chinese market. Some traders are considering short-selling their material to avoid slipping …
At the beginning of last week, US authorities announced the results of their latest negotiations regarding the new tariffs for the import of steel. Whilst confirming agreements with Argentina, Brazil and Australia for permanent exemption from the measures, they also said that negotiations with Canada, Mexico and the EU will …
The World Steel Association (worldsteel) says that global crude steel output from its 67 reporting countries was 148.3 million tonnes in March 2018, up 4% year-on-year. Capacity utilisation also rose on-year again during the month.
China produced 74mt in the month, an increase of 4.5% on March 2017 and just …
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