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Kallanish Steel Weekly

Week 47 | Nov. 21, 2017

Last week, all eyes in the global steel markets were pointed at China, where the announced measures to restrict output during the winter season have begun to be implemented. The local authorities have decided to put restrictions on output by certain mills in order to control pollution levels during the …

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Week 46 | Nov. 14, 2017

Sentiment within global iron and steel remains generally firm as markets turn their attention towards the next quarter and the coming year.

With myriad signals and economic indicators being generated almost as prolifically as its steel, the mood in China’s domestic iron and steel market remains solid. And as we …

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45 | Nov. 7, 2017

Last week the iron ore price reached its lowest point since the end of June, falling below $60/tonne cfr Qingdao and getting closer to 2017’s low of $53.49/t cfr Qingdao registered in mid-June. The latest correction came after the price had been ranging at $60-65/t cfr since the end of …

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Week 44 | Oct. 31, 2017

Last week the global indicators for ferrous raw material prices remained fairly stable in their range, continuing the trend initiated 10 October.

Scrap prices in Turkey remained stable again at $300-310/t CFR Turkey for HMS 1/2 (80:20). This is some $50/t below this year’s peak back during the summer, but …

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