Kallanish Steel Weekly
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 …
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 …
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 …
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 …
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