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Kallanish Steel Weekly

Week 39 | Sept. 26, 2017

Last week raw material prices increase the pace of their fall as Chinese sentiment decreased and markets started to react quickly to the new negative trend.

Iron ore prices last week fell below $65/t CFR Qingdao for the first time since the beginning of July. Since September, the price has …

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Week 38 | Sept. 20, 2017

Last week the first signs of weakness in iron ore and scrap prices became evident in the market, as benchmark indexes settled at lower levels compared with those seen the week before.

The price of HMS 1⁄2 scrap imported into Turkey lost some $5/tonne last week due to fresh deals …

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Week 37 | Sept. 12, 2017

Scrap and billet prices remain at a peak level globally despite the fact iron ore stabilised at some $15/t below this year’s record registered in February.

One reason for such high price levels for scrap and billet is said to be the issue relating to prices and availability of graphite …

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Week 36 | Sept. 5, 2017

Semi-finished products prices continued to remain firm last week, having reached their annual peak supported by strong scrap and iron ore prices.

According to Kallanish, billet stabilised at some $500-510/t FOB Black Sea since mid-August, as the high scrap levels pushed Turkish mills to increasingly order billets as a substitute …

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