Kallanish Steel Weekly
Issue 08, 2024 - This week's editorial: Black Sea billet prices under pressure, scrap looks down
China's weakening pricing situation after the Lunar New Year, combined with March-production availability from Russian producers amid stagnant activity in foreign markets, is exerting pressure on Russian billet prices.
At the same time, the cost …
Issue 07, 2024 - This week's editorial: Analysts maintain 2024 iron ore forecast stability, confirm long- term downtrend
BMI Research has maintained its 2024 iron ore price forecast at an annual average of $120/ tonne, as price resilience continues from positive sentiment over Chinese stimulus hopes.According to Kallanish price series, the …
Issue 06, 2024 - This week's editorial: Tight supply set to support scrap prices despite weak steel demand in H1 2024
Panelists at last week’s Kallanish steel scrap 2024 conference in Istanbul agreed that scrap prices would remain stable in the first half of 2024 due to the unfavourable economic fundamentals …
Issue 05, 2024 - This week's editorial: Pig iron prices stable, as sentiment leans toward downturns
Russia is reported to be facing challenges in transporting pig iron cargos to Black Sea and Far Eastern ports. At the same time, “there is no lack of Russian pig iron on offer,” a trader …
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