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 …

Issue 04, 2024 - This week's editorial: Turkish scrap prices find bottom after recent downturn

Scrap prices in Turkey have continued to soften on fresh deals concluded after the week ending 19 January.

Two deep-sea scrap bookings from 19 January were heard in the market. A Benelux supplier sold HMS 1&2 …

Issue 03, 2024 - Indian HRC domestic demand slows and mills look again at export markets

India’s domestic demand for hot and cold rolled coil is expected to soften due to the upcoming general election, meaning mills are looking to export their excess production.

Domestic demand is sluggish, traders say. …