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Elina Virchenko

Elina is a steel industry professional with over 20 years of experience in various roles, including commercial and editorial positions. She joined Kallanish in March 2023 as a market reporter, covering the flat steel market in Turkey and exports of ferrous metallics, steel semis, and flat steel from CIS. Prior to joining Kallanish, Elina worked for industry publications like Fastmarkets and Metal Expert and held commercial positions in Ukraine and UAE. With sharp price-hunting skills, Elina is determined to uncover the latest prices and trends  in the steel industry!

7Mar

Russian billet export market pauses

Russian billet trading activity remained subdued as Turkish customers insisted on further discounts, referring to falling …

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7Mar

Weak demand constrains HRC trade in Turkey

The Turkish market for hot rolled coil has continued to struggle, with weak demand both domestically …

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7Mar

Metalloinvest posts $990m profit, eyes ‘crisis period’ resilience

Russian mining and steelmaking company Metalloinvest reported net profit of about RUB 89.98 billion ($990 million) …

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5Mar

Russian billet exporters evaluate bids amid falling scrap

As Turkish scrap import prices keep falling, foreign customers have been refraining from bidding for Russian …

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1Mar

Russian slab anticipates decrease amid weak flats markets

Market participants note unchanged slab price levels from Russian mills, anticipating significant price reductions are needed …

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1Mar

Turkish HRC continues to suffer from weak demand

The Turkish hot rolled coil market continued to grapple with subdued domestic and export demand, exacerbated …

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1Mar

Russian billet suppliers try to hold firm
Russian billet suppliers try to hold firm

Russian billet suppliers are resisting accepting low bids, pointing to their limited billet export allocation amid …

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28Feb

Mechel met coal sales plummet, PCI surges

In 2023, global coal prices averaged significantly lower compared to 2022, yet remained acceptable for Mechel,  …

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28Feb

Russian iron producers avoid offering amid falling scrap

Significant pressure stemming from falling imported scrap prices in Turkey, and expectations of a $15-50/tonne reduction …

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27Feb

EAF plate supports EU steel decarbonisation: Industeel’s Gingell

ArcelorMittal subsidiary Industeel says it produces heavy plate under the XCarb recycled and renewably produced brand …

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