Issue 40, 2024 - This week's editorial: Global pricing receives China boost, European manufacturing woes continue

Steel prices firmed around the globe last week as China entered a week-long holiday following the issuance of its giant stimulus package the week before. Markets waited with bated breath for China’s return, uncertain if …

Issue 39, 2024 - This week's editorial: Huge China stimulus propels sentiment but doubts remain

Fasten your seatbelts because China is putting a rocket booster under its economy. Authorities in the world’s largest steel market announced wide-ranging stimulus measures in two steps in the space of days last week, propelling economic sentiment …

Issue 38, 2024 - This week's editorial: China receives limited US Fed boost, scrap prices seen bottoming

The US Federal Reserve’s long-expected interest rate cut provided a limited boost to Chinese steel prices last week, but two typhoons hampered activity in China’s eastern economic hubs and fundamentals remained weak. In Europe, amid …

Issue 37, 2024 - This week's editorial: Market questions China rebound, Europe aims to revive competitiveness

The Chinese market enigma continues. Prices in the world’s largest producer and consumer rebounded across the board last week, but market participants strongly doubt this trend’s sustainability. Meanwhile, Italian rebar producers attempted price hikes for the …