Kallanish Steel Weekly
The merchant pig iron market continues to wane in the wake of the considerable activity of the last two months, with a slight divergence of direction noted in the main markets. The US import market was relatively quiet, with the exception of a couple of negotiations, which have not yielded sales. …
Following last year’s 2.3% slump, growth in global steel demand is expected to be limited to only 1% in 2023, the OECD Steel Committee concluded last week. There is growing concern over the disconnect between the rapid build-up of new steelmaking capacity in some economies and market expectations of steel …
Australian fob coking coal prices slipped last week as buyers retreated to the sidelines. Kallanish assessed premium hard coking coal at $365.04/tonne fob Australia, dropping $2.04/t from $367.08/t the previous week.
» Login to read this report or sign up for a trial
Sentiment in the US domestic scrap market over March trading continues to improve amid sharp price rises seen in Turkey, the largest export destination. A US supplier explains: “Besides the Turkey factor, supply shortages and increasing steel prices are also supporting further rises during March trading.”
» Login to read this report …
More Global Prices
Take a Free trial
Get daily steel news redirect to your inbox each day,
along with prices.
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.
Very good overview of the weekly steel market.