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Kallanish Kallanish

Knowledge matters Knowledge matters

September, 27th 2020

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Weekly Steel

Issue26-19 July 2, 2019

Kallanish Steel Weekly: Brexit remains major concern for UK steel industry

The UK steel sector is facing ever greater uncertainty as a result of Brexit, according to various speakers at the Kallanish Europe Steel Markets 2019 in Amsterdam last week. Although this is unlikely to be resolved in the near future, the sector could also have an enormous opportunity, however, if it is …

Issue25-19 June 25, 2019

Kallanish Steel Weekly: Global prices for flat products continue to erode

The market for flat products has been suffering from increasing pressure since the second part of last year, as prices have started to trend down globally due to a slowdown in demand. This has happened, nevertheless, as input costs (particularly iron ore prices) have continued to remain elevated, severely impacting …

Issue24-19 June 18, 2019

Kallanish Steel Weekly: Iron ore hits price hits new recent-high

Last week the iron ore index published daily by Kallanish reached a new five-year record due to continued market concerns about tight supply of the seaborne product. On Thursday, KORE 62% Fe index  reached $108.23/dry metric ton cfr Qingdao, surging almost $10/tonne over four days.

This was the highest level …

Issue23-19 June 11, 2019

Kallanish Steel Weekly: Slowing production/consumption growth and costly coal seen hampering Indian

Indian steelmakers’ performance is likely to be hampered in the first fiscal quarter through June by slowing domestic steel consumption growth and elevated coking coal prices, according to Indian credit rating agency ICRA.

India is the second-largest crude steel producing country in the world. During the first four months of …