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Kallanish Kallanish

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August, 15th 2020

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Weekly Steel

Issue17-19 April 30, 2019

Kallanish Steel Weekly: Global steel prices fall year-on-year, iron ore rises by 50%

As May begins, Kallanish has decided to compare the current most important price indicators against prices registered in 2018. This is to understand how the market is developing in what is usually considered one of the strongest period for demand before the summer kicks in.

As expected, semis and finished …

Issue16-19 April 24, 2019

Kallanish Steel Weekly: worldsteel reviews global demand outlook

The World Steel Association (worldsteel) has released its April 2019 short-range outlook. The association says that global steel demand will reach 1.735 million tonnes in 2019, an increase of 1.3% over 2018. In 2020, demand is projected to grow by 1% to reach 1.752mt.

The new outlook confirms the expectation …

Issue15-19 April 16, 2019

Kallanish Steel Weekly: Iron ore price hits new 5-year record

A steady increase in Chinese steel prices at the end of last week pushed 62% Fe iron ore to its highest level in almost five years on Friday 12 April. A spurt in market optimism in China was supported by a large credit expansion in March, while import volumes also …

Issue14-19 April 9, 2019

Kallanish Steel Weekly: Worldsteel revises 2019 downward, China growth spurt expected

Global steelmakers’ association worldsteel expects to slightly reduce its growth forecast for steel demand for 2019 as market uncertainties continue. This was revealed by the association in a presentation during the latest meeting of the OECD Steel Committee in Paris last week.

In October 2018, worldsteel announced that 2019 steel demand …