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Kallanish Kallanish

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July, 5th 2020

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Weekly Steel

22 June 2, 2020

Kallanish Steel Weekly: Coronavirus exacerbates further steel trade battles

The coronavirus emergency and the consequent fall in both production and demand of steel globally has fuelled a new wave of trade disputes. The market has been facing increasing limitations to global trade for many years now, but during the last month this trend has accelerated again. Many countries have …

21 May 26, 2020

Kallanish Steel Weekly: April crude steel output fall accelerates despite Chinese recovery

The World Steel Association (worldsteel) says that global crude steel output from its 64 reporting countries dipped year-on-year in April 2020 to 137.1 million tonnes, down by - 13.0% y-o-y.

Although some figures could be revised, these preliminary calculation indicates that the deceleration in output increased in April. During March …

20 May 19, 2020

Kallanish Steel Weekly: Iron ore prices return to pre- coronavirus levels

Last week, iron ore prices returned to levels not seen since before the coronavirus was officially declared a public health emergency of international concern (PHEIC) by the World Health Organisation (WHO).

According to Kallanish indexes, the KORE 62% Fe index gained $1.81/tonne to $91.86/ dry metric ton cfr Qingdao on …

19 May 12, 2020

Kallanish Steel Weekly: What will the second quarter be like for steel demand?

Global steelmakers have been publishing their first-quarter results, highlighting the challenges faced due to the coronavirus outbreak, first in China and then globally. Many of the Western economies are now trying to ease lockdowns. It is time therefore to understand just how much Q2 will be impacted by the emergency …