Kallanish Steel Weekly
Issue 44, 2024 - This week's editorial: Market awaits US, China clarity; US HRC hikes
Market sentiment was more or less upbeat last week amid expectations for positive economic stimulus announcement from this week’s China NPC Standing Committee session. Following the recent experiences of Chinese government meetings disappointing expectations, however, buyers …
Issue 43, 2024 - This week's editorial: Market braces for next China meeting, scrap firmly down
Hold on to your hats, folks! Another Chinese government meeting is coming up fast and raising market expectations yet again for stimulus announcement. The National People's Congress Standing Committee (NPCSC) was rescheduled till 4-8 November, …
Issue 42, 2024 - This week's editorial: China government meeting disappoints again, EU sees pricing hope
The Chinese stimulus bubble continued to deflate last week as yet another government meeting on real estate policy disappointed market expectations. Chinese hot rolled coil export prices started to retreat, but most buyers remained on …
Issue 41, 2024 - This week's editorial: Markets wait out China frenzy, Turkey restricts HRC imports
The frenzy over China’s economic stimulus measures announced in late September petered out last week, with markets balking at China’s drastically increased steel export prices. Case in point, Vietnamese HRC buyers. Observers remained unsure whether …
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.
Anonymous
Very good overview of the weekly steel market.
Anonymous