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Kallanish Kallanish

Knowledge matters Knowledge matters

July, 13th 2020

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Weekly Steel

Issue 1-19 Jan. 8, 2019

Kallanish Weekly Steel: Iron ore starts 2019 strong, scrap remains under pressure

Iron ore prices have finished 2018 and started 2019 with strong momentum, following the steep correction registered in November. Since the beginning of December the Kallanish KORE 62% Fe index recovered almost $10/tonne, returning firmly above $73/t cfr Qingdao during the first days of the new year.

The positive momentum …

Issue50-18 Dec. 18, 2018

Kallanish Steel Weekly: Scrap prices hit new low for 2018

Last week Turkish scrap continued to remain under pressure. Mills in the country continue to face slow demand both domestically and in the export markets, forcing them to consider production stoppages in the coming weeks and months.

As purchases of scrap remained absent, the Kallanish index for HMS 1/2 80:20 …

Issue49-18 Dec. 11, 2018

Kallanish Steel Weekly: Turkish scrap keeps falling impacting global sentiment

The Turkish imported price continued to fall last week as local mills prepare to reduce their output during the winter on the back of little demand in the export markets as well as domestically.

Last week the Kallanish index registered a new decrease of some $10-15/t for Turkish scrap, returning …

Issue48-18 Dec. 4, 2018

KSW: CIS billet prices remain under pressure, confirm negative trend for global steel

Last week, as expected, the global market focused on understanding the effects of the slump in seaborne iron ore prices registered on 26 November. All steel prices internationally have suffered as a consequence, but the latest reduction in CIS billet prices confirms that the year is coming to an end …