Cookie & Privacy Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. View the privacy policy to find out more here.

Kallanish Kallanish

Knowledge matters Knowledge matters

September, 24th 2020

Free Trial Buy Subscription

Weekly Steel

Issue 6-19 Feb. 12, 2019

Kallanish Steel Weekly: Vale’s problems push iron ore to new record

The Brazilian miner Vale is still assessing the damage from the accident at the Brumadinho mine at the end of January. This has resulted in over 150 fatalities and has spurred a number of decisions by the Brazilian authorities which are impacting the miner’s production in the short and medium …

Issue 5-19 Feb. 5, 2019

Kallanish Steel Weekly: CIS billet market confirms raw material uncertainty

Last week the CIS billet market, often used as a means of understanding the global sentiment of the steel sector, confirmed the uncertainty among market operators. Raw material prices rose but steel demand remains sluggish globally.

CIS billet suppliers' offers have risen to $430-440/tonne fob Black Sea for March loading-ready …

Issue 4-19 Jan. 29, 2019

Kallanish Steel Weekly: Global crude steel jumps again, supported by China

The World Steel Association (worldsteel) says that global crude steel output was 1,808.6 million tonnes from its 64 reporting countries in 2018, up 4.6% year-on-year. Crude steel production increased in all regions in the year except in the European Union, which has seen a slight contraction, worldsteel says. 

Since 2010, …

Issue 3-19 Jan. 22, 2019

Kallanish Steel Weekly: Iron ore price nears 11-month high

Last week the seaborne iron ore price ended up above $75/t cfr Qingdao, marking a new high since November last year and approaching the most recent peak witnessed at the beginning of March 2018.

Supported by new sales, the Kallanish KORE 62% Fe index jumped $1.03/tonne on Friday, to $75.50/dry metric …