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Kallanish Kallanish

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July, 4th 2020

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Weekly Steel

Issue42-18 Oct. 23, 2018

Kallanish Steel Weekly: Negative price trend continues for global HRC

The negative trend for global hot-rolled coil prices first witnessed during the summer is continuing, despite the recent pick-up in raw material values, especially that for iron ore.

Last week the Black Sea HRC price fell further to reach the lowest level since November last year. In March this year …

Issue41-18 Oct. 16, 2018

Kallanish Steel Weekly: Iron ore, scrap, semis’ trends diverge

Last week the pricing trend of scrap in Turkey, iron ore in China and semis in the Black Sea diverged significantly.

Iron ore surpassed the level of $70/tonne cfr Qingdao for the first time since March this year. The recovery was supported mainly by firm sentiment in finished steel prices …

Issue40 Oct. 9, 2018

Kallanish Steel Weekly: Raw materials remain up year- on-year despite uncertainties

Recent months have been characterised by a number of uncertainties for the steel sector. The Turkish crisis that exploded during the summer brought a slump in scrap prices and many concerns for the global steel industry. In addition, recent evaluation of the upcoming restrictions for winter steel output in China …

Issue39-18 Oct. 2, 2018

Kallanish Steel Weekly: Can China's winter restrictions support the global market?

The last two weeks of September saw a clear ebb in sentiment in Chinese steel markets as uncertainty over winter restrictions turned in to expectation that they would not be as strict as hoped for. How much production will actually be cut, and how this compares to last year and …