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Kallanish Kallanish

Knowledge matters Knowledge matters

August, 11th 2020

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Weekly Steel

Issue43-18 Oct. 30, 2018

Kallanish Steel Weekly: Scrap returns close to annual average

The global benchmark for scrap has continued to rise during the last two months, after registering a huge drop in mid-August. The Kallanish index for HMS 1/2 imported into Turkey returned last week at $335/t cfr, a level close to the annual 2018 average so far and over $30/t above …

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 …