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Kallanish Kallanish

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July, 6th 2020

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Weekly Steel

Issue22-18 May 29, 2018

Kallanish Steel Weekly: Capacity utilisation reaches record level, raw materials pressured

In April the global capacity utilisation rate at crude steel mills reached almost 77%. That represents a four-year high, thanks to continuing recovery in output driven by China and followed by the majority of the top steelmaking countries, according to the latest data from the World Steel Association (worldsteel). In …

Issue21-12 May 23, 2018

Kallanish Steel Weekly: Iron ore dives as trade discussions continue globally

Last week iron ore prices started to correct quite rapidly on the back of weaker sentiment in the Chinese finished steel market. The fall is currently continuing and could well have a quick impact on the market globally. This happened while some key trade discussions globally are continuing to cause …

Issue20-18 May 16, 2018

Kallanish Steel Weekly: US gambles with 232 fatigue

US President Donald Trump’s 232 pronouncements earlier this year continue to stir the global pot as individual companies and countries alike seek clarity.

In this edition, we will take a look at the difficulties facing exporters in the Chinese market. Some traders are considering short-selling their material to avoid slipping …

Issue19-18 May 9, 2018

Kallanish Steel Weekly: Trade heats up: China responds to the US

At the beginning of last week, US authorities announced the results of their latest negotiations regarding the new tariffs for the import of steel. Whilst confirming agreements with Argentina, Brazil and Australia for permanent exemption from the measures, they also said that negotiations with Canada, Mexico and the EU will …