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Kallanish Kallanish

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July, 5th 2020

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Weekly Steel

Issue18-18 May 2, 2018

Kallanish Steel Weekly: Global crude steel output continues to rise

The World Steel Association (worldsteel) says that global crude steel output from its 67 reporting countries was 148.3 million tonnes in March 2018, up 4% year-on-year. Capacity utilisation also rose on-year again during the month.

China produced 74mt in the month, an increase of 4.5% on March 2017 and just …

Issue17-18 April 24, 2018

Kallanish Steel Weekly: Steel demand continues its broad recovery despite China

The World Steel Association (worldsteel) has released its April 2018 short range outlook (SRO) forecasting that global steel demand will reach 1,616.1 million tonnes in 2018, an increase of 1.8% on 2017. In 2019, it is forecasted that global steel demand will grow by 0.7% to reach 1,626.7mt.

Steel demand …

Issue16-18 April 17, 2018

Kallanish Steel Weekly: Geopolitical developments increase market uncertainty

Steel market uncertainty has continued to increase globally over the past seven days as geopolitical issues are raising further concerns in strategic geographic areas such as Turkey, Russia and China.


Last week the US, supported by some of its allies, began a military operation in Syria, accelerating further the …

Issue15-18 April 10, 2018

Kallanish Steel Weekly: Raw material prices seem to have peaked for 2018

The correction of global iron ore, scrap and billet prices continued last week, as the market’s fundamentals remain weaker than at the beginning of this year. While the price reductions could slow down going into Q2, it is likely that the peak levels for 2018 have already been reached in …