Kallanish Steel Weekly
Australian fob coking coal slipped during the week ending 14 July, despite increased buying interest.
Kallanish assessed premium hard coking coal at $232.91/tonne fob Australia, down $4.17/t from $237.08/t fob the previous week.
On the Singapore Exchange, Premium Coking Coal Futures for August settled at $233.75/t fob on Friday, up …
Prices for Russia-origin slab remained stable on-week, with only a small risk seen of values declining over summer despite the traditional seasonal lull.
Some mills tried to increase offers but interest from customers was subdued. Demand is seen rebounding in September at the earliest, when all market participants return from …
It is a fallacy that the world’s steel industry will run out of ferrous scrap feedstocks in the transition to electric arc furnaces, according to the top executive at Steel Dynamics.
Speaking at the Global Steel Dynamics Forum in New York on 27 June, Steel Dynamics chairman and ceo Mark …
The global steel production decline deepened in May to 5.1% on-year, giving 161,594 tonnes, with only India, the Middle East and Africa registering significant growth, according to worldsteel data.
Chinese output dropped 7.3% to 90.1mt, while Japan and South Korea saw production fall 5% and 0.1% respectively to 7.65mt and …
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