Issue 19, 2025 - This week's editorial: Chinese export surge persists; Turkey, US pricing deviates

The announcement of a better-than-expected US-China trade deal on Monday has boosted global market sentiment this week, but the situation last week was not so rosy. Despite record-high Chinese steel exports already pressuring markets worldwide …

Issue 18, 2025 - This week's editorial: Turkish scrap rebounds, China production cuts gather momentum

Turkish scrap prices rebounded last week as foreign suppliers raised offers after Turkish mills concluded sizeable rebar export bookings, although domestic demand remained sluggish. Indian scrap import bookings also picked up. Chinese steel prices remained broadly …

Issue 17, 2025 - This week's editorial: Chinese prices rise despite Politburo disappointment, India confirms safeguard

Another Chinese government meeting, more disappointment. Iron ore dropped down on Friday back to its week-beginning starting point just above $99/tonne after the Politburo meeting in Beijing ended without market stimulus - not that …

Issue 16, 2025 - This week's editorial: Turkish scrap hits almost 3-year low, US HRC uptrend reverses

Turkish scrap prices plummeted over $25/tonne last week amid weakened sentiment after interest rate hikes, while Chinese hot rolled coil prices fell to a seven-month low as Donald Trump indicated he would raise tariffs …