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Kallanish Kallanish

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September, 25th 2020

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Weekly Steel

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 …

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 …