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Kallanish Kallanish

Knowledge matters Knowledge matters

July, 5th 2020

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Weekly Steel

Issue10-18 March 6, 2018

Kallanish Steel Weekly: Section 232 chaos starts as market continues strong

The proposal by President Trump to slap a 25% tariff on all steel products imported in the US by all countries has raised concerns in an otherwise strong global steel market. It is too soon to understand the actual impact of such a proposal on the global markets. it is …

Issue 9-18 Feb. 27, 2018

Kallanish Steel Weekly: US 232 move holds market hostage

The global market is collectively holding its breath while US President Donald Trump carefully and calmly considers his response to the US Department of Commerce’s 232 investigation. The department’s preliminary recommendation was either a blanket tariff of 24% on every country and every product, a 53% tariff on 12 countries …

Issue 8-12 Feb. 20, 2018

Kallanish Steel Weekly: Global steel markets ponder new trade war

Last week the main global steel market, China, entered its annual holiday period to celebrate the beginning of the Year of the Dog. While this has brought some calm to the international raw materials and finished steel markets, much of the discussion during recent days has focused on new developments …

Issue 7-18 Feb. 13, 2018

Kallanish Steel Weekly: Raw material prices rise again

Last week raw material prices gave a clear sign that the global market remains in good shape, as both iron ore in China and scrap values in Turkey moved upwards. Iron ore began the week at slightly above $75/tonne cfr Qingdao only to move up to over $76/t cfr Qingdao …