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Kallanish Kallanish

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July, 5th 2020

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Weekly Steel

Week 40 Oct. 3, 2017

Kallanish Steel Weekly: Raw material prices fall back to July levels

Raw material prices continued their downward trend last week, falling back to the levels registered in mid-July. The correction is putting pressure on finished steel markets across the globe, with some exceptions such as Europe and Latin America. According to Kallanish price series, iron ore lost more than -15% since …

Week 39 Sept. 26, 2017

Kallanish Steel Weekly: Scrap and iron ore fall rapidly

Last week raw material prices increase the pace of their fall as Chinese sentiment decreased and markets started to react quickly to the new negative trend.

Iron ore prices last week fell below $65/t CFR Qingdao for the first time since the beginning of July. Since September, the price has …

Week 38 Sept. 20, 2017

Kallanish Steel Weekly: Raw material prices begin to correct, but billets hold

Last week the first signs of weakness in iron ore and scrap prices became evident in the market, as benchmark indexes settled at lower levels compared with those seen the week before.

The price of HMS 1⁄2 scrap imported into Turkey lost some $5/tonne last week due to fresh deals …

Week 37 Sept. 12, 2017

Kallanish Steel Weekly: Electrode supply issues to further support scrap and semis

Scrap and billet prices remain at a peak level globally despite the fact iron ore stabilised at some $15/t below this year’s record registered in February.

One reason for such high price levels for scrap and billet is said to be the issue relating to prices and availability of graphite …