Kallanish Steel Weekly
The World Steel Association (worldsteel) has released its April 2019 short-range outlook. The association says that global steel demand will reach 1.735 million tonnes in 2019, an increase of 1.3% over 2018. In 2020, demand is projected to grow by 1% to reach 1.752mt.
The new outlook confirms the expectation …
A steady increase in Chinese steel prices at the end of last week pushed 62% Fe iron ore to its highest level in almost five years on Friday 12 April. A spurt in market optimism in China was supported by a large credit expansion in March, while import volumes also …
Global steelmakers’ association worldsteel expects to slightly reduce its growth forecast for steel demand for 2019 as market uncertainties continue. This was revealed by the association in a presentation during the latest meeting of the OECD Steel Committee in Paris last week.
In October 2018, worldsteel announced that 2019 steel demand …
The Organisation for Economic Co-operation and Development steel committee has produced a generally downbeat outlook for the global steel sector following its 86th session on 25-26 March. In a chair’s statement issued following the meeting, vice chairman Jai Motwane said that the outlook for steel markets faces considerable downside risks. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous