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Kallanish Steel Weekly

36-24 | Sept. 10, 2024

Issue 36, 2024 - This week's editorial: Poor car performance hurts global flats sales and prices

The third-quarter sale performance and prices of EU coils is suffering from the present slump in the European car industry. Italian passenger car production tumbled yet again in June and in the first half of the year, as noted …

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35-24 | Sept. 3, 2024

Issue 35, 2024 - This week's editorial: Chinese rebound elicits caution, thyssenkrupp descends into chaos

Meteorological summer came to an end last week but the steel market remained hot amid a tangible rebound in China, management chaos at one of Europe’s largest steelmakers and demand rebound anticipation in Europe following the conclusion …

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34-24 | Aug. 27, 2024

Issue 34, 2024 - This week's editorial: Far East, US HRC markets buck global inertia

Last week, China's hot-rolled coil fluctuated upward, benefiting from the improvement in overall sentiment. However, the tradable price in export markets did not increase significantly, and even fell slightly in some  markets. In Shanghai on Friday afternoon, 5.5x1,500mm Q235B …

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33-24 | Aug. 20, 2024

Issue 33, 2024 - This week's editorial: Tanking prices scare Chinese steelmakers, trade case explosion grows

Different week, same old story. Chinese prices continued to tank, prompting even Chinese steelmakers to warn of the severity of the situation, while the recent trend of snowballing trade cases showed no signs of letting up. …

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