Issue 05, 2025 - This week's editorial: US tariff ping-pong bamboozles market, India digests new budget

Much of Asian trading was put on pause last week as China along with multiple other countries celebrated the Lunar New Year. However, Donald Trump following through on his tariff promise and India announcing its 2026 …

Issue 04, 2025 - This week's editorial: Turkish scrap gets boost, Trump comes out swinging

Chinese steel prices remained largely unchanged last week as the market there and in much of Asia wound down in preparation for the week-long Lunar New Year holiday. Turkish scrap prices meanwhile strengthened by $7/tonne throughout the …

Issue 03, 2025 - This week's editorial: Global markets eye Trump's return, Asia slows as Chinese New Year approaches

Price rises and limited market restocking for flat and long products are taking place in China before the Chinese New Year holiday begins. Last week, hot rolled coils values strengthened somewhat while the …

Issue 02, 2025 - This week's editorial: Sluggish demand depresses Asian prices, EU safeguard review heats up

Iron ore and coking coal prices fell last week to their lowest levels since September, as did Chinese hot rolled coil, amid softening demand expectations in China as economic uncertainty persisted. Trading remained slow globally …