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Kallanish Kallanish

Knowledge matters Knowledge matters

November, 17th 2018

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Weekly Steel

Issue45-18 13 Nov 2018

Kallanish Steel Weekly: Iron ore price approaches record annual levels

The global iron ore price has continued to perform strongly during the last several weeks, despite the weakness in Chinese finished steel prices. Last week the international benchmark for the market, the cfr China 62% Fe price, surpassed $76/tonne cfr Qingdao according to Kallanish, reaching the highest level since ...

Issue44-18 06 Nov 2018

Kallanish Steel Weekly: WTO trade barrier disputes increase

During recent weeks the number of disputes within the World Trade Organization against the US tariffs impacting steel trade have grown, with Europe and Russia being especially active.

On 18 October the European Union authorities filed a request to the WTO and its dispute settlement body to establish a panel ...

Issue43-18 30 Oct 2018

Kallanish Steel Weekly: Scrap returns close to annual average

The global benchmark for scrap has continued to rise during the last two months, after registering a huge drop in mid-August. The Kallanish index for HMS 1/2 imported into Turkey returned last week at $335/t cfr, a level close to the annual 2018 average so far and over ...

Issue42-18 23 Oct 2018

Kallanish Steel Weekly: Negative price trend continues for global HRC

The negative trend for global hot-rolled coil prices first witnessed during the summer is continuing, despite the recent pick-up in raw material values, especially that for iron ore.

Last week the Black Sea HRC price fell further to reach the lowest level since November last year. In March this year ...