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Kallanish Steel Weekly

47-24 | Nov. 26, 2024

Issue 47, 2024 - This week's editorial: Europe M&A punctures gloom, Chinese prices tick up

Last week confirmed that Europe is a bottomless pit of negative news, but there were also positive M&A developments. ArcelorMittal was said to be considering closing two service centres in France, while Ford became the latest …

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46-24 | Nov. 19, 2024

Issue 46, 2024 - This week's editorial: Asian markets come off, Europe rises despite economic despair

Global steel markets drifted last week as participants digested the repercussions of the post-election shift in US policy and hoped for more stimulus news from China following the recent disappointing announcements. Asian prices came down …

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45-24 | Nov. 12, 2024

Issue 45, 2024 - This week's editorial: Trump victory, China debt package evoke muted market reaction

The week everyone had been waiting for finally came and then went again, without improving prospects for most market players… unless you are a US steelmaker or oil & gas company that is. Donald Trump’s …

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44-24 | Nov. 5, 2024

Issue 44, 2024 - This week's editorial: Market awaits US, China clarity; US HRC hikes

Market sentiment was more or less upbeat last week amid expectations for positive economic stimulus announcement from this week’s China NPC Standing Committee session. Following the recent experiences of Chinese government meetings disappointing expectations, however, buyers …

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