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Kallanish Steel Weekly

27-23 | July 11, 2023

Prices for Russia-origin slab remained stable on-week, with only a small risk seen of values declining over summer despite the traditional seasonal lull.

Some mills tried to increase offers but interest from customers was subdued. Demand is seen rebounding in September at the earliest, when all market participants return from …

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26-23 | July 4, 2023

It is a fallacy that the world’s steel industry will run out of ferrous scrap feedstocks in the transition to electric arc furnaces, according to the top executive at Steel Dynamics.

Speaking at the Global Steel Dynamics Forum in New York on 27 June, Steel Dynamics chairman and ceo Mark …

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25-23 | June 27, 2023

The global steel production decline deepened in May to 5.1% on-year, giving 161,594 tonnes, with only India, the Middle East and Africa registering significant growth, according to worldsteel data.

Chinese output dropped 7.3% to 90.1mt, while Japan and South Korea saw production fall 5% and 0.1% respectively to 7.65mt and …

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24-23 | June 20, 2023

Australian fob coking coal prices rose marginally during the week ended 16 June due to improved steel prices.

Kallanish assessed premium hard coking coal at $230.98/tonne fob Australia, up $3.22/t from $227.76/t fob the previous week.

On the Singapore Exchange, Premium Coking Coal Futures for July settled at $227/t fob …

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