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Kallanish Kallanish

Knowledge matters Knowledge matters

January, 19th 2020

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Weekly Steel

Issue50-18 Dec. 18, 2018

Kallanish Steel Weekly: Scrap prices hit new low for 2018

Last week Turkish scrap continued to remain under pressure. Mills in the country continue to face slow demand both domestically and in the export markets, forcing them to consider production stoppages in the coming weeks and months.

As purchases of scrap remained absent, the Kallanish index for HMS 1/2 80:20 …

Issue49-18 Dec. 11, 2018

Kallanish Steel Weekly: Turkish scrap keeps falling impacting global sentiment

The Turkish imported price continued to fall last week as local mills prepare to reduce their output during the winter on the back of little demand in the export markets as well as domestically.

Last week the Kallanish index registered a new decrease of some $10-15/t for Turkish scrap, returning …

Issue48-18 Dec. 4, 2018

KSW: CIS billet prices remain under pressure, confirm negative trend for global steel

Last week, as expected, the global market focused on understanding the effects of the slump in seaborne iron ore prices registered on 26 November. All steel prices internationally have suffered as a consequence, but the latest reduction in CIS billet prices confirms that the year is coming to an end …

Issue47-18 Nov. 27, 2018

Kallanish Steel Weekly: Global crude steel output continues to rise

The World Steel Association (worldsteel) says that global crude steel output from its 64 reporting countries was 156.6 million tonnes in October 2018, up 5.8% year-on-year.

Overall during the first ten months of the year crude steel production increased some 4.7% y-o-y; by the end of the year this level …