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Kallanish Kallanish

Knowledge matters Knowledge matters

January, 23rd 2020

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Weekly Steel

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 …

Issue46-18 Nov. 20, 2018

Kallanish Steel Weekly: Global rebar values suffer as Chinese prices crash

Global rebar markets have continued to be under pressure in recent weeks as Chinese domestic prices have seen a strong downward trend, after a long period of healthy performance.

During the last two weeks, Chinese domestic rebar prices have lost over $40/tonne according to the Kallanish index, putting increasing pressure …

Issue45-18 Nov. 13, 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 beginning …

Issue44-18 Nov. 6, 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 …