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Kallanish Kallanish

Knowledge matters Knowledge matters

December, 8th 2019

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Weekly Steel

Issue33-18 21 Aug 2018

Kallanish Steel Weekly: Global markets continue to evaluate effects of Turkish crisis

August is usually a relatively calm month for the global steel markets as most of the main producer countries take an annual summer break. This year, nevertheless, the announcement by the US authorities of the decision to double the import tariffs for steel and aluminium for Turkish products forced many ...

Issue32-18 07 Aug 2018

Kallanish Steel Weekly: Billet prices drift despite stable iron ore

CIS billet prices remained stable last week, but the market continues to be described by traders as “... drifting.” Since the end of July Black Sea export prices for billet have stabilised at $500/tonne fob, close to the annual lower-end reached in late January this year.

Historically billet prices are ...

Issue31-18 31 Jul 2018

Kallanish Steel Weekly: Iron ore/scrap differential drops, raw materials diverge

As anticipated, last week iron ore firmed further while scrap reached the lowest point registered so far in 2018. The diverging trends of the two raw materials has reduced the differential, this having been at record levels for most of the current year.

Iron ore once again rose above the ...

Issue30-18 24 Jul 2018

Kallanish Steel Weekly: Raw materials remain stable week-on-week

Last week the global raw materials market remained stable as the relative quietness of August approaches and views on the market regarding the developments of prices in the next weeks are mixed. Iron ore closed last week at slightly below $64/t CFR Qingdao having continued to be range-bound at ...