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Kallanish Kallanish

Knowledge matters Knowledge matters

January, 23rd 2020

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Weekly Steel

Issue23-12 June 5, 2018

Kallanish Steel Weekly: Raw material prices remain under pressure

Raw material prices globally remained under pressure last week following the announcement by the US authorities to impose a 25% tariff on imports from Europe, Canada and Mexico. This has further confirmed that the near future of the market will be dominated by trade issues and increasing barriers.

The iron …

Issue22-18 May 29, 2018

Kallanish Steel Weekly: Capacity utilisation reaches record level, raw materials pressured

In April the global capacity utilisation rate at crude steel mills reached almost 77%. That represents a four-year high, thanks to continuing recovery in output driven by China and followed by the majority of the top steelmaking countries, according to the latest data from the World Steel Association (worldsteel). In …

Issue21-12 May 23, 2018

Kallanish Steel Weekly: Iron ore dives as trade discussions continue globally

Last week iron ore prices started to correct quite rapidly on the back of weaker sentiment in the Chinese finished steel market. The fall is currently continuing and could well have a quick impact on the market globally. This happened while some key trade discussions globally are continuing to cause …

Issue20-18 May 16, 2018

Kallanish Steel Weekly: US gambles with 232 fatigue

US President Donald Trump’s 232 pronouncements earlier this year continue to stir the global pot as individual companies and countries alike seek clarity.

In this edition, we will take a look at the difficulties facing exporters in the Chinese market. Some traders are considering short-selling their material to avoid slipping …