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Kallanish Kallanish

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December, 8th 2019

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Weekly Steel

Week 43 24 Oct 2017

Kallanish Steel Weekly: Global demand to grow 2.8% in 2017

Global finished steel demand will increase 7% on-year in 2017 to 1.62 billion tonnes, the World Steel Association forecasts in its latest October short-range outlook. The high growth rate, however, is partly an effect of the shift to official statistics of unrecorded demand previously satisfied by Chinese induction furnaces ...

Week 42 18 Oct 2017

Kallanish Steel Weekly: China returns from holiday but no big splash

The global steel community saw activity improve again last week as China returned after its Golden Week holiday. The lull seen in the week before last proved once again that the world’s largest steel producer and user continues to define market sentiment, activity and much else for that matter ...

Week 41 10 Oct 2017

Kallanish Steel Weekly: Raw materials give mixed signals despite expected recovery

Global iron ore and scrap prices prepared for a rebound towards the end of last week, following the corrections registered since the beginning of September, but signals from the market are mixed. The extent of this recovery is uncertain and the iron ore market seems to be suffering more than ...

Week 40 03 Oct 2017

Kallanish Steel Weekly: Raw material prices fall back to July levels

Raw material prices continued their downward trend last week, falling back to the levels registered in mid-July. The correction is putting pressure on finished steel markets across the globe, with some exceptions such as Europe and Latin America. According to Kallanish price series, iron ore lost more than -15% since ...