Kallanish Steel Weekly
Global crude steel production closed out 2021 with a decline of 3% on-year in December to 158.74 million tonnes, as China and the EU both saw reduced output, worldsteel data shows. Full-year 2021 production still inched up 3.6% on-year to 1.91 billion tonnes, but slowed from the 14% growth seen …
Commodity experts are not in agreement about where nickel prices are heading this year, says Roland Mauss of recycler Oryx Stainless. In his monthly blog on Oryx Stainless, Mauss says Chinese researchers are playing down the growth potential, while others predict a supercycle.
Last week the European HDG market showed that trade barriers continue to have an important role in driving market sentiment. European suppliers increased their offers, supported by the issues created by safeguard measures as well as the ongoing anti-dumping investigation on Turkish and Russian imports into the continent.
While global car production is suffering from the shortage of semiconductor chips, the production of electric vehicles faces the additional obstacle of insufficient capacity of electrical steel, according to analytics agency IHS Markit.
Manufacturers of diverse machineries are struggling to negotiate supply contracts with steel mills for 2022, particularly for …
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous