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Kallanish Kallanish

Knowledge matters Knowledge matters

December, 7th 2019

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Weekly Steel

Week 39 26 Sep 2017

Kallanish Steel Weekly: Scrap and iron ore fall rapidly

Last week raw material prices increase the pace of their fall as Chinese sentiment decreased and markets started to react quickly to the new negative trend.

Iron ore prices last week fell below $65/t CFR Qingdao for the first time since the beginning of July. Since September, the price ...

Week 38 20 Sep 2017

Kallanish Steel Weekly: Raw material prices begin to correct, but billets hold

Last week the first signs of weakness in iron ore and scrap prices became evident in the market, as benchmark indexes settled at lower levels compared with those seen the week before.

The price of HMS 1⁄2 scrap imported into Turkey lost some $5/tonne last week due to ...

Week 37 12 Sep 2017

Kallanish Steel Weekly: Electrode supply issues to further support scrap and semis

Scrap and billet prices remain at a peak level globally despite the fact iron ore stabilised at some $15/t below this year’s record registered in February.

One reason for such high price levels for scrap and billet is said to be the issue relating to prices and availability ...

Week 36 05 Sep 2017

Semis prices remain at a 2017 peak

Semi-finished products prices continued to remain firm last week, having reached their annual peak supported by strong scrap and iron ore prices.

According to Kallanish, billet stabilised at some $500-510/t FOB Black Sea since mid-August, as the high scrap levels pushed Turkish mills to increasingly order billets as a ...