Issue 39, 2024 - This week's editorial: Huge China stimulus propels sentiment but doubts remain

Fasten your seatbelts because China is putting a rocket booster under its economy. Authorities in the world’s largest steel market announced wide-ranging stimulus measures in two steps in the space of days last week, propelling economic sentiment …

Issue 38, 2024 - This week's editorial: China receives limited US Fed boost, scrap prices seen bottoming

The US Federal Reserve’s long-expected interest rate cut provided a limited boost to Chinese steel prices last week, but two typhoons hampered activity in China’s eastern economic hubs and fundamentals remained weak. In Europe, amid …

Issue 37, 2024 - This week's editorial: Market questions China rebound, Europe aims to revive competitiveness

The Chinese market enigma continues. Prices in the world’s largest producer and consumer rebounded across the board last week, but market participants strongly doubt this trend’s sustainability. Meanwhile, Italian rebar producers attempted price hikes for the …

Issue 36, 2024 - This week's editorial: Poor car performance hurts global flats sales and prices

The third-quarter sale performance and prices of EU coils is suffering from the present slump in the European car industry. Italian passenger car production tumbled yet again in June and in the first half of the year, as noted …