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Kallanish Steel Weekly

27-25 | July 8, 2025

Issue 27, 2025 - This week's editorial: China government intervention proposals stir prices, Turkish scrap buying

The global market reacted cautiously last week to calls in China to curb unrestrained internal market competition, remove outdated capacity and restrict billet exports. However, the news did provide a boost to steel prices, including …

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26-25 | July 1, 2025

Issue 26, 2025 - This week's editorial: China wide HRC exports rebound, EU prices bottoming

Chinese domestic hot rolled coil prices fell $4/tonne last week despite a jump in export deals as Vietnamese buyers resumed buying wide-width HRC from China after it became apparent Vietnam would not extend trade measures to …

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25-25 | June 24, 2025

Issue 25, 2025 - This week's editorial: Steel M&A takes centre stage, India frustrates importers

ArcelorMittal was in the spotlight last week, carrying out significant mergers & acquisitions activity and painting a rosy picture for its US market outlook, while delivering a damning indication of business and investment prospects in Europe …

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24-25 | June 17, 2025

Issue 24, 2025 - This week's editorial: Nippon-USS deal advances, European longs deteriorate

Consistent with his favourite tactic of making big-impact market announcements late on Fridays, US President Donald Trump conditionally approved a deal last week for Nippon Steel to take a stake in US Steel, with the US to retain …

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