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Kallanish Kallanish

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December, 7th 2019

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Weekly Steel

Week 19 09 May 2017

Iron ore at record low, scrap peaks

Last week steel prices in China recovered somewhat, supporting an increasing sentiment across the globe. Iron ore prices surpassed on the 27 April the $67/t cfr Qingdao, according to Kallanish’s price index, over $2/t above mid-April’s bottom. The rebound supported a recovery in Chinese finished steel ...

Week 18 03 May 2017

Prices rebound but recovery could be short-lived

Last week steel prices in China recovered somewhat, supporting an increasing sentiment across the globe. Iron ore prices surpassed on the 27 April the $67/t CFR Qingdao, according to Kallanish’s price index, over $2/t above mid-April’s bottom. The rebound supported a recovery in Chinese finished steel ...

Week 17 25 Apr 2017

Demand accelerates 2017 growth, market prices fragile

This year the world is set to accelerate its steel demand growth despite the fact China has probably reached its peak and will soon start showing signs of demand correction. Last week the World Steel Association (worldsteel) published its outlook indicating that global demand is set to grow 1.3 ...

Week 16 19 Apr 2017

Coking coal price reaches record, but Chinese prices still down

Coking coal prices have more than doubled since the beginning of April due to the supply problems linked to the disruptions created in Australia by Cyclone Debbie. Last week, the price of Australian coking coal surpassed $300/t fob and reached its highest level since 2011.