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Kallanish Steel Weekly

47-23 | Dec. 12, 2023

Issue 47, 2023 - This week's editorial: Iron ore prices remain strong as China hopes for 2024 economy performance recovery

The seaborne iron ore market was sideways at the beginning of last week but rebounded quickly late in the week. Beijing held aPolitburo meeting last Friday to study economic policies …

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46-23 | Dec. 5, 2023

Issue 46, 2023 - This week's editorial: Europe and US far from trade dispute resolve, risk decarbonisation path

The EU is pushing the US for a “noticeable improvement” in its management of tariff-rate quotas (TRQs), which the EU considers “rigid”, European Commission vice president Valdis Dombrovskis said on Monday referring to …

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45-23 | Nov. 28, 2023

Issue 45, 2023 - This week's editorial: The threat of sanctions impacts Black Sea pig iron trade

The rise in scrap, iron ore and hot rolled coil prices amid a notable demand absence from end-users, specifically in the EU and Turkey, has impacted overall demand for pig iron.

Reports regarding potential …

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44-23 | Nov. 21, 2023

Issue 44, 2023 - This week's editorial: China stimulus firms 2024 steel outlook, iron ore anticipates excitement 

Steel supply and demand is in balance towards the end of the year, with global EAF-based production having been curtailed as Chinese exports increased this year, while expectations for Chinese stimulus are firming sentiment …

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