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Kallanish Kallanish

Knowledge matters Knowledge matters

December, 8th 2019

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Weekly Steel

Issue19-19 14 May 2019

Kallanish Steel Weekly: Tk-Tata Steel merger failure surprises many, but not all

In simultaneous statements, both thyssenkrupp AG and Tata Steel Limited confirmed last week that they expect the European Commission to block the proposed merger of the two companies’ European steel operations.

The long-discussed joint venture has been fraught with difficulties since the concept was first publicly launched in 2016. It ...

Issue18-19 07 May 2019

Kallanish Steel Weekly: Global crude steel output growth remains firm

The World Steel Association (worldsteel) says that global crude steel output from its 64 reporting countries was 155 million tonnes in March 2019, up 4.9% year-on-year. China produced 80.3mt in the month, an increase of 10% on March 2018 and still well over half of the world’s ...

Issue17-19 30 Apr 2019

Kallanish Steel Weekly: Global steel prices fall year-on-year, iron ore rises by 50%

As May begins, Kallanish has decided to compare the current most important price indicators against prices registered in 2018. This is to understand how the market is developing in what is usually considered one of the strongest period for demand before the summer kicks in.

As expected, semis and finished ...

Issue16-19 24 Apr 2019

Kallanish Steel Weekly: worldsteel reviews global demand outlook

The World Steel Association (worldsteel) has released its April 2019 short-range outlook. The association says that global steel demand will reach 1.735 million tonnes in 2019, an increase of 1.3% over 2018. In 2020, demand is projected to grow by 1% to reach 1.752mt.

The new outlook ...