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Kallanish Kallanish

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January, 24th 2020

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Weekly Steel

Issue21-19 May 28, 2019

Kallanish Steel Weekly: US tariffs reduction not seen resetting Turkish exports

The reduction by the US of Section 232 tariff on Turkish steel to 25% will not see Turkish exports to the US return to previous tonnages, according to the Turkish Steel Exporters’ Association (CIB). It does however see this as a positive development, the CIB says.

Besides reducing the tariff on …

Issue20-19 May 21, 2019

Kallanish Steel Weekly: What will be the effects of the relaxation of US steel tariffs?

Last week the market was dominated by the news that US authorities have decided to relax the existing steel tariffs on some of its principal external steel suppliers - Turkey, Mexico and Canada.

This happened as US trade tensions with China worsened, confirming that some uncertainty remains in the global …

Issue19-19 May 14, 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 has …

Issue18-19 May 7, 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 crude steel output. …