Market volatility is easing slightly but has likely not gone very far. As the dust of the last month settles however, there are some structural changes which will influence global steel markets in the medium term. The changes are largely good news for overseas steelmakers, while Chinese steelmakers, especially the …

China has sent shockwave through global steel markets by making its long-rumoured abolition of export tax rebates official. The impact in the short term is to drive prices higher, but the deeper impact may only
be felt once global steel markets cool down. 

Kallanish meanwhile held its annual Asia Steel Markets …

Chinese steel production is peaking. By 2025, the end of the new five-year plan, output will almost certainly be lower than last year’s record. The government has said however that it wants output to decline this year.

Considering the strong y-o-y growth in output seen so far this year, cutting …

China has come off the back of a difficult year, but in terms of policy in the steel industry the real challenges are just beginning. China is fi nally approaching peak steel and is planning on a restructuring of the economy. The focus this month then is on the ‘Two Sessions,’ the …