China’s policy environment continues to fluctuate dramatically, while sentiment swings have begun to boost steel price volatility, and have finally knocked iron ore off its $200 perch. Expectations for the full year remain broadly on track, with the strong growth rates in output and demand in H1 turning negative in …

1 July was both the first day of H2 and the 100th anniversary of the Communist Party of China. The political anniversary also marks an inflection point in chairman Xi Jinping’s economic policy, while H2 is bringing in more short term market changes.



In this issue we will look at …

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 …