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Kallanish Steel Weekly

02-25 | Jan. 14, 2025

Issue 02, 2025 - This week's editorial: Sluggish demand depresses Asian prices, EU safeguard review heats up

Iron ore and coking coal prices fell last week to their lowest levels since September, as did Chinese hot rolled coil, amid softening demand expectations in China as economic uncertainty persisted. Trading remained slow globally …

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01-25 | Jan. 7, 2025

Issue 01, 2025 - This week's editorial: Many markets subdued post-holidays, China under pressure

Global markets reported a subdued start to 2025 with many participants not yet returning from their extended Christmas or New Years break, and as a result, trading activity was minimal in many regions. 

On scrap, trading activity …

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51-24 | Dec. 24, 2024

Issue 51, 2024 - This week's editorial: European prices rise amid safeguard review, India tackles imports

European hot rolled coil mill asking prices rose last week, while rebar values were under upward pressure from unforeseen incidents. Who would have thought in this economic climate? Domestic suppliers were given a confidence boost …

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50-24 | Dec. 17, 2024

Issue 50, 2024 - This week's editorial: Sentiment boosts markets, fundamentals remain shaky

More economic policy meetings in China, you say? Yes, last week saw the Politburo meeting and Central Economic Work Conference take place in the world’s largest steel market. Although again failing to deliver concrete steel demand growth …

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