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 …

Issue 49, 2024 - This week's editorial: Scrap stutters further, Vietnamese buyers take China risk

Scrap demand continued to stutter in Turkey, despite mills needing to complete January-shipment cargo purchases, with participants searching for a confirmation of the floor for pricing. Indian scrap imports remained sluggish as local mills preferred to …

Issue 48, 2024 - This week's editorial: European industry woes worsen, scrap price bottoming debated

Europe threw up some notably bleak headlines last week, even by its own recently depressing standards, with two of its largest steelmakers, ArcelorMittal and thyssenkrupp, announcing a suspension of decarbonisation investments and huge layoffs respectively. Participants …

Issue 47, 2024 - This week's editorial: Europe M&A punctures gloom, Chinese prices tick up

Last week confirmed that Europe is a bottomless pit of negative news, but there were also positive M&A developments. ArcelorMittal was said to be considering closing two service centres in France, while Ford became the latest …