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Kallanish Steel Weekly

41-23 | Oct. 31, 2023

Issue 41, 2023 - This week's editorial: H1 2023 scrap consumption falls, long term trend remains strong

China’s ferrous scrap consumption fell 2.9% on-year in the first half of 2023 to 116.23 million tonnes despite its 1.3% rise in crude steel output. The country nevertheless remained the world’s largest scrap user, …

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40-23 | Oct. 24, 2023

TThe EU and US will continue negotiating on the Global Arrangement on Sustainable Steel and Aluminium (GASSA) till the year-end deadline, after failing to reach an agreement in time for last Friday’s EU-US summit in Washington.

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39-23 | Oct. 17, 2023

Issue 39, 2023 - This week's editorial: Eurofer anticipates interim EUUS agreement in preparation for a Global Arrangement on Sustainable Steel

Eurofer expects an interim low-emission steel trading agreement to be announced at the 20 October EU-US Summit in Washington and says this must pave the way for a strong, …

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38-23 | Oct. 10, 2023

Issue 38, 2023 - This week's editorial: Australia sees iron ore prices falling during the next two years

The Australian government foresees iron ore prices moderating further as global demand softens. 62% Fe iron ore fines spot prices in 2023 are seen averaging at $100/tonne, according to the industry ministry’s …

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