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Kallanish Steel Weekly

2-22 | Jan. 11, 2022

While global car production is suffering from the shortage of semiconductor chips, the production of electric vehicles faces the additional obstacle of insufficient capacity of electrical steel, according to analytics agency IHS Markit.

Manufacturers of diverse machineries are struggling to negotiate supply contracts with steel mills for 2022, particularly for …

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51-21 | Dec. 21, 2021

This is the last edition of the Kallanish Steel Weekly for 2021, the publication takes a short break, but will be back in early January 2022 to continue following the global market trends. 2021 was an extra-ordinary year for steel prices. As the year comes to an end we have …

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50-21 | Dec. 14, 2021

Seaborne iron ore prices returned to a declining trend on Thursday last week, with weaker-than-expected November financial data hitting market confidence.

The Kallanish KORE 62% Fe index dropped on Thursday $3.78/tonne to $103.11/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index declined $3.87/t to $120.24/dmt cfr, but the …

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49-21 | Dec. 7, 2021

The merchant pig iron market continued its lull in the past weeks, with the exception of a couple of Brazilian deals in the western hemisphere. The CIS merchant pig iron export market was quiet, with no negotiations due to diverging price expectations in the unclear environment.

In the US, buyers …

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