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Kallanish Steel Weekly

49 | Dec. 15, 2020

Questions swirled Thursday last week at Kallanish’s Europe Steel Markets 2020 virtual conference regarding the potential costs – large and small – of Europe’s on-going transition to green steel.

“The question we should ask ourselves is, “can we not afford how we pay for a fossil-free product in the future?” …

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48 | Dec. 8, 2020

Fitch expects the 62% Fe benchmark iron ore price to fall below $100/tonne going into 2021, but the iron ore market will remain tight in 2021 and possibly 2022. Ore supply will be stronger in the second half of 2020, following H1 disruptions, but port congestion in China is delaying …

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47 | Dec. 1, 2020

Crude steel production in the 64 countries reporting to the World Steel Association (worldsteel) rose 7% on-year in October to 161.89 million tonnes, gaining further momentum from growth in August and September.

Chinese output continued its relentless growth, rising 12.7% in October to 92.2mt. Indian output finally rebounded to pre-coronavirus …

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46 | Nov. 24, 2020

Next year is set to be a year of important changes in the global trade scenario for steel. Joe Biden is expected to become the new president of the US in January, and while his approach toward the existing Section 232 measures might not change rapidly, many expect he will …

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