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With steel prices hitting record highs, and supplies being tight in many regions, our Director of Pricing & Purchasing, John Anton, sits with us to discuss the continued mismatch between demand recovery and production restarts. John discusses the impacts to construction and manufacturing with delays, deferred projects, and in many cases missed budgets. What lies ahead? Is there any good news? Join us and get the full picture. John Anton, Director, Pricing & Purchasing, IHS Markit https://ihsmarkit.com/experts/anton-john.html
Jon and Jake shoot this episode from the hip. “How are purchasing habits changing for industrial assets?” Will we all be selling our pipe on Amazon one day, or by then will the “Borgs” of Star Trek fame already have taken over our society?
The S&P Global Platts Metals Meltdown series focuses on recent market developments in the coils market and takes a look at what topics will become important for the market in 2019. In this episode, Platts analyzes recent price drops that turned market sentiment bearish and are affecting...
Tariffs continue to dominate the steel markets with US prices at multi-year highs and international traders finding it increasingly difficult to do business in Europe. Back once again, the renegade steel bros, Peter Brennan and Christopher Davis, round off another eventful month in the steel...
President Donald Trump has extended the exemption for steel and aluminum tariffs until June 1, increasing uncertainty around the extent of the eventual measures. Meanwhile, Chinese steel prices firmed in April despite official production figures continuing to defy the much vaunted capacity cuts....
Brussels to Beijing: Commodity Policy in Europe and Asia Podcast
In this podcast, S&P Global Platts Senior Managing Editor Paul Bartholomew and Senior Analyst Zhang Jing examine the current state of China's steel market in relation to supply-side reforms and environmental protection drive, which led to the closure of induction furnaces in 2017; the outlook...
International steel buyers are increasingly nervous about the weakness in Asian prices and trade-distorting tariffs. Rising inventories, softening demand and high production figures are combining to lower prices in China, while negotiations for exemptions from tariffs in the US are well under way....
After months of discussion, US President Donald Trump signed off on sweeping global metals tariffs -- 25% on steel and 10% on aluminum -- that exclude its Nafta neighbors to the north and south. All other countries will have to seek case-by-case exemptions from the White House, though, and trade...
Higher global steel output -- despite winter cuts in China -- does not seem to be dampening pricing or demand. And in the US, imports are up, but so are steel prices. Will the bull run continue even if President Trump opts for far-reaching tariffs or quotas under Section 232? Will he and his...
Elevated pricing and strong margins have many steel mills happy about the start to 2018. But questions remain regarding potential trade measures and how long the good times might linger into the New Year. S&P Global Platts Christopher Davis and Peter Brennan take a look at what's driving the...
52 million mt of Chinese steel production capacity will not be utilized as part of mandated winter output cuts. But tightening supply is just one part of the picture in China as strong demand and low inventories have helped bolster prices, creating fertile conditions for the international markets...
Iron ore prices exhibited an unexpected show of strength in late November, with prices lifting towards $70/t CFR by the end of the month. Alex Griffiths, Senior Analyst of Global Iron Ore and Steel Markets and Rory Townsend, Research Analyst for our Institutional Investor Service, discuss some of the themes shaping our short-term outlook.
A meeting hosted by Italian steel distributors’ group, Assofermet, in Milan provided a glimpse into the China Iron & Steel Association’s strategy for winning over Europe. At a time when trade litigation has strained relations between the two markets, CISA says now is not the time...
August holidays usually signal sleepy markets and slumping prices. But this summer has yet to see a slowdown when it comes to pricing for raw materials and finished steel, especially in China. And despite the uncertainty of potential trade litigation hanging over the US and Europe, those markets...
Brussels to Beijing: Commodity Policy in Europe and Asia Podcast
Sebastian Lewis, S&P Global Platts' head of content for China, and Keith Tan, senior managing editor of metals, discuss China's supply side reforms and what this means for the region's steel and coal industries.Related Metals Meltdown podcast on met coal, mergers and decoupling markets.We...
Having risked his reputation, and his finest deerstalker, by predicting an imminent downturn in the Chinese steel market; an unscathed Sebastian Lewis joined Christopher Davis and Peter Brennan for the anniversary edition of the Metals Meltdown. But while the Chinese market has been collapsing,...
Sebastian Lewis, Peter Brennan and Christopher Davis in our London studioCentered on the strength in the domestic Chinese market, steel mills are forcing up prices around the world. The Meltdown boys are back for another month and this time that venerable trio of Sebastian Lewis, Peter Brennan and...
With scene-setting worthy of the great Bard himself, William Shakespeare, our very own soothsayers, Peter Brennan, Sebastian Lewis and Chris Davis deliver their predictions for steel markets across the globe.With the ferrous supply chain left reeling early March amid an unprecedented hike in steel...
The year started off with some degree of positivity for the steel markets. Mills in Europe and the United States pushed for price increases at the end of 2015, while Chinese producers increased offers that triggered a brief rally in the markets.In this post-festive season reunion of the Three Kings...