Paul Bartholomew
Senior managing editor 
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June 12, 2019 08:46 UTC 
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Almost everywhere you look, auto production and sales are falling and putting pressure on one of the major end-user segments of steel. News within the space of a fortnight that British Steel was insolvent and Ford’s Bridgend plant in the UK would cease production in 2020 was somewhat emblematic of the challenges faced by carmakers and their steel suppliers. |
Emma Slawinski
Editor, Platts Insight
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May 31, 2019 14:39 UTC
(0)
Market sources told S&P Global Platts that major steel billet buyers in Thailand and Indonesia were avoiding Iranian material in favor of sources like Russia, Vietnam and Malaysia. |
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Emma Slawinski
Editor, Platts Insight
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Energy and commodities highlights: US steel and aluminum tariffs, Middle East oil and electric power
May 24, 2019 13:43 UTC
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Tariffs and trade deals are sticking to the top of the commodities agenda, after the US reached an agreement to remove Section 232 tariffs on steel and aluminum imports from Canada and Mexico. The deal, announced on May 17, removes US import tariffs of 25% on steel and 10% on aluminum, without imposing quotas to cap imports. |
Jun Kai Heng
Associate editor, metals
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May 14, 2019 09:24 UTC
(0)
Ahead of the S&P Global Platts Global Metals Awards in London, on May 16, The Barrel presents a special series of articles looking at the global metals trade. Here, Jun Kai Heng looks at how iron ore buyers and sellers are adapting to tightened supply of specific products, following the accident at one of Vale’s Brazilian operations in January. On January 25, a Vale tailings dam in Brumadinho, part of its Southern Systems mining operations, collapsed, resulting in massive loss of life and a significant impact on its iron ore supply chain over the longer term. |
Paul Bartholomew and Jing Zhang
Steel markets, APAC
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May 13, 2019 09:17 UTC
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Ahead of the S&P Global Platts Global Metals Awards in London, on May 16, The Barrel presents a special series of articles looking at the global metals trade. Paul Bartholomew and Jing Zhang take an in-depth look at China’s steel production in recent years, and the likely trajectory in 2019. Just a few years ago, market updates from major iron ore producers Rio Tinto and BHP routinely stated that they expected Chinese crude steel production to reach 1 billion metric tons by the end of the next decade. This sounded like an incredible amount of steel, particularly as China’s economic growth trajectory was heading south. Further, such a prediction seemed unrealistic given China’s steel output had retreated by 2.3% in 2015 to just under 804 million mt. › Continue Reading |
Pascal Dick
Analyst, steel pricing
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May 10, 2019 12:11 UTC
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Ahead of the S&P Global Platts Global Metals Awards in London, on May 16, The Barrel presents a special series of articles looking at the global metals trade. Here, Pascal Dick analyzes the impact of new US tariffs, economic headwinds and other challenges on steel and ferrous scrap flows into and out of the country. After a healthy first half of 2018, the Turkish steel market now faces a drop in demand from both domestic and international customers. International policy changes and a recession in the Turkish economy have contributed to a wider trade flow diversion across flat steel products like hot rolled coil (HRC), and long steel products like rebar and billet, with some effects also due to be felt more strongly in the wider ferrous scrap pricing complex. |
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Nicholas Tolomeo, Michael Fitzgerald and Joe Eckelman
Editors, Metals
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May 9, 2019 13:46 UTC
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Ahead of the S&P Global Platts Global Metals Awards in London, on May 16, The Barrel presents a special series of articles looking at the global metals trade. In this feature, Nicholas Tolomeo, Michael Fitzgerald and Joe Eckelman report on changing approaches to steelmaking in the US, as companies target higher-quality steel products. When it comes to raw materials, steel mills in the US are developing expensive tastes. Of all the major steel-producing nations, no country is so geared toward electric-arc furnace (EAF), flat-rolled steel production as the US. Profits from EAFs, or mini-mills, are at their peak, and producers Nucor and Steel Dynamics last year had record profits of $2.4 billion and $1.3 billion, respectively. |
Joseph Tong and Petter Kolderup
APAC steel markets
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May 8, 2019 11:07 UTC
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Ahead of the S&P Global Platts Global Metals Awards in London, on May 16, The Barrel presents a special series of articles looking at the global metals trade. Here, Joseph Tong and Petter Kolderup investigate the growth of iron ore derivatives trading, and rising competition between two leading bourses, Singapore’s SGX and Dalian’s DCE. In order to become the second-largest economy in the world, China has built up its infrastructure in a systemic, large-scale fashion since opening up in the 1970s. This process has also seen China increase steel output to become the world leader, accounting for half of global production. Consequently, China is also the largest importer of iron ore – the key feedstock in steelmaking, importing 1.064 billion metric tons in 2018. This is not a small number, and iron ore, now the second-biggest commodity market in the world after oil, deserves substantial attention. |
Ashima Tyagi
Editor, steel markets
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April 25, 2019 09:33 UTC
(4)
The swearing in of Narendra Modi as the 15th prime minister of India on 26 May 2014 brought a renewed sense of enthusiasm and vigor to the nation, against the promise of “ache din” – good days – in the future. Five years on, as the world’s largest election is underway in the country, feelings about the current political situation are complicated, but what is certain is that the world will be watching carefully for the outcome of the vote. |
Andrew Critchlow
Head of news, EMEA
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March 14, 2019 11:20 UTC
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Minerals producers have made fortunes over the last decade to slake China’s thirst for raw industrial metals. But in the future their profits could be hit by the Middle Kingdom recycling ever-greater quantities of its own ferrous scrap to meet industrial demand and, more importantly, cut dangerous pollution levels. › Continue Reading |
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