Metals Meltdown

S&P Global Platts' in-depth monthly analysis of steel markets from our senior editors across the globe.

How low can scrap and rebar go? 09/10/2019

How low can scrap and rebar go? On this month’s S&P Global Platts Metals Meltdown podcast, pricing specialists Pascal Dick and Viral Shah talk to EMEA regional derivatives manager Marcel Goldenberg about the latest developments in the Turkish ferrous markets and discuss future price direction. Our specialists analyse... /episode/index/show/metalsmeltdown/id/12006326

Trade tensions, uncertain landscape weigh heavy on Mexican rebar market 02/13/2019

Trade tensions, uncertain landscape weigh heavy on Mexican rebar market This month, the S&P Global Platts Metals Meltdown series focuses on recent market developments in the Mexican rebar market and takes a look at what topics will become important in 2019. In this episode, Platts analyzes international factors on the Mexican steel market such as the US tariffs on... /episode/index/show/metalsmeltdown/id/12006329

Focus on European definitive safeguard measures on steel imports 01/24/2019

Focus on European definitive safeguard measures on steel imports The S&P Global Platts Metals Meltdown series focuses on recent market developments in the European steel market and takes a look at what topics will become important in 2019. In this episode, Platts analyzes the new definitive safeguard measures on steel imports into the European Union - due to... /episode/index/show/metalsmeltdown/id/12006332

Focus on European flat steel developments, outlook 2019 12/20/2018

Focus on European flat steel developments, outlook 2019 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... /episode/index/show/metalsmeltdown/id/12006335

Focus on Turkish steel output cuts, EU safeguard: challenges in Turkey/Black Sea long products value chain 12/13/2018

Focus on Turkish steel output cuts, EU safeguard: challenges in Turkey/Black Sea long products value chain The S&P Global Platts Metals Meltdown series focuses on recent developments in the Turkish raw material and long steel markets while also looking at the European import quotas on wire rod and rebar and how this impacts the upstream demand and supply. In this episode, Platts further analyzes how... /episode/index/show/metalsmeltdown/id/12006338

Turkey in focus: Steelmakers cope with challenging export market, high scrap prices 11/15/2018

Turkey in focus: Steelmakers cope with challenging export market, high scrap prices The S&P Global Platts Metals Meltdown series continues, tracking the development in the Turkish raw material and long steel market and its impact on neighboring regions. In this episode, Platts looks at how steelmakers in Turkey have coped with a challenging export market and high scrap prices... /episode/index/show/metalsmeltdown/id/12006344

Uncertainty abounds in global steel markets 05/25/2018

Uncertainty abounds in global steel markets 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... /episode/index/show/metalsmeltdown/id/12006347

Uncertainty in steel markets prolonged by US tariff delay 05/01/2018

Uncertainty in steel markets prolonged by US tariff delay 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.... /episode/index/show/metalsmeltdown/id/12006350

US tariffs and Chinese prices ramp up anxiety in steel markets 03/28/2018

US tariffs and Chinese prices ramp up anxiety in steel markets 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.... /episode/index/show/metalsmeltdown/id/12006353

Making sense of the Trump tariffs 03/09/2018

Making sense of the Trump tariffs 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... /episode/index/show/metalsmeltdown/id/12006356

Questions abound, but metals momentum rolls on 02/27/2018

Questions abound, but metals momentum rolls on 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... /episode/index/show/metalsmeltdown/id/12006359

Strong start buoys steelmakers' outlook for 2018 01/30/2018

Strong start buoys steelmakers' outlook for 2018 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... /episode/index/show/metalsmeltdown/id/12006365

Chinese steel prices end the year with a bang 12/14/2017

Chinese steel prices end the year with a bang 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... /episode/index/show/metalsmeltdown/id/12006368

CISA meets Milan 11/24/2017

CISA meets Milan 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... /episode/index/show/metalsmeltdown/id/12006377

Buoyant mood prevails as global steel execs gather in Brussels 10/31/2017

Buoyant mood prevails as global steel execs gather in Brussels The mood of C-level executives attending the World Steel Association's annual meeting in Brussels was more upbeat than in years past, as mill margins and finished steel prices remain elevated. But the extent of China's phased out induction furnace capacity surprised many when worldsteel released... /episode/index/show/metalsmeltdown/id/12006380

Electrodes, changing trade flows top of mind for many in steel 09/29/2017

Electrodes, changing trade flows top of mind for many in steel The global graphite electrode shortage is likely to linger through next year, some say, raising input costs for steelmakers and potentially curbing production. At the same time, uncertainty remains regarding the ongoing US Section 232 investigation -- which coupled with existing trade litigation --... /episode/index/show/metalsmeltdown/id/12006383

Houston hurricane disrupts crucial steel scrap flow 08/31/2017

Houston hurricane disrupts crucial steel scrap flow Hurricane Harvey could result in as many as 500,000 vehicles being shredded in what would be a major boost in US scrap supply. International scrap prices were strong in August, as was the entire global steel and raw material complex, and the outlook in key markets including Europe look strong until... /episode/index/show/metalsmeltdown/id/12006389

Summer not slowing down global steel markets 07/31/2017

Summer not slowing down global steel markets 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... /episode/index/show/metalsmeltdown/id/12006392

Section 232 overshadows Chinese steel price recovery 06/27/2017

Section 232 overshadows Chinese steel price recovery The global steel market awaits safeguard measures on US steel imports with bated breath, but the nervousness surrounding potential further disruption to steel trade belies a recovery in the Chinese steel market. The Metals Meltdown trio of Peter Brennan, Christopher Davis and Sebastian Lewis... /episode/index/show/metalsmeltdown/id/12006395

Views on steel from the top 05/25/2017

Views on steel from the top S&P Global Platts Metals Meltdowntriumvirate discusses insights shared by some of the biggest names in the industry from the sidelines of the recent Platts Global Metals Awards in London. Hear what Nev Power of Fortescue Metals Group, Gina Rinehart from Hancock Prospecting and Liberty House's... /episode/index/show/metalsmeltdown/id/12006398

A new story for steel 04/26/2017

A new story for steel The recent US launch of a Section 232 investigation regarding steel imports and national security has changed the tenor of steel trade litigation. Metals Meltdown’s Christopher Davis and Peter Brennan discuss how this move could be the start of a new story in steel – and how it could... /episode/index/show/metalsmeltdown/id/12006404

Play for today: How the global steel market is faring 03/27/2017

Play for today: How the global steel market is faring We have passed the Ides of March, typically known as the days of full moons and holidays on the Roman calendar -- or the date that Emperor Julius Caesar met his demise -- and immortalized by the great Bard himself, William Shakespeare.For the global steel industry, this time of the year has come to... /episode/index/show/metalsmeltdown/id/12006407

Steel prices: Deja vu all over again? 02/24/2017

Steel prices: Deja vu all over again? Prices have been on the rise in early 2017 for steelmaking inputs and finished materials, but so has production. Year-on- year Chinese steel output was up 7% in January, according to the latest World Steel Association data, and US production rose by 6.5%. Can both upward trends co-exist, or will... /episode/index/show/metalsmeltdown/id/12006410

Year of the Rooster, Time of the Trump 01/25/2017

Year of the Rooster, Time of the Trump As the Year of the Rooster dawns in China, newly-elected President Donald Trump is getting a running start at steel intensive infrastructure projects in the US and final steel production numbers are out for 2016. The Metals Meltdown boys – Christopher Davis, Peter Brennan and Sebastian Lewis... /episode/index/show/metalsmeltdown/id/12006416

Reflections on steel, metals in 2016 and predictions for the New Year 12/20/2016

Reflections on steel, metals in 2016 and predictions for the New Year It’s the week before Christmas, and the end of the year finds the three wise men of Metals Meltdown – Christopher Davis, Peter Brennan and Sebastian Lewis – reflecting on what’s happened in the global steel industry in 2016 and predicting where production and prices could be... /episode/index/show/metalsmeltdown/id/12006419

Coking coal uncertainty and Trump opportunity 11/24/2016

Coking coal uncertainty and Trump opportunity With coking coal supply set to come back on stream, steel buyers are increasingly nervous that the current boom in steel prices could bust. Will coke costs weaken? Will European and US steel producers achieve their increased offer levels? And what impact will a future president Trump have on... /episode/index/show/metalsmeltdown/id/12006422

Smiles and smog - a global steel story 10/21/2016

Smiles and smog - a global steel story Metals Meltdown's Christopher Davis and Peter Brennan compare notes on the recent World Steel Association gathering in Dubai, where steel execs were upbeat and global demand projections pointed toward growth. And Sebastian Lewis chats up China's economic outlook and Beijing air-quality trends as a... /episode/index/show/metalsmeltdown/id/12006428

Met coal, mergers and decoupling markets, oh my 09/23/2016

Met coal, mergers and decoupling markets, oh my Metals Meltdown's triumphant trio, Christopher Davis, Sebastian Lewis and Peter Brennan, reunites in Platts' London studios for their monthly take on the goings on in global steel. Metallurgical coal pricing has continued its meteoric rise, China heavyweights moved closer to merging operations and... /episode/index/show/metalsmeltdown/id/12006431

Coking coal strength and production cuts support steel prices 08/26/2016

Coking coal strength and production cuts support steel prices The Metals Meltdown boys, Christopher Davis, Sebastian Lewis and Peter Brennan, are back with the latest monthly take on the global steel markets. The Chinese market has firmed on stronger raw materials and expected production cuts, while in Europe supply tightness and trade cases are expected to... /episode/index/show/metalsmeltdown/id/12006434

Coups, mergers and trade cases take steel center stage 07/27/2016

Coups, mergers and trade cases take steel center stage Back once again to discuss all things steel, the intrepid Christopher Davis, Sebastian Lewis and Peter Brennan take us through another intriguing month in the steel sector. An attempted coup spooked the Turkish market, mergers and acquisitions were back in vogue in Europe, while China is looking at... /episode/index/show/metalsmeltdown/id/12006437

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