Kallanish Commodities

The #rebar import market in Singapore is steady, Kallanish notes. The supply shortage of smaller rebar sizes is seen to be easing somewhat this week, trading sources say. Read more in today's #steel news: https://lnkd.in/dpgeAS8b

#Scrap demand in Saudi Arabia’s central region is expected to subside from next week as a rebar and I-beam producer will begin receiving almost 30,000 tonnes of booked hot-briquetted #iron. The firm uses a 60/40 scrap/HBI blend and will consequently reduce its scrap intake in the coming month by nearly 40%, Kallanish notes. Meanwhile, another mill, Watani, stopped scrap purchases after it experienced a technical failure two weeks ago that is yet to be fully repaired. Read more in today's #steel news: https://lnkd.in/dYyxpPdy #SaudiArabia #Rebar #Billet

Mining giant #RioTinto plans to combine its #lithium business with the #aluminium product group as part of a restructuring plan that will create three core product groups, Kallanish reports. The new Aluminium & Lithium group will be led by Jérôme Pécresse and consist of three businesses: Atlantic Operations Aluminium, Pacific Operations Aluminium, and Lithium. Rio says that the new streamlined structure will help it to focus on processing capabilities and downstream exposure. Read more on Kallanish #batterymaterials news👇 https://lnkd.in/dscKbbQ5

After years of disruption, 2026 may mark a turning point for the global steel industry. • China’s slowdown is stabilising with more measured policy responses. • India’s demand and investment growth remain resilient. • East Asia is reshaping through decarbonisation and offshoring. • Southeast Asia is expanding capacity while navigating trade and policy challenges. In this shifting landscape, the steel community must come together to understand the opportunities ahead. Kallanish Commodities Asia Steel Markets 2026 is the key event to do just that — and bookings are now open. https://lnkd.in/e-rfQhTP

Steel prices look down, China VAT crackdown talk resurfaces. Iron ore slipped below $100/t, Chinese and US HRC prices fell, and VAT-evading export chatter returned to the spotlight. Read more on Kallanish Steel Weekly 👉 https://lnkd.in/dNbxzzdS #Steel #IronOre #HRC #China #US #EU #Trade

🚨 Webinar Alert | 3rd Sept, 3:00 PM IST 🚨 India continues to shine as a bright spot in global steel growth, even as China and the EU face slowing momentum. But as we move into Q3 of FY26, the Indian steel sector is navigating a complex landscape—policy shifts, demand uncertainty, raw material challenges, and the accelerating push toward green steel. Join us for this Kallanish Commodities webinar where industry leaders will unpack what lies ahead for India’s steel industry: ✅ How safeguard duties & BIS norms are reshaping trade flows ✅ Whether demand weakness will persist into Q3 FY26 ✅ The balancing act between growth and decarbonisation ✅ Shifts in raw material procurement strategies ✅ India’s role in an evolving global steel trade map 🎙️ Featured Speakers: #VinodGupta, Steel Authority of India Limited #RVSridhar Nikunj Turakhia, Steel Users Federation of India (SUFI) 📅 Date: 3rd September 🕒 Time: 3:00 PM IST 👉 Don’t miss this deep dive into the future of India’s steel sector. 🔗https://lnkd.in/ewMNyK63

Australian miner Fortescue saw its net profit plunge 41% year-on-year to $3.37 billion in the financial year ended 30 June 2025 (FY25) amid lower iron ore prices, Kallanish notes. Read more in today's #steel news: https://lnkd.in/dvjQ2aYV

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A #US-based association is claiming that MMG’s acquisition of Anglo American’s #nickel assets in #Brazil will exacerbate vulnerabilities in the mineral’s supply chain. The American Iron and Steel Institute (AISI) has asked the Office of the US Trade Representative (USTR) “to raise these concerns with the Brazilian government” as part of a public consultation opened for a Section 301 investigation into Brazil’s “unfair, preferential tariffs” and “anti-corruption enforcement,” amid other issues. Read more on Kallanish #batterymaterials news👇 https://lnkd.in/driMRXu9