SMS Aust 18 Nov24

November 18, 2024 Steel Market Summary – Australia Second Coming Of Trump Heralds Volatile Era  Donald Trump wants to re-shape the world in his own image: and this time he´s not going to pussy-foot around. His decision-making over the next four years won´t be restrained by the fear of electoral consequences – because the constitution […]

SMS-Int Nov24

November 6, 2024 Steel Market Summary – International Under-Performing Global Market Blames Cheap Chinese Exports   It is commonplace to hold someone else responsible for a bad outcome in which you played a crucial role. Take the Chinese, for example. At present, they are being internationally condemned for “flooding the market” with cheap exports; for dumping […]

NZN Nov24

November 6, 2024 New Zealand News Predicted Steel Slowdown Hitting Hard The slowdown in steel market conditions in New Zealand has prompted Vulcan Steel to issue a bleak market update on trading conditions and the company’s performance for the September quarter of calendar 2024, which is the first quarter of the 2025 financial year (FY25). […]

SMS-Aust 6 Nov24

November 6, 2024 Steel Market Summary – Australia The Inflation That Stops The Nation  The decision this week by the Reserve Bank of Australia (RBA) to keep interest rates on hold at 4.35% was predicated on inflation still being too high and thus stopping the economy from functioning properly. With GDP stuck at 0.2% over […]