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Week 52 of 2020 was somewhat quieter than the previous steel week. However, it was again dominated by rising prices, especially on the European and US markets. However, the topic of freight and supply bottlenecks for containers will probably remain with us.

Let’s take a quick look at the important headlines of calendar week 52 2020.

Weekly Steel Review
Weekly Steel Review 52/2020

The steel headlines of the week

US prices for cold-rolled coils and galvanized sheets rise

German steel trade inventories fall to multi-year low as demand picks up

Fitch rates Commercial Metals ‘BB+’; outlook stable

Stainless steel gains momentum through 2021

Container shipping 2021: hangover or party on?

US steel supply to remain tight in 1st quarter

Hot-rolled coil: European prices continue to rise due to ongoing domestic shortages

India: Anti-dumping duties on certain steel imports

Outlook for the week ahead

We are approaching the turn of the year 2020/2021 with big steps. Especially in Western countries, little happens at this time. But since many things are different this year, we’ll just wait and see. We will of course continue to keep you informed.

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