Happy New Year! And welcome to 2021, may it be great and unique.

With our Weekly today, we look back at the last week of 2020.

We have already noticed that the year will not really end quietly. Because the signs continued to point to material shortages, rising prices and logistics challenges. In addition, China has taken a critical look at Jack Ma’s companies and initiated investigations against Alibaba and Ant Group, for example.

And here comes the review for calendar week 53 2020.

Weekly Steel Review
Weekly Steel Review 52/2020

The steel headlines of the week

China opens the door for steel scrap

Turkish stainless steel imports from China double in 2020

Alibaba: China launches anti-monopoly investigation

China tells Ant Group to return to its payments roots, imposes restrictions on it

Asian stainless steel mills withdraw offers as nickel soars

Malaysia imposes provisional anti-dumping duties on stainless flat steel from Indonesia and Vietnam

Supply chains collapse as container shortages persist

Maersk takes action to address U.S. export and trucker logistics issues

Seaborne manganese ore prices hit 10-week high on continued strength in port ore and alloy markets

UK steel protections remain in new trade deals: HMRC

Outlook for the coming week

The new year is here. Covid-19 vaccines take some of the edge off the pandemic. But it will take time to get back to normal. But the steel market is not much affected by this. And has set its signals to full throttle. We will of course continue to keep you up to date.

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