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Digest
Up one level- A reverse summer lull
- China steel market booming, but steel demand growth about to slow dramatically
- Lower USA spot sheet prices; rising prices elsewhere
- The new 'king' of the mountain -- Mittal Steel
- 2005 -- A repeat of 2004?
- Buyers bottom-fishing
- WSD's replay of its start-of-year industry conference call
- China's not a long-term threat
- World hot-rolled band export price may have peaked
- Volcanic eruption in steelmakers' costs since 2002
- Steel mills' cash flows surge
- What's the global steel pricing outlook for the second half of 2004?
- Hot-rolled band spot pricing remains under pressure
- USA steel output unusually low. Chinese steel output unsustainably high
- What's the outlook for Chinese steel production?
- The herd follows the trend
- Temperature shows early signs of rising to the boiling point outside of China
- New Pieces to the Chinese Steel Puzzle
- Chinese steel production unsustainable
- Market in early recovery
- Chinese steel sheet market vacillating at "death spiral" levels
- World HRB export price down about $20 per tonne
- Drama intensifies for the world’s #1 steel producer
- Steel Sheet Shortage Odds Raised to 50%
- Tenacity and a potent public relations effort wins the prize
- Hot-rolled band prices still soaring
- Buyers win two rounds in steel’s boxing ring
- China’s export tax rebate for steel products cut to 8% from 11%
- China’s export tax rebate on steel products was cut to 8% from 11%. Might the long-anticipated move drive down the Chinese hot-rolled band (HRB) domestic price by $15 per tonne, rather than dampen exports?
- New World Cost Curve published
- Steel sheet markets "sticky" on the downside.
- China price remains "disconnected" from the world
- Hot-rolled band shortage odds boosted to 70% from 65%
- The HRB steel shortage of 2007
- Summer swoon. World export and USA hot-rolled band spot prices set to weaken.
- Chinese steel exports not yet restrained
- World-Class Steelmakers positioned to win. Winners get stronger. Losers get weaker.
- World HRB price may bottom as soon as September 2007.
- World HRB export price upturn likely despite growing Chinese oversupply.