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Alex Theo

Senior price reporter
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At least three reasons have been identified by market participants as the key factors constraining demand for high-grade iron ore concentrate and pellet in China - in turn, prompting premium levels to narrow
Seaborne iron ore concentrate and pellet prices rose slightly in the week ended Friday May 6, tracking the upward momentum in the iron ore fines segment, market sources said
Seaborne iron ore prices fell on Monday April 11 due to depressed market sentiment prompted by the rise in Covid-19 cases in China, sources told Fastmarkets
Seaborne iron ore prices fell sharply on Monday March 14, amid rising concerns over the increase in new Covid-19 cases in several areas in China and the weakening of demand for steel, sources told Fastmarkets
Steelmakers will need to adapt quickly to the burgeoning decarbonization movement in Asia to remain relevant, Gunung Capital managing partner Kelvin Fu told Fastmarkets in an interview
Tianjin’s mass Covid-19 testing hammers commodity port ops, transport
China’s road to decarbonization caused quite a stir in the steelmaking raw materials segment in 2021, and market participants expect more uncertainties in 2022
Market chatter about China possibly imposing new export taxes for steel as part of commodity price cooling measures has been rampant in the past week, causing traders and market participants to re-think their trading strategies, and overseas buyers to consider a potential supply shortfall.
The first shipment of iron ore to leave Angola since 1976 left the Cutato mine in Cuando Cubango province by rail on April 10-11, according to Jamie van Reijendam, general manager of global trade at London trading house Ronly
Ukraine’s Ferrexpo produced 2.71 million tonnes of high-grade iron ore pellet in the first quarter of 2021, the company said this week.
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