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Paul Lim

Asia steel and raw materials editor
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Seaborne iron ore prices are seeing narrower 62-65% Fe spreads amid stronger preference for mid-grade fines and stable demand from buyers, sources told Fastmarkets on Wednesday June 8
The 2022 Singapore Steel Forum, located in the plush surroundings of the iconic Marina Bay Sands hotel, provided the ideal setting for market participants to discuss the hottest steel topics of the day last week
India may become increasingly absent from the global seaborne steel markets following the introduction of an export duty at a rate of 15% on a raft of steel products, sources told Fastmarkets
Ukraine will likely turn into a net importer of steel once the war situation eases and reconstruction efforts start, Stanislav Zinchenko, chief executive of Ukraine-based think tank GMK Center, said at the Singapore Steel Forum on Thursday May 19
New trade settlement methods that are emerging in spot steel transactions against the backdrop of the worsening Ukraine-Russia war may indicate a lasting shift in the global steel marketplace, market sources told Fastmarkets recently
Imported steel scrap prices in key market Vietnam were lower this past week amid weak demand from steelmakers, which are facing depressed long steel prices in the domestic markets and high inventories
Japanese buyers are increasing their bids for ferrous scrap to prevent exports of the steelmaking raw material, hoping to feed domestic steel production amid solid demand and healthy margins
China is shaping up to be a major steel slab supplier to the rest of the world amid shortages resulting from Russia’s invasion of Ukraine
The proposed Nimba Iron Ore Project, owned and managed by High Power Exploration (HPX), may well emerge as the jewel of African high-grade iron ore supply, especially as development of new deposits continues in Liberia and Guinea, which could disrupt the iron ore supply landscape in the future
There is an increasing likelihood that Russian hot-rolled coil might be sold through Chinese channels in the near term due to the mounting sanctions being imposed on Russian oligarchs and businesses, a trader in Asia told Fastmarkets on Friday March 11.
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