FastMarkets

COKING COAL DAILY: New brands offered in cfr market; demand limited

The premium hard coking coal price stayed largely flat in both the cfr and fob markets on Friday April 9 due to weak demand from end-users, market sources told Fastmarkets.

CHINA STEEL SCRAP: Buyers consider higher bids amid renewed purchasing interest

Chinese ferrous scrap buyers are considering higher bids for imported heavy scrap, with steel mills in both east and northeast China looking to purchase more quantities in the coming weeks.

VIETNAM STEEL SCRAP: Prices rise further on strengthening steel market

Import prices for ferrous scrap in Vietnam are still increasing due to a strengthening downstream steel market, though the rate of increase has slowed, sources told Fastmarkets on Friday April...

FOCUS: India mulls over self-sufficient future without imported scrap

India is stepping back from importing ferrous scrap and aiming to become a more self-sufficient steelmaker. But what issues led to this change of tactics and how will it affect...

Ferrexpo produces more than 2.7 mln tonnes of high-grade iron ore pellet in Q1

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.

EXCLUSIVE: Tata Steel to offer shredded scrap to domestic market in India

Tata Steel’s recycling business in India is to offer domestically produced shredded material to the Indian market, adding to its existing offering, the company told Fastmarkets on Wednesday April 7.

PRICING NOTICE: Correction to Iron Ore 62% Fe Pilbara Blend Fines Differential, 62% Fe Pilbara Bl...

Fastmarkets has corrected its daily iron ore 62% Fe Pilbara Blend Fines Differential and 62% Fe Pilbara Blend Fines Index, which were published incorrectly on Tuesday April 6 due to...

PRICING NOTICE: End of open consultation on iron ore index methodologies

Fastmarkets opened a consultation on January 29, 2020, inviting feedback on its iron ore index methodologies in line with our annual methodology review process.

PRICING NOTICE: Proposal to amend iron ore blast furnace pellet index specifications

Fastmarkets is proposing amendments to the specifications of its index for iron ore 65% Fe blast furnace pellet, cfr Qingdao, $/tonne (MBIOI-PT).

PRICING NOTICE: Proposal to refine methodology for inclusion of floating price data in iron ore i...

Fastmarkets is proposing adjustments to its iron ore index methodologies to increase the transparency and predictability of its process for incorporating "floating price" information.