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Early publication of iron ore DR-grade pellet premium indicator
Fastmarkets’ iron ore DR-grade pellet premium indicator was published earlier than scheduled due to an error on Wednesday December 11.
December 11, 2024
·
By Vlada Novokreshchenova
Insights
China’s next strategic move: Overseas investments in high-grade iron ore
Jinnan Iron & Steel Group is the latest company to join the push to expand China's steelmaking footprint in the Middle East and is working with Brazil's Vale to establish an iron ore concentration plant at the Sohar Port and Freezone in Oman, Fastmarkets understands.
October 31, 2024
·
By Alice Li
Insights
Chinese nickel pig iron prices push up to 11-month high
Nickel pig iron (NPI) prices in China continued to climb in the week to Friday October 18, on an increase in tradbg amid positive sentiment, sources told Fastmarkets.
October 24, 2024
·
By Laura Li
Insights
Fastmarkets launches green prices for Asia long steel, China HRC as industry eyes sustainable future
There are more signs emerging of the green steel evolution in Asia, even as steelmakers seek to differentiate themselves with green certifications to edge ahead of competitors, market sources have told Fastmarkets.
October 8, 2024
·
By Paul Lim
Insights
What Vale’s latest Q4 pellet premiums tell us about the steelmaking sector in 2024
Brazilian miner Vale's fourth-quarter premiums for direct-reduced (DR) and blast furnace (BF) iron ore pellets have been adjusted to their lowest levels since the start of the year - but what does this key supplier's move reveal about the state of steelmaking in 2024?
October 8, 2024
·
By Norman Fong
Insights
Middle Eastern steelmakers pave the way for green steel: LME Week
Middle Eastern steelmakers are ramping-up their efforts to reduce carbon emissions, taking several bold steps toward this goal
September 30, 2024
·
By Serife Durmus
Insights
Proposal to amend iron ore 63% Fe Australia-origin lump ore premium index specifications
Fastmarkets proposes to amend the Fe base specification of its MB-IRO-0010 iron ore 63% Fe Australia-origin lump ore premium to more closely align with specifications of Australia high-grade iron ore lump.
August 13, 2024
·
By Alice Li
Insights
SGX iron ore 65% Fe contract sets new daily traded record
The Singapore Exchange’s (SGX) 65% Fe iron ore derivatives contract – which is settled against Fastmarkets’ daily index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao – set a new record for traded volumes at 1.22 million tonnes in a single day, according to SGX published data on Thursday August 8
August 9, 2024
·
By Norman Fong, Zdravko Cherkezov
Insights
Australian mining’s ESG conundrum
Amid the rising focus on environmental, social and governance (ESG) performance, the Australian mining industry faces a conundrum: maintain production at competitive levels or promote rigorous ESG standards
August 8, 2024
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By Callum Perry, Solomon Cefai, Alice Li, Laura Roberts
Insights
Hydrogen-based iron ore production far-off, risky in wartime – Ferrexpo
The use of green hydrogen to produce direct-reduced iron (DRI) is set to transform the steelmaking industry, an executive from Ferrexpo has said
July 22, 2024
·
By Shu Yi Zheng
Insights
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