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Europe to redraw iron ore supply lines after Russia’s invasion forces Ukrainian miner to halt operations
Europe will have to rethink its iron ore supply lines after major producer Metinvest was forced to shut three mining and processing operations, because of logistics issues caused by Russia's invasion of Ukraine, the GMK Center think-tank told Fastmarkets this week
July 8, 2022
·
By Paul Lim
Insights
China’s steel decarbonization journey could be long, challenging
China is working toward decarbonizing its steel industry – which accounts for around 15% of total emissions from the Chinese manufacturing sector. But several market participants believe that the road to decarbonization will be a long one
July 1, 2022
·
By Alex Theo
Insights
Gap for 62-65% Fe iron ore narrows amid stronger demand for mid-grade fines
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
June 9, 2022
·
By Paul Lim
Insights
‘Green steel’ premiums to become commonplace within the next decade
Additional premiums for low-carbon ‘green steel’ are still a niche market, but will they become the norm in the next three-to-10 years? The answer is yes, according to the expert panelists at Fastmarkets’ International Iron Ore conference in Düsseldorf, Germany, in early June
June 9, 2022
·
Insights
Iron ore concentrate, pellet prices track uptick in fines segment; demand remains limited
Seaborne iron ore concentrate and pellet prices rose during the week ending on Friday June 3, tracking the upward momentum in the iron ore fines segment, market sources said
June 6, 2022
·
By Alex Theo
Insights
India sets export duties on steel, steelmaking raw materials
India has started to impose a 15% export duty on iron and steel products and raised the export duty on steelmaking raw materials such as iron ore to 50%
May 23, 2022
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By Suresh Nair
Insights
US steelmaking raw material imports rise in March vs Feb
US imports of steelmaking raw materials rose by 7.46% month on month in March, with higher ferrous scrap and pig iron volumes outweighing declines in shipments of direct-reduced iron (DRI), according to the latest data from the US Census Bureau
May 17, 2022
·
By Arthur Robert
Insights
3 reasons why demand for high-grade iron ore in China is likely to remain limited
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
May 11, 2022
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By Alex Theo
Insights
Iron ore concentrate, pellet prices track uptick in fines segment
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
May 9, 2022
·
By Alex Theo
Insights
End of open consultation on iron ore indices
Fastmarkets invited feedback on the pricing methodology for its iron ore indices via an open consultation launched on March 2. This one-month consultation was done as part of our published annual methodology review process
May 9, 2022
·
By Jane Fan
Insights
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