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High-grade iron ore premiums dip further despite increased consumption
Premiums for high-grade iron ore continued to slide on Friday August 26 in line with poor import demand from the Chinese market amid an increase in average forward-month prices over the trading week, sources told Fastmarkets
August 29, 2022
·
By Norman Fong
Insights
Southeast Asia’s blast furnace capacity set for 25% growth
Blast furnace (BF)-based steelmaking capacity in Southeast Asia could balloon by 25% over the next few years with the emergence of new projects, the South East Asia Iron & Steel Institute (Seaisi) said recently
August 25, 2022
·
By Lee Allen, Paul Lim
Insights
India’s beneficiation of low-grade iron ore could result in new trade patterns
India's push toward the beneficiation of low-grade iron ore could result in new trade patterns emerging in the future if implemented, market sources told Fastmarkets this week
August 19, 2022
·
By Paul Lim
Insights
Correction to Fastmarkets’ iron ore 62% Fe fines, fot Qingdao indices
Fastmarkets has corrected the price for its iron ore 62% Fe fines, fot Qingdao, yuan/wet tonne (MB-IRO-0011) and iron ore 62% Fe fines, fot Qingdao, $/tonne conversion (MB-IRO-0022) indices, which were published incorrectly on Thursday August 18 due to a technical error.
August 18, 2022
·
By Paul Lim
Insights
Thin buying, volatile markets keep iron ore prices moves rangebound
Movements in seaborne iron ore prices were largely rangebound on Wednesday July 27 amid thin buying interest and market volatility, sources told Fastmarkets
July 27, 2022
·
By Alex Theo
Insights
Limited demand continues to pull high-grade iron ore prices down
Seaborne iron ore concentrate and pellet prices fell during the week to Friday July 15 amid limited demand from steelmakers, market sources said
July 18, 2022
·
By Alex Theo
Insights
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
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