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    • China pushes for lower energy consumption and carbon emissions with steel production cuts
      Chinese domestic authorities are in discussions to implement tighter targets on crude steel production across the country, in a bid to reduce energy consumption and carbon emissions, Fastmarkets understands
      June 20, 2024
       · 
      By Norman Fong, Jessica Zong, Zihuan Pan, Jessica Long, Alice Li, Bella Cheng
      Insights
    • Delayed publication of iron ore DR grade pellet premium indicator
      The publication of Fastmarkets’ MB-IRO-0186 iron ore DR grade pellet premium indicator for Wednesday June 12 was delayed due to an error in the review process.
      June 12, 2024
       · 
      By Vlada Novokreshchenova
      Insights
    • hot steel blanks coming out of furnace
      China’s ‘special action plan for carbon reduction’ likely to shrink demand for traditional steelmaking raw materials
      A “special action plan for carbon reduction” unveiled by China's National Development & Reform Commission (NDRC) will reduce the need for coking coal and iron ore by focusing on upgrading existing equipment and the switch to electric-arc furnaces, sources told Fastmarkets this week
      June 12, 2024
       · 
      By Bella Cheng
      Insights
    • Correction to magnetite-hematite pellet feed price differential on May 13
      Fastmarkets has corrected its MB-IRO-0190 Iron ore spot 67.5% Fe magnetite-hematite pellet feed price differential, cfr Qingdao, $/tonne, which was published incorrectly on Monday May 13.
      May 13, 2024
       · 
      By Shu Yi Zheng
      Insights
    • Iron ore mine
      Decarbonization in the steel industry creating two-tiered iron ore market
      The iron ore market is expected to diverge into two segments in line with the steelmaking industry’s march toward reducing carbon emissions, Fastmarkets learned at the 2024 Singapore Iron Ore Forum (SIOF) on Tuesday May 7
      May 10, 2024
       · 
      By Norman Fong
      Insights
    • Delayed publication of lithium, iron ore, Chinese ferrous prices
      The publication of Fastmarkets’ lithium, iron ore and Chinese ferrous prices for Monday April 22 were delayed because of technical issues.
      April 22, 2024
       · 
      By Justin Yang
      Insights
    • China’s 5% growth target for 2024 fails to satisfy ferrous market expectation
      The Chinese government has set a 5% target for growth of the country’s gross domestic product (GDP) in 2024, compared with the increase of 5.2% in 2023, according to a Government Work Report released by Premier Minister Qiang Li on Tuesday March 5 in Beijing
      March 6, 2024
       · 
      By the Fastmarkets team
      Insights
    • Iron Ore Mining
      Brazilian DR iron ore pellet premiums expected to slip in Q2, in line with softer buying interest
      Premiums for direct-reduced (DR) iron ore pellet from Brazil are expected to move lower in the second quarter of the year in response to weaker demand from major importers amid increasing inventory, sources told Fastmarkets
      March 5, 2024
       · 
      By Marina Shulga, Norman Fong
      Insights
    • Open consultation on methodology for Fastmarkets’ iron ore indices
      Fastmarkets is inviting feedback from the industry on the pricing methodology for its iron ore indices, as part of its announced annual methodology review process.
      February 22, 2024
       · 
      By Alice Li
      Insights
    • Sphere, Pebble, Rock
      Iron ore pellet feed premium capped by rising supply and uncertain demand outlook
      Trading activity for pellet feed imported into China increased in the week to Friday January 19, with more tenders from Australia. The pellet feed premium, however, continued to face downward pressure from uncertain demand outlook among market participants, sources told Fastmarkets
      February 6, 2024
       · 
      By Alice Li
      Insights
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