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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.
April 5, 2021
·
Insights
FOCUS: Asia to be hit by ‘steel tsunami’ very soon
Asia will soon be hit by a “steel tsunami”, a veteran trader in Vietnam told Fastmarkets recently, with a combination of factors expected to keep prices high into the second and third quarters of 2021.
March 29, 2021
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By Alex Theo
Insights
Global crude steel output up 4% in February – Worldsteel
Total crude steel output across 64 major producer countries was 150.2 million tonnes in February 2021, down by 8% month on month but up by 4% from February 2020, the World Steel Association (Worldsteel) said on March 23.
March 24, 2021
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By Alice Li
Insights
COMMENT: Could China’s ferro-chrome futures be a game-changer?
The Shanghai Futures Exchange’s plans to list ferro-chrome futures, potentially this year, will bring welcomed hedging opportunities and may weaken the dominance of China’s stainless steel mills in the ore and alloy markets, participants told Fastmarkets.
March 23, 2021
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By Jon Stibbs
Insights
Ukrainian government mulls retail sunoil price regulation
Ukraine’s government has proposed a package of measures to retailers and sunseed crushers in a bid to stabilize domestic...
March 15, 2021
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By Veronika Prykhodko, Anna Platonova
Insights
STEEL SCRAP WRAP: Global steel market downturn softens scrap appetites, prices
Increasing scrap flows and bearish appetites led to softer prices in the majority of international steel scrap markets in the week to Friday March 12.
March 13, 2021
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By Amy Hinton
Insights
Iran’s SLAL books second parcel of Indian barley
Indian exporters have sold a second cargo of feed barley to an Iranian state importer for prompt shipment via a tender...
March 12, 2021
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By Masha Belikova
Insights
COKING COAL DAILY: Premium fob price slips on weak demand outside China
The seaborne premium hard coking coal fob market was quiet on Friday March 12 in the absence of buyers in the ex-China market.
March 12, 2021
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By Alice Li
Insights
BANGLADESH STEEL SCRAP: Prices slide despite high freight costs
New transactions concluded for containerized steel scrap cargoes sold to Bangladesh fetched lower prices over the past week, sources told Fastmarkets.
March 12, 2021
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By Lee Allen
Insights
Steel prices in times of crisis
Understanding the events of 2008 versus 2020 as experienced across the leading steel-producing regions
March 11, 2021
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Insights
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