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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
The death of steel in automotive – fact or fiction?
At this year’s Steel Success Strategies conference in Miami, the expert steel automotive panel delved into the risks and opportunities facing steel in automotive production
July 15, 2022
·
By Kimberly Leppold
Insights
Pulp producers move to add tissue capacity in Brazil while smaller mills face cost pressures
Integrated and non-integrated paper producers see very different futures in the Brazilian market as former set to expand while the latter faces further cost challenges
July 13, 2022
·
Insights
Brazil’s soybean exports to China down 600k tonnes year on year
China's imports from Brazil fall, while Iran becomes the main corn importer
July 12, 2022
·
By Eduardo Tinti
Insights
China could increase bulk steel scrap buying in future if UK cargo passes customs: sources
The prospects for large volume trades in China’s import steel scrap market could hinge on whether a large United Kingdom-origin bulk cargo successfully passes Chinese customs checks later this year, sources told Fastmarkets
July 11, 2022
·
By Lee Allen, Olivia Zhang
Insights
Chilean tax reform sets royalties, tax for copper producers
The Chilean government has introduced a tax reform bill that, among other measures, would raise mining royalties on companies that produce more than 50,000 tonnes per year of copper, according to a release from the country’s ministry of finance
July 8, 2022
·
By Yasemin Esmen
Insights
Key Asia bulk import steel scrap markets record sharp rise amid pre-Eid buying
A raft of bookings for steel scrap in both Turkey and Pakistan this week ahead of the Islamic holy festival of Eid al-Adha has led to an acute rise in offer prices to key Asia bulk markets, sources told Fastmarkets
July 7, 2022
·
By Lee Allen, Tianran Zhao
Insights
Shagang cuts another $7 per tonne off steel scrap procurement price
Shagang Group, China's largest privately-owned steel producer in Jiangsu province, East China, has announced a 50 yuan ($7) per tonne cut to its scrap procurement prices due to lower steel scrap consumption by domestic steel mills amid thin profits or even losses, market sources said
July 6, 2022
·
By Olivia Zhang
Insights
Amendment to Bauxite fob Brazil specifications, publishing time
Fastmarkets has amended the specifications and publishing time of its price assessment for Bauxite fob Brazil following an extended consultation
June 30, 2022
·
By Carrie Bone
Insights
Steel industry well-positioned to benefit from global renewable energy push
With the world paying more attention to renewable power and decarbonization, huge investments have been put into grid infrastructure and technology
June 29, 2022
·
By Tianran Zhao
Insights
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