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Steel’s future is being forged in a crucible of competing demands. As the global push for greener production gains momentum, today’s market continues to favor low-cost, lower-grade ores. This “iron ore paradox” puts producers, investors and policymakers at a pivotal intersection. While economic realities make lower-grade ores attractive now, the industry can’t ignore the drive to decarbonize steel production.
The SGX 65% Fe iron ore futures contract reached record trading volumes as Chinese steelmakers sought high-grade ores amid tighter production restrictions. This surge underscores the growing role of premium-grade iron ore derivatives in global steel and raw materials markets.
Fastmarkets proposes to launch a new monthly price assessment for green petroleum coke, 1.5% S, in-whs ARA, $/tonne.
Steel prices in the US would be weaker if not artificially propped up by trade tariff pressures as underlying demand is depressed, several market participants told Fastmarkets on Friday August 8.
The rationale for MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao index on Friday August 8 had erroneously omitted the judgment for carry-over step.The rationale entry has been corrected as follows: Fastmarkets’ index for iron ore 65% Fe Brazil-origin fines, CFR Qingdao fell by $0.08 per tonne from the previous day. The price movement was based […]
The publication of the affected price was delayed for 29 minutes. The following assessment was published late: MB-ZN-0110 Zinc spot concentrate TC, cif China, $/per tonne This price is a part of the Fastmarkets Base Metals Physical Prices package. For more information or to provide feedback on the delayed publication of this price or if you […]
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