Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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March 2010 | Steel Raw Materials


Iron ore, scrap prices rise: Latest Analysis


Internatinal scrap prices rose again.



 

  • For the sixth consecutive week, MBR’s Steel Raw Materials Index recorded a week-on-week increase. This week’s 1.5% rise is attributed to increases in iron ore spot prices as well as scrap price gains in all the major consuming markets.

 

Indeed, international scrap prices rose again this week, adding another $20-40/tonne cfr for Asian and Turkish buyers. But, finished steel...

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