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

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June 2010 | Steel Raw Materials


MBR’s Steel Raw Materials Index fell 1.8% week-on-week making more than two straight months worth of weekly declines: Latest Analysis


Scrap prices are largely unchanged this month, although prices in Asia are likely to struggle to maintain stability.

MBR’s Steel Raw Materials Index fell 1.8% week-on-week making more than two straight months worth of weekly declines. Much of the weakness is attributed to price declines in iron ore and coke, as well as a slide in freight rates. @font-face { font-family: Wingdings; } @font-face { font-family: Calibri; } @font-face { font-family: ZapfDingbats; } @font-face { font-family: FagoNoRegularLF-Roman; } @font-face { font-family: FagoNoExbLf-Italic; } @page Section1 {size: 612.0pt 792.0pt; margin: 72.0pt 90.0pt 72.0pt 90.0pt; mso-header-margin: 36.0pt; mso-footer-margin: 36.0pt; mso-paper-source: 0; } P.MsoNormal { FONT-SIZE: 11pt; MARGIN: 0cm 0cm 10pt; LINE-HEIGHT: 115%; FONT-FAMILY: Calibri; mso-style-parent: ""; mso-pagination: widow-orphan; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-language: EN-US } LI.MsoNormal { FONT-SIZE: 11pt; MARGIN: 0cm 0cm 10pt; LINE-HEIGHT: 115%; FONT-FAMILY: Calibri; mso-style-parent: ""; mso-pagination: widow-orphan;...

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