March 2011 | Steel Raw Materials
MBR’s Steel Raw Material’s Index showed a minimal change this week: Latest Analysis
Iron ore prices have been ahead of other raw materials in this price weakening spell.
MBRs Steel Raw Materials Index showed a minimal change this week falling slightly to 207.78, a fall of 0.4% on the previous week.Our view is very much that there will be further falls in coking coal prices in the next two weeks. This will be in line with market expectations of looser supplies, but will be limited by slow steel demand...
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