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

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September 2012 | Steel Raw Materials


MBR's Steel Raw Materials Index fell 0.37% week-on-week: Latest Analysis


QE3 is unlikely to signal the start of raw material price improvements.

MBR's Steel Raw Materials Index fell 0.37% week-on-week, as declines in coking coal and scrap prices weighed on the index. There has been some optimism surrounding the potential for steel demand growth and output following the passing of stimulus measures but we have yet to see much turnaround in prices, except iron ore. MBR's Global Steel Price Index was stable at 113.45, with little effect...

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