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

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February 2013 | Steel Raw Materials


MBR's Raw Materials Index strengthened in the final week of February: Latest Analysis


Iron ore prices finally relent, recording declines in late February.

MBR's Raw Materials Index strengthened in the final week of February, reaching a level last seen in early January 2013. The 0.63% week-on-week gain came on the back of an increase in Asian import HMS No1 and Chinese coke prices. Expected raw materials price increases next month will boost the index’ performance as well. MBR's Global Steel Price Index also recorded gains this week, rising 0.29% week-on-week. Iron ore prices have...

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