April 2013 | Steel Raw Materials
Low scrap inventories will bring Turkish mills back to the market this week: Latest Analysis
We expect that China's coking coal and coke spot prices will be placed under pressure in the short term.
MBRs Steel Raw Materials Index recorded a slight increase this week, rising 0.58% week-on-week. The minor gains this week came on the back of increasing iron ore and Asian scrap import prices. MBR's Global Steel Price Index fell 0.36% week-on-week, as retreating long products price in the CIS region led the declines.
Chinese imported coking coal and domestic coke spot prices continued to remain relatively stable this week, but may lose momentum in the...
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