Research

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

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October 2013 | Steel Raw Materials


Iron ore prices are expected to remain stable for the weeks following the Golden Week holiday: Latest Analysis


Some CIS and Brazilian merchant pig iron producers edged prices lower in tandem with falling scrap benchmarks and weak consumption.

MBR's Steel Raw Material Index recorded a moderate increase of 1.32% this week, owing to higher coke prices and freight rates. An anticipated decline in US domestic scrap prices, along with weaker iron ore prices, this month will likely lead to declines in the index. MBR's Global Steel Price Index fell modestly, as Chinese finished steel prices weakened owing to oversupply issues. Spot iron ore prices fluctuated in a narrow...

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