November 2013 | Steel Raw Materials
MBR's Steel Raw Materials Index surged higher this week: Latest Analysis
China’s economy continued to show signs of a recovery, as both the Chinese official and HSBC PMIs maintained high levels.
MBR's Steel Raw Materials Index surged higher this week, rising 1.82% week-on-week and marking the fourth consecutive week of increases. Firm Turkish scrap import prices contributed to the strength of the index mitigating modest declines in freight rates. Meanwhile, MBR's Global Steel Price Index rose 0.58% week-on-week owing to increases in Chinese domestic finished steel prices.
Chinese import iron ore prices rose over the last week,...
ACCESS RESTRICTED
You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.
SUBSCRIBE
Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as its published.
Subscribe