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

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February 2014 | Steel Raw Materials


MBR’s Steel Raw Materials (STRM) Index was unchanged week-on-week at 169 points: Latest Analysis


Some US coking coal producers have been particularly aggressive in selling material into Europe over the past month.

MBR’s Steel Raw Materials (STRM) Index was unchanged week-on-week at 169 points, as major raw material benchmarks remained flat owing largely to the inactivity of Chinese market participants who have been absent while they celebrate the Lunar New Year. That said, JEHMA freight rates witnessed further sharp declines of 9.7% week-on-week, but this was mitigated in the overall index by modest increases in Turkish A3 scrap import prices this week. Iron ore prices...

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