Research

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

Change font size:   

October 2014 | Steel Raw Materials


Prices buoyed by post-holiday restocking: Iron Ore Market Analysis


Chinese iron ore inventories at major ports extended their declines from the recent record highs owing to the aforementioned draw-down on this material.

Daily physical spot iron ore prices hovered around the $80/tonne mark towards the end of last week, as Chinese mills slowly returned to the market following the week-long National Golden Week holiday. MBR understands that some traders who returned to the market late last week chose to replenish depleted mill inventories from domestic port stocks, rather than place new orders for larger volumes from the seaborne market. As a result, Metal Bulletin’s Daily Spot 62% Fe Iron Ore Index...

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 it’s published.

Subscribe


Already subscribed?