Research

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

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December 2014 | Steel Raw Materials


MBR Steel Raw Materials (SRM) Index climbs due to strengthening seaborne scrap benchmarks: Latest Analysis


Supply and demand fundamentals indicate that the Chinese iron ore market is relatively well-balanced; with major physical spot benchmarks finding support around $68-69/tonne, CFR Qingdao, over the past three weeks.

MBR Steel Raw Materials (SRM) Index climbs due to strengthening seaborne scrap benchmarks, while iron ore prices remain subdued Major seaborne scrap benchmarks rebounded from multiyear-lows over the past month, as limited supply availability tightened the market sufficiently to allow exporters to raise prices to Turkish...

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