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

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January 2015 | Steel Raw Materials


Steel Raw Materials (SRM) Index extends recent declines: Latest Analysis


A cargo of 62% Fe MNP (MAC, Newman or Pilbara Blend) fines was sold at a new low of $63.5/t on 26th January.

Steel Raw Materials (SRM) Index extends recent declines, as Chinese mills maintain lean purchasing programmes Many Chinese steel producers have responded to deteriorating margins by maintaining lean steel raw material purchases over the past week. As a result, coking coal and, in particular, iron ore benchmarks closed the week at new lows. Metal...

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