Research

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

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June 2015 | Steel Raw Materials


Major seaborne iron ore benchmarks breach $65/t level: Latest Analysis


Chinese steel mills’ reluctance in scaling back production more quickly reflects their dilemma over securing profits or maintaining liquidity.

MAJOR SEABORNE IRON ORE BENCHMARKS BREACH $65/T LEVEL, BUT QUICKLY LOSE MOMENTUM Marked declines in major Chinese iron ore port inventories continued to provide modest support to iron import prices through the end of last week, as traders placed more orders for material on the spot seaborne market. Consequently, Metal Bulletin’s 62%...

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