Research

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

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September 2016 | Steel Raw Materials


Chinese blast furnace pellet premiums climb higher as mills move away from coke: Latest Analysis


MBR expects Chinese steel market sentiment will become more bearish through September given that the rebound in steel consumption from the construction sector has yet to materialise.

While uncertainty on direction of steel prices shrouds the domestic market, some Chinese mills have preferred to procure relatively high grade iron ore in response to recent less cost competitive hard coking coal and metallurgical coke costs. These blast furnaces should also experience an improvement in blast furnace productivity and efficiency with an increase in the...

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