Research

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

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February 2018 | Steel Raw Materials


Fines price remains firm as Chinese holiday ends: Iron Ore Market Analysis


The iron ore stocks at Chinese ports in February have been rising at their fastest pace in four months.

The iron ore fines benchmark held firm last week as buyers returned to the market. As the Lunar New Year holiday came to an end last week, traders returned to the seaborne market. Yet, the increased level of activity has not provided a significant boost to iron ore prices. Metal Bulletin’s Index for 62% Fe fines increased 1.06% from the week before, settling at $78.46 per tonne on average the...

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