Research

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

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July 2018 | Steel Raw Materials


Pellet over fines premium will remain high in short term: Latest Analysis


Your Steelmaking Raw Materials tracker of March 28th, the last issue prior to Q2, was 97% accurate across our sample of 14 Metal Bulletin benchmarks for the second quarter average spot price.

PELLET OVER FINES PREMIUM WILL REMAIN HIGH IN SHORT TERM The 65% Fe pellet index rose last week while the fines price dropped and pushed the already high pellet premium further up. The premium peaked in October 2017 at 97% ($58 per tonne) and despite shrinking during the following four months, it still remains elevated by historical standards. Behind the rising demand for...

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