Research

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

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September 2018 | Steel Raw Materials


August price rises suggest steelmakers expect a strong autumn: Iron Ore Market Analysis


Steelmaking productivity has been key again over recent months and notably during May and June when we calculate that CISA-member mills shipped a record amount of finished steel.

The modestly negative trend in most Chinese iron ore prices continued through the final week of August, finally bringing down the value of surging pellet. Nevertheless, August overall proved to be a fourth consecutive month in which our pellet import index rose. After an impressive 14.5% month-on-month price increase in July, the pellet price gained another 14.8% last month; a record $19 per tonne. Based on recent history, the last time pellet prices or...

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