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

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February 2019 | Steel Raw Materials


Iron ore, coking coal price forecasts upwardly revised on supply-side factors: Latest Analysis


Given the import restrictions and tightness in the Chinese domestic coking coal market, we believe upward momentum in prices is likely to continue at least in the near term and we have also upwardly revised our forecasts.

Iron ore, coking coal price forecasts upwardly revised on supply-side factors Following the dam collapse on January 25, Vale has declared force majeure on a number of related iron ore and pellets sales contracts, it announced on February 5. Our editorial team has also heard reports of steelmakers receiving force majeure notifications on pellet contracts from Vale this week. At the time of writing the disaster has resulted in a production halt at the Brucutu mine which has a capacity of 30 million tonnes per year. And...

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