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

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October 2019 | Steel Raw Materials


Iron ore prices resume a downtrend, while a pick-up in Turkey scrap prices likely to be temporary: Latest Analysis


Seaborne coking coal prices may find some support from elevated premiums for Chinese domestic material, as well as declining export volumes out of Australia.

Iron ore prices resume a downtrend, while a pick-up in Turkey scrap prices likely to be temporary Iron ore prices resumed a downtrend amid slackening fundamentals. October may be the last of the strong months for steel consumption in China, at least for outdoor construction applications, before the winter weather begins, but steel production and in-turn demand for blast furnace iron and iron ore tends to decline in advance. And the latest supply and demand...

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