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

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November 2019 | Steel Raw Materials


Pressure remains on seaborne steelmaking raw material prices: Latest Analysis


Prices for domestic steelmaking raw materials in China remain well above the seaborne quotes, while port iron ore tags have regained their competitiveness.

Pressure remains on seaborne steelmaking raw material prices despite persisting high premiums for Chinese domestic material Prices for domestic steelmaking raw materials in China remain well above the seaborne quotes, while port iron ore tags have regained their competitiveness. Accumulation of iron ore inventories through October has led a sharper weakening in port prices compared with seaborne tags. Port material was traded at a $0.20 per tonne discount to the 62% Fe cfr Qingdao...

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