Research

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

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February 2020 | Steel Raw Materials


65% Fe iron ore premiums recover further while PHCC premiums will likely come under pressure: Latest Analysis


The premium for 65% iron ore fines over the 62% benchmark jumped to $15.48 per tonne or 19% in the past three days, continuing the trend observed for the past five months amid improved demand for higher-grade ores.

65% Fe iron ore premiums recover further while PHCC premiums will likely come under pressure Concerns about potential supply disruptions due to the heavy rainfall in Brazil have moderated the price fall for high-grade fines. The south-eastern state of Minas Gerais has been subject to a record amount of rain and experiences the heaviest rainfall in 110 years. Some companies have been forced to suspend railway transportation of raw materials to the...

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