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

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February 2020 | Steel Raw Materials

Pressure mounts from weaker finished steel markets: Latest Analysis

Steel-to-hot-metal spreads shrank sharply last week, adding pressure on raw material markets.

Pressure mounts from weaker finished steel markets A 3% rise in per-day output in January for China's iron and steel production is relatively unusual coming on the back of unsurprisingly stable finished (saleable) steel production. At the same time, we estimate that mills' inventories of finished steel increased significantly month-on-month in the period. Combined with the large rise of stocks at service centres, this...


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