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

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February 2020 | Steel Raw Materials


Chinese demand shows increasing signs of falling, but upside risks increase in H2: Latest Analysis


We believe the risks of a sharper downturn will increase in the short term given the starker developments downstream.

Chinese demand shows increasing signs of falling, but upside risks increase in H2 According to the China Iron & Steel Association (CISA), iron (BFI) and steel (crude) production finally plummeted in the middle of February; the latest period available. Should the downtrend have continued – effectively since February 20 - then downside risks to steelmaking raw materials will increase. We believe the risks of a sharper downturn will increase in the short term...

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