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21 December 2018
As suppliers in the north are not exposed to changes in the domestic market, the premium for lower-phosphorous MPI in the north of Brazil over that in the south-eastern ports widened in the third quarter and further in the fourth quarter-to-date, as the first chart alongside illustrates.
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21 December 2018
Announced winter cuts, in particular to blast furnace (BF) iron output, in theory might lead to higher scrap demand, should steel output not fall at the same pace, but we do not expect that to happen this year.
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21 December 2018
Narrow sales margins may be discouraging CIS pig iron producers from exporting the product.
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21 December 2018
Downloadable Excel files with Fastmarkets' pricing and other Steel Scrap & Metallics Market Tracker statistics. December 2018
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21 December 2018
Unsurprisingly, export volumes dropped while domestic demand rose in the year-to-date.
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21 December 2018
Fastmarkets MB’s price for Northern Europe origin HMS 1&2 (80:20) fell 8.4% month-on-month to a December average of $298.51 per with Turkish mills and scrap merchants unable to agree prices.
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21 December 2018
The stronger performance in Pacific prices was triggered by a rise in demand for lower-grade Australian iron ore from Chinese mill
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21 December 2018
A roundup of historical and forecast Prices for December 2018
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21 December 2018
A roundup of Monthly Trade data for December 2018
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21 December 2018
Stronger domestic scrap demand insulated US market prices somewhat against the fall in export markets, we believe.
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21 December 2018
Tighter steel margins in China have also contributed to a pickup in demand for lower-cost Australian-origin iron ore, with the strongest rise in capesize freight rates over the last month coming on the key shipment route from Dampier to Qingdao.