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

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April 2018 | Steel Raw Materials


A strong quarter for Chinese crude steel: Latest Analysis


Further capacity cuts in the steel sector are expected at a rate of 30 million tonnes this year for steel and 60 million tonnes for coking coal.

A STRONG QUARTER FOR CHINESE CRUDE STEEL... The latest figures published by the National Bureau of Statistics of China on Tuesday April 17 painted a bullish picture of the first quarter. Crude steel output grew 5.4% year on year to reach 212 million tonnes in the first three months this year. It confirmed that crude steel production continued to grow in China despite the government’s measures to cap blast furnace utilization...

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