Research

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

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June 2018 | Steel Raw Materials


The iron ore market has started to lose momentum: Latest Analysis


Traditionally an inverse relationship between integrated mills’ major raw materials occurs when blast furnace productivity becomes less important.

The iron ore market has started to lose momentum... This week the Metal Bulletin Iron Ore Index for 62% Fe fines (MBIOI62) has started to slide, dropping to $65.49 per tonne cfr Qingdao on Wednesday June 20 from $68.49 on Monday after weekly averages posted rises for three consecutive weeks before. After an impressive surge in underlying demand through April...

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