Research

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

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December 2018 | Steel Raw Materials


Steelmaking raw material prices in China are set to decline further in the coming months: Latest Analysis


While increased competitiveness of hot metal, along with slowing growth in scrap demand, pushed scrap prices down, most recent price decreases widened the rebar-to-scrap spread in Japan to the highest level since early May.

Steelmaking raw material prices in China are set to decline further in the coming months The price downturn in the Chinese ferrous market, with both rebar and hot-rolled coil margins for mills down to the lowest level in over a year, has dragged down iron ore prices with them. And as we expected, the spreads between high and low Fe grade iron ore fines also continued to narrow. The premium...

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