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

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February 2019 | Galvanized Steel and Tinplate Market Tracker

Asian prices rebound but elsewhere remain weak: Latest analysis

With regards coated steels in particular, Chinese export prices on hot-dipped galvanized steel (HDG) are up by some $35/tonne since mid-January.

Asian prices rebound but elsewhere remain weak

Some support has emerged at last for global steel prices in recent weeks although it has largely come from tragic circumstances. We speak of the collapse of the tailings dam at Vale’s Córrego do Feijão iron ore mine in Brazil on January 25 that may have resulted in the deaths of some 300 people. Following the incident, Vale has responded with cutbacks, halting operations at other...


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