Research

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

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November 2019 | Steel Raw Materials


Restocking activity and a seasonal uptick in demand is expected: Coking Coal and Coke Market Analysis


Over recent weeks there has been a slight improvement in mill margins, due to lower prices for iron ore.

Chinese downstream use indicators turn positive. Destocking activities on expectations of prices falling, has sought to lower stock levels across most steel products. Notably, rebar inventories fell to the lowest level in 10 months last week, suggesting strong demand from the construction sector. As an indicator, the new starts-to-residential October sales ratio rose to 1.17x (Sep, 1.0x), supporting the year-to-date ratio at 1.17x, while residential property sales growth last month accelerated to 14.6% year on year, led mainly by a combination...

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