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

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January 2020 | Steel Scrap and Metallics Forecaster


Coronavirus outbreak stalls markets, but impact on the scrap prices is likely to be less significant compared with other steel raw materials: Latest Analysis


Iron ore prices have fallen the past week, while the pronounced rise which we had seen in coking coal prices in January has now paused.



Coronavirus outbreak stalls markets, but impact on the scrap prices is likely to be less significant compared with other steel raw materials

Just as China and the US started to reach a deal and the trade tensions eased, the coronavirus has again increased the uncertainty in the steel and steelmaking raw material markets. Although there may be little or no impact of the coronavirus on China’s GDP in the long run, we have already past the point of “no...

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