February 2020 | Steel Raw Materials
Weather disruptions shape the market once again: Latest Analysis
On the supply side, the damages which the cyclone has caused to infrastructure at Rio Tinto’s Pilbara Port and the connecting rail network in Western Australia mean that operations will not return to normal immediately.
Weather disruptions shape the market once again
Iron ore prices have bounced back after supply disruptions in both major export markets, Brazil and Australia. The Fastmarkets' 62%Fe fines benchmark averaged $86.94 per tonne cfr last week, up 5.5% week on week. This week so far prices have exceeded the $90-per-tonne mark. On the demand side, in the meantime, the...
ACCESS RESTRICTED
You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.
SUBSCRIBE
Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as its published.
Subscribe