December 2014

Premium hard coking coal prices into China still under pressure

The availability of at least three January-laycan cargoes of premium hard coking coal coupled with a lack of demand continues to put pressure on prices of top tier materials.

China’s rebar prices up on futures' night session gains

China’s spot rebar prices rose on Tuesday December 30 following a solid night session that saw the long steel product’s most-traded futures contract rise to its daily limit.

Coal train drivers in Queensland rail yard plan strike

A number of Aurizon’s coal train drivers in Queensland, Australia will go on a 24-hour strike later this week due to disagreements over a new workplace arrangement.

Japan’s steel exports fall again after rises in September, October

Japanese steelmakers reported a 2.9% year-on-year decrease in iron and steel exports in November on the back of lower shipments to both China and Taiwan.

China’s domestic iron ore concentrate prices down further

China’s domestic prices for iron ore concentrate slowed down the pace of its descent this week thanks to an uptick in the imported ore and billet markets.

Malaysia extends time on AD probe decision on rebar imports

The Malaysian government wants more time to make a preliminary determination on an anti-dumping investigation relating to rebar imported from China and South Korea.

China AM: Futures continue rise after robust night session

China's steel and raw materials futures continued to rise in morning trading on Tuesday December 30, after a strong performance during the new night session.

Thailand's vehicle output expected to reach just 2 million units in 2014

Thailand’s car output is likely to reach only 2 million units in 2014, lower than an earlier industry forecast of 2.1 million units.