May 2021

IRON ORE DAILY: Prices follow steel uptrend amid talk of easing curbs in Tangshan

Seaborne iron ore prices rose on Monday May 31 amid support from increasing billet prices in China over the weekend and a potential easing of restrictions on steelmaking in Tangshan.

COKING COAL DAILY: Seaborne cfr prices surge on Monday with new deal heard

The seaborne premium hard coking coal price in the cfr market jumped on Monday May 31, with a deal heard done at $275 per tonne cfr China, sources told Fastmarkets.

CHINA HRC: Domestic prices extend rally

Hot-rolled coil prices in China’s domestic market cruised higher on Monday May 31, with the futures market extending its rally.

CHINA REBAR: Sharp price rise sends demand falling

China’s domestic rebar prices rose sharply on Monday May 31 following strong gains in the billet market over the weekend, but demand decreased in response to the increases.

RESEARCH: Tighter trade policy likely to raise global floor for stainless steel prices

The latest forecasts from Fastmarkets' team of analysts is ready to view.

Singapore rebar import prices continue downtrend on weak demand

Import prices for rebar in Singapore continued to fall in the week to Monday May 31 amid sustained bearishness in the Asian market, sources said.

Seaborne iron ore concentrate, pellet prices depressed by slumping fines

Seaborne iron ore concentrate and pellet prices plunged further in the week ended Friday May 28 amid downward pressure from the bigger fines segment of the market.

IN CASE YOU MISSED IT: 5 key stories from May 28

Here are five Fastmarkets stories you might have missed on Friday May 28 that are worth another look.

Brazil slab export prices dip on concerns about non-US trend

Brazilian steel slab export prices fell slightly week on week on Friday May 28 amid a pause in negotiations for shipments to the United States and lower indications for other regions.

US PIG IRON: Market strong on new bookings

The pig iron import market in the United States was strong during the week to Friday May 28 due to new deals.