January 2020

IRON ORE DAILY: Brazilian fines prices gain amid supply jitters

Iron ore Carajas (IOCJ) and Brazilian blended fines (BRBF) transactions took place at higher prices on Friday January 17, in anticipation of limited supplies of both brands in February-March, traders told Fastmarkets.

Vale suspends operations at Ferrous Resources mine

Brazilian producer Vale has halted operations at an iron ore mine at its subsidiary Ferrous Resources to allow for safety works, it said on Thursday January 16.

IRON ORE DAILY: Seaborne prices rangebound; low-alumina fines likely to gain interest

The seaborne iron ore index was rangebound on Thursday January 16, likely due to weaker demand from mills, while demand for low-alumina fines seemed robust.

IN CASE YOU MISSED IT: 5 key stories from January 15

Here are five Fastmarkets MB stories you might have missed on Wednesday January 15 that are worth another look.

IRON ORE DAILY: Steelmakers' tepid demand keeps seaborne prices rangebound

The seaborne iron ore index was rangebound on Wednesday January 15 amid tepid demand from steelmakers in China.

Six key focus areas for Chinese steelmakers in 2020, according to Cisa

The Chinese steelmaking industry will focus on six key areas in 2020 to maintain its structured and orderly development, China Iron & Steel Association (Cisa) chairman Gao Xiangming said in a speech at a conference last weekend.

IRON ORE DAILY: Seaborne iron ore prices jump on yuan appreciation, low shipments

Seaborne iron ore prices strengthened further on Tuesday January 14 amid continued appreciation of the yuan against the dollar and lower shipments from Australia and Brazil.

IN CASE YOU MISSED IT: 5 key stories from January 13

Here are five Fastmarkets MB stories you might have missed on Monday January 13 that are worth another look.

OUTLOOK: Sentiment in rebar market turns positive, Irepas says

Sentiment in the global long steel market has become more positive “especially after the announcement that a trade deal between the [United States] and China will be signed,” the International Rebar Producers & Exporters Association (Irepas) said last week.

IRON ORE DAILY: Seaborne prices rise on Australian cyclone concerns

Seaborne iron ore prices rose on Monday January 13 amid concerns that shipments from Australia would be disrupted by another cyclone.