September 2018

STEEL WEEK IN BRIEF: Record global rebar demand, excess steel capacity…

Metal Bulletin reviews the major stories that have affected the steel market during the week ended Friday September 21.

IRON ORE DAILY: Seaborne market muted ahead of China holiday

Seaborne iron ore trading cooled further on Friday September 21, ahead of the Mid-Autumn Festival in China on Monday.

Steelmaking Raw Materials Trade Log, September 21, 2018

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.

DALIAN IRON ORE: Rio Tinto to launch e-platform for tenders

Rio Tinto is planning to launch an e-platform to allow its iron ore tender process to become more seamless for participants, Simon Farry, vice president sales and marketing iron ore, Rio Tinto said on Thursday September 20.

China AM: Ferrous futures move in different directions

China’s ferrous futures showed mixed price trends during morning trading on Friday September 21, with the steel and iron ore contracts retreating further while the coking coal and coke contracts increased.

IRON ORE DAILY: Seaborne prices rangebound amid thin trading

Seaborne iron ore prices recorded limited movement on Thursday September 20 with little trading activity taking place.

Steelmaking Raw Materials Trade Log, September 20, 2018

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.

DALIAN IRON ORE: 2018 most ‘stable’ year for Chinese steel industry since global financial crisis, CISA says

The Chinese steel industry has experienced the most ‘stable’ year since the global financial crisis of 2008 amid balanced supply and demand following efforts to reduce overcapacity in the steel sector over the past two years, according to Liu Zhenjiang, secretary general of the China Iron and Steel Association (CISA).

China AM: Ferrous futures retreat on expectations of limited steel cuts

China’s ferrous futures declined during morning trading on Thursday September 20, after the Tangshan government released details of winter steel restrictions the previous day. Limited production cuts are expected because most steel mills in Tangshan are likely to meet the pollution control standard, participants told Metal Bulletin.

IRON ORE DAILY: Seaborne market quiet amid news of Tangshan restrictions, industry conference

Seaborne iron ore trading almost came to a halt on Wednesday September 19 with participants heading to a key industry conference in China, while a plan for steelmaking restrictions in Tangshan was finalized.