November 2018

STEEL WEEK IN BRIEF: Asia scrap prices tumble; US HRC prices down to pre-232 levels; Voestalpine earnings slip...

Metal Bulletin reviews the major stories that have affected the steel market during the week ended Friday November 16.

FREE WEB SEMINAR: How SGX's 65% Fe derivative marks the next stage of evolution for iron ore

Fastmarkets is hosting a free web seminar to discuss the new Singapore Exchange (SGX) 65% Fe derivative contract on December 11.

IRON ORE DAILY: Seaborne prices up amid shortage of Australian fines

Seaborne iron ore prices rose on Friday November 16, amid a likely shortage in the supply of Australian fines.

SGX's high-grade iron ore derivatives set for Dec 3 launch

The Singapore Exchange (SGX) will launch high-grade iron ore derivatives settled against the daily MB 65% Fe Iron Ore Index published by Fastmarkets MB in the first week of December.

China AM: Steel futures fall amid spot market pessimism

China’s steel futures declined during morning trading on Friday November 16 amid pessimistic sentiment in the physical market, while the steelmaking raw materials contracts were largely stable.

IRON ORE DAILY: Prices weaken on first day of winter steelmaking restrictions in China

Iron ore prices weakened on Thursday November 15, marking the start of the winter heating season in north China and the accompanying steelmaking restrictions.

China AM: Ferrous futures prices shed upward momentum

China’s ferrous futures, particularly the steel and coke contracts, tumbled during morning trading on Thursday November 15 on profit-taking after across-the-board gains a day earlier.

IRON ORE DAILY: Market mixed amid tightness of seaborne Australian cargoes

Iron ore prices were mixed on Wednesday November 14 with supply tightness and higher premiums reported for December-arrival Pilbara Blend fines.

Steelmaking Raw Materials Trade Log, November 14, 2018

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

China AM: Ferrous futures post mid-week surge

China’s ferrous futures rose across the board during morning trading on Wednesday November 14, following the release of data showing higher-than-expected industrial output in October.