December 2017

Steelmaking Raw Materials Trade Log, December 14, 2017

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

Seaborne iron ore market inactive but premiums hold steady

Trading activity dipped in the seaborne iron ore market on Thursday December 14 after rebar prices retreated, though premiums for index-linked cargoes of Pilbara Blend fines remained stable.

Samarco obtains preliminary, installation licenses for new tailings deposit

Samarco has obtained preliminary and installation licenses to use the Alegria Sul caves to deposit tailings, as part of the process to resume iron ore pelletizing operations in Brazil’s south-eastern Minas Gerais state.

Steelmaking Raw Materials Trade Log, December 13, 2017

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

IRON ORE PRICES: Benchmark index slides below $71 per tonne

Iron ore prices slid below $71 per tonne cfr China Wednesday December 13 despite several index-linked seaborne cargoes fetching higher premiums.

Seaborne iron ore premiums rise further on pre-holiday restocking

Premiums for index-linked seaborne iron ore shipments continued to strengthen on Wednesday December 13 as buyers started restocking for the Chinese New Year amid expectations of fewer deliveries early next year.

China AM: Ferrous futures up amid strengthening steel export prices

China’s ferrous futures increased across the board during morning trading on Wednesday December 13 with export prices for Chinese steel products continuing to rise.

IRON ORE PRICES: Benchmark index rebounds to $71 per tonne cfr

Iron ore prices recovered on Tuesday December 12 to rise past $71 per tonne cfr China as liquidity in the seaborne market improved.

Steelmaking Raw Materials Trade Log, December 12, 2017

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

Strong premium for Pilbara fines boosts seaborne iron ore market

The seaborne iron ore market strengthened on Tuesday December 12 with a more than $2-per-tonne premium for the most liquid Pilbara Blend fines.