January 2020

Brazilian mining agency demands alert for rainfall in dams in four states

Brazilian mining regulatory agency ANM has demanded that mining companies in four states remain alert to the levels in their tailings dams until Friday January 31 because of the heavy rainfall in parts of the country this week.

APEX 2019: Bank Muscat, INTL FCStone/Ed Meir, ABN Amro clinch top spots

Bank Muscat’s Nishant Bhavsar and Ajit Mauskar led Fastmarkets’ Apex 2019 leaderboard for base metals analysis with an accuracy rate of 97.93%.

AT A GLANCE: Anglo American iron ore output up in Q4 on Kumba improvements, Minas-Rio ramp-up

A summary of Anglo American’s production results for iron ore in the fourth quarter and full-year 2019, as well as production guidance for 2020, following the company's report released on Thursday January 23.

IRON ORE DAILY: Coronavirus fears linger, Chinese port inventories dip slightly

Seaborne iron ore prices were rangebound on Friday January 24 while the week-long Chinese New Year holiday starts, but market participants who were still working believe that the outlook is bearish with the ongoing fears of the coronavirus not being contained.

IN CASE YOU MISSED IT: 5 key stories from January 23

Here are five Fastmarkets MB stories you might have missed on Thursday January 23 that are worth another look.

IRON ORE DAILY: Prices drop ahead of Chinese New Year amid growing concerns over coronavirus

Seaborne iron ore prices dropped significantly on Thursday January 23 in the lull ahead of the week-long Chinese New Year holiday, amid rising concerns over the potential impact of the coronavirus outbreak in Wuhan.

China's second-biggest steelmaker secures yuan-denominated iron ore deal with Vale

Hebei Iron and Steel Group (HBIS), also known as Hesteel Group, has secured a yuan-denominated contract to buy iron ore from Vale, China's second-biggest steelmaker said this week.

Digitalization of global trade gets major push

The digitalization of global trade received another push this week, with the International Chamber of Commerce (ICC), the government of Singapore and industry participants signing an agreement to facilitate and accelerate the adoption of technologies in commerce at the World Economic Forum in Davos, Switzerland.

IRON ORE DAILY: Seaborne prices rangebound in quiet market

Seaborne iron ore prices were rangebound on Wednesday January 22 amid limited overall activity in the market.

EXCLUSIVE: Stemcor sold to China’s Cedar Holdings for $150 million

Global steel trader Stemcor has been sold to China’s Cedar Holdings for $150 million, a source with knowledge of the matter told Fastmarkets on Wednesday January 22.