February 2020

IRON ORE DAILY: Seaborne prices up on Australian cyclone concerns, port prices down amid low demand

Seaborne iron ore prices rose on Thursday February 6 amid concerns that a new cyclone will affect shipments from Western Australia, while Chinese port prices fell because of limited spot demand.

IN CASE YOU MISSED IT: 5 key stories from February 5

Here are five Fastmarkets MB stories you might have missed on Wednesday February 5 that are worth another look.

Brazilian iron ore exports down 19% in January

Iron ore export volumes from Brazil decreased by 19.33% year-on-year in January, according to figures released earlier this week by the country’s economy ministry.

IRON ORE DAILY: Seaborne prices down amid higher steel inventories

Seaborne iron ore prices retreated on Wednesday February 5 while the market reacted to high steel inventories.

Asia scrap market slumps on vessel quarantine, weak demand

The Asian scrap market is resting in a mid-week slump on Wednesday February 5 on the back of a string of Wuhan coronavirus-related fears.

Australian weather bureau flags ‘severe cyclone impact’ over weekend

A tropical cyclone is expected to develop off the northwest Kimberley coast in Western Australia over the weekend, starting on Thursday February 6, Australia’s Bureau of Meteorology said.

IN CASE YOU MISSED IT: 5 key stories from February 4

Here are five Fastmarkets MB stories you might have missed on Tuesday February 4 that are worth another look.

FOCUS: Progress in use of steel derivatives

As international exchanges continue to encourage trade in their ferrous contracts, Fastmarkets asks market experts for their views on progress in steel price risk management over the past year and the outlook for 2020.

IRON ORE DAILY: Seaborne prices up on firmer buying interest

Seaborne iron ore prices rose on Tuesday February 4 alongside an uptick in buying activity in the seaborne spot market.

PRICING NOTICE: Holiday pricing schedule for 2020-2021

View the Fastmarkets holiday pricing schedule for 2020 and 2021.