May 2020

FOCUS: Is Brazil iron ore's Black Swan?

Brazilian iron ore supply will be one of the key risk factors for market participants this year, especially with concerns rising further after a worsening of the Covid-19 pandemic in Brazil.

EU STEELMAKER CLOSURES 21/05: ArcelorMittal pauses Bosnia operations, SSAB extends layoffs

ArcelorMittal has temporarily stopped operations at its steel mill in Bosnia while Sweden’s SSAB has decided to extend layoffs at some of its productions assets in the week to Thursday May 21.

IRON ORE DAILY: Seaborne prices rebound amid strong steel market

Seaborne iron ore prices rebounded on Thursday May 21 with active trading driven by improving steel production and demand, despite renewed concerns over supplies from Brazil.

RESEARCH: Key takeaways from the latest Steel Raw Materials Market Tracker

The latest forecasts from Fastmarkets’ team of analysts are ready to view.

IRON ORE DAILY: Seaborne iron ore prices down in thin trading

Seaborne iron ore prices fell on Wednesday May 20 amid slow trading activity, bringing to an end a run of consecutive increases seen since the start of May.

FASTMARKETS MB DAILY PDFs

Daily PDFs will be downloadable until Monday May 25. After that, because of the UK’s Spring Bank holiday, the next daily PDF will be downloadable on Wednesday May 27.

IN CASE YOU MISSED IT: 5 key stories from May 19

Here are five Fastmarkets stories you might have missed on Tuesday May 19 that are worth another look.

LKAB pauses production after earthquake at mine

Swedish state-owned iron-ore producer LKAB has confirmed that all production at its Kiruna mine has stopped following a seismic event on Monday, the company said on Tuesday May 19.

IRON ORE DAILY: Seaborne iron ore continues uptrend with steel prices

Seaborne iron ore prices remained bullish on Tuesday May 19 with solid increases in steel prices and strong transaction volumes for steel products.

Sierra Leone detains five staff of Gerald’s iron ore subsidiary

Five expatriate managers of SL Mining were arrested in Sierra Leone last week on allegations of inciting unrest that led to destruction of property in the township of Lunsar, the company said on May 16.