May 2020

HOTTER ON METALS: Looking for LUV in the time of Covid-19

How long it will take the global economy to recover from the Covid-19 pandemic is anyone’s guess right now.

CSN will export 32 million tonnes of iron ore in 2020, cfo says

Brazilian steel and iron ore producer Companhia Siderúrgica Nacional (CSN) expects to ship 32 million tonnes of iron ore in 2020, chief financial officer Marcelo Ribeiro said on Friday May 15.

Vale reopens iron ore terminal in Malaysia

Brazil-based miner Vale has resumed operations at its Teluk Rubiah Maritime Terminal (TRMT), a distribution center in Malaysia, with maintenance work complete and health protocols being enforced to prevent the Covid-19 infection from spreading among workers.

IRON ORE DAILY: Seaborne iron ore prices up again as steel prices climb

Seaborne iron ore prices continued to gain ground on Monday May 18, after a rise in steel prices over the preceding weekend.

Seaborne iron ore concentrate, pellet prices rebound in line with fines market

Seaborne iron ore concentrate and pellet prices increased in the week to Friday May 15, matching the general price trend for iron ore fines amid strong steel production in China.

IN CASE YOU MISSED IT: 5 key stories from May 15

Here are five Fastmarkets stories you might have missed on Friday May 15 that are worth another look.

Diversified portfolio a safer bet during Covid-19, ex-Rio Tinto head says

A diversified portfolio may well prove to be a winning ticket for metals and mining companies during the Covid-19 pandemic, according to the former chief executive officer of Rio Tinto.

HOTTER ON METALS: Move over, mega mine, ex-Rio Tinto CEO says

The Covid-19 pandemic is likely to lead to another casualty: the mega mine.

AT A GLANCE: Brazil's CSN posts fall in Q1 flat steel, iron ore sales

A summary of production figures and financial results from Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) for the first quarter of 2020, as stated in its earnings report published on Thursday May 14.

IRON ORE DAILY: Seaborne prices bolstered by solid steel fundamentals

Seaborne iron ore prices rose again on Friday May 15, supported by demand for crude steel production and increases in swaps and futures markets.