June 2020

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: Yandi fines perform well amid uncertainty over Brazilian low-alumina ore supplies

Seaborne iron ore prices fell slightly on Wednesday June 10 on scant trading activity, while low-grade Yandi fines from Australia performed well due to uncertainty over supplies of low-alumina brands from Brazil.

COMMENT: Boom time for Australian iron ore miners amid Brazilian shortfall

An expected shortfall in Brazilian supply of high-grade iron ore will likely result in 2020 becoming a boom year for Australian miners.

Major Japanese mill sees upside for Asian HRC prices on higher raw material costs, easing Covid-19 restrictions

A major Japanese steelmaker expects to see more upside for hot-rolled coil prices in Asia due to higher raw materials costs and easing Covid-19-related restrictions.

IRON ORE DAILY: Seaborne prices cool off after hot start to week

Seaborne iron ore prices eased on Tuesday June 9 amid announcements from the Dalian Commodity Exchange of efforts to stamp out market rumors and strengthen regulation.

IRON ORE DAILY: Iron ore prices surge amid suspension of Vale’s Itabira complex

Iron ore prices surged on Monday June 8 following Vale's suspension of its Itabira complex, despite its iron ore fines guidance being unchanged, sources said.

Top steelmakers 2020 edition: China's Baowu tops ranking

International trade protection measures continued to loom large over global steel markets over the past year – to which the impacts of the Covid-19 pandemic have created further challenges.

Higher prices limit seaborne iron ore concentrates, pellet transactions

Seaborne iron ore concentrates and pellet transactions were limited in the week to Friday June 5 after prices surged in the wake of higher iron ore fines values.

Vale maintains guidance for iron ore fines despite Itabira suspension

Vale is maintaining its iron ore fines production guidance for 2020 despite suspending operations at its Itabira mining complex from Friday June 5 to support the fight against Covid-19, it said over the weekend.

IRON ORE DAILY: Seaborne prices rebound on low Chinese port inventory

Seaborne iron ore prices were mostly higher on Friday June 5, with another weekly decrease in iron ore stocks at Chinese ports lending support to the market.