August 2020

IRON ORE DAILY: Rise in mid-grade fines price pushes mills to mix low/high-grade materials

Seaborne iron ore prices rose on Tuesday August 11, with supply concerns developing because the Chinese government may extend the processing time for import licenses, while the high price for mid-grade fines has pushed mills to adjust their brand usage.

Seaborne iron ore concentrate, pellet prices track rising futures

Prices for seaborne iron ore concentrate and pellets went up last week amid an uptrend in the futures market, though demand remained weak, sources told Fastmarkets.

FERROUS ANALYTICS: China rebar producers see near-zero margins in July

Fastmarkets is proud to launch its first monthly Ferrous Analytics report, which will help subscribers keep track of hot metal costs and steel production spreads in China, as well as key pricing components of the steelmaking raw materials supply chain in Asia.

IRON ORE DAILY: Prices dip despite China’s strong iron ore imports

Iron ore prices decreased on Friday August 7, with China's strong iron ore imports data for July potentially easing the uptrend and bullish sentiment, resulting in a correction in prices, sources said.

China’s iron ore imports hit record high in July

China’s iron ore imports reached a record high in July 2020, according to data from the General Administration of Customs of China released on Friday August 7.

Peru's iron ore output close to 394,000 tonnes in June as pandemic restrictions ease

Iron ore output in Peru reached 393,741 tonnes in June 2020, after two months with no production, according to the country’s mining and energy ministry.

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 prices bullish amid better weather; futures strong

Seaborne iron ore prices were up on Thursday August 6 amid better weather conditions in eastern China and the return of demand from the construction sector, according to trader sources.

INTERVIEW: Blockchain can help 'antique' iron ore industry thrive amid global steel slump, DBS Bank says

Blockchain technology can help the global iron ore industry thrive amid the headwinds encountered by steelmaking countries around the world, according to Singapore's DBS Bank.

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

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