December 2020

MEIS 2020: HBI supplies to stay tight in 2021

Global supplies of hot-briquetted iron (HBI) are likely to remain limited in 2021, panelists said in an online discussion at Fastmarkets’ Middle East Iron & Steel conference last week, but it could be the key to a green steelmaking future.

Samarco resumes pellet production following restart of ops at Ubu site, BHP says

Samarco has resumed the production of iron ore pellets following a restart of operations at its Ubu complex in Brazil’s Espírito Santo state, BHP said on Thursday December 24.

IN CASE YOU MISSED IT: 5 key stories from December 23

Here are five Fastmarkets stories you might have missed on Wednesday December 23 that are worth another look.

IRON ORE DAILY: Seaborne prices dip further after downturn in futures

Seaborne iron prices fell further on Wednesday December 23, in response to the downtrend in futures and rising rebar inventories in northern China.

World crude steel production shrugs off pandemic effects to rise 6.6% in Nov

World crude steel production increased by 6.6% year on year in November, with China, Germany and Ukraine posting the largest increases.

FOCUS: What is behind the recent significant price gains in China’s SiMn market?

Both spot and futures silico-manganese prices in China have risen significantly over the past month, helped by comparatively limited availability of spot cargoes at Chinese smelters’ warehouses and steady demand from steel mills, market sources told Fastmarkets.

FASTMARKETS MB DAILY PDFs

Daily PDFs will be downloadable until Friday December 25. After that, because of the Christmas and New Year holidays, the next daily PDF will be downloadable on Tuesday January 5.

IRON ORE DAILY: Seaborne prices correct down after changes to Chinese futures market

Seaborne iron ore prices fell from their record highs on Tuesday December 22, after the market began “cooling off” following the introduction of new counter-speculation measures at the Dalian Commodity Exchange (DCE), sources told Fastmarkets.

Dalian exchange tightens trading limits for iron ore futures

China’s Dalian Commodity Exchange (DCE) has tightened its limits on the opening of positions to 2,000 lots per day for non-brokerage members or clients on all iron ore futures contracts from Tuesday December 22.

IN CASE YOU MISSED IT: 5 key stories from December 21

Here are five Fastmarkets stories you might have missed on Monday December 21 that are worth another look.